LANDNET Cash Flow Statement

Financials in millions JPY. Fiscal year is August - July.

Millions JPY. Fiscal year is Aug - Jul.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022	Jul '21 Jul 31, 2021
Net Income	3,564	2,752	1,478	1,432	1,159
Depreciation & Amortization	361	310	226	158	107
Loss (Gain) From Sale of Assets	-252	-232	-116	-44	-4
Other Operating Activities	-1,222	-503	-547	-558	-225
Change in Accounts Receivable	-10	-33	-12	3	5
Change in Inventory	-5,702	-4,985	-3,593	-2,132	-1,134
Change in Accounts Payable	387	340	168	-84	-
Change in Other Net Operating Assets	273	513	5	152	281
Operating Cash Flow	-2,601	-1,838	-2,391	-1,073	189
Capital Expenditures	-2,145	-2,096	-1,540	-849	-769
Sale of Property, Plant & Equipment	833	1,038	458	232	14
Sale (Purchase) of Intangibles	-289	-265	-243	-290	-147
Investment in Securities	-	280	-	-130	-40
Other Investing Activities	-143	1	26	-96	2
Investing Cash Flow	-1,744	-1,042	-1,299	-1,133	-940
Short-Term Debt Issued	1,338	2,388	2,252	1,696	196
Long-Term Debt Issued	6,991	4,166	1,946	847	1,598
Total Debt Issued	8,329	6,554	4,198	2,543	1,794
Long-Term Debt Repaid	-3,305	-2,642	-1,027	-446	-529
Net Debt Issued (Repaid)	5,024	3,912	3,171	2,097	1,265
Issuance of Common Stock	6	11	7	-	1,187
Common Dividends Paid	-183	-110	-95	-76	-59
Other Financing Activities	-6	-3	-2	-13	-7
Financing Cash Flow	4,841	3,810	3,081	2,008	2,386
Foreign Exchange Rate Adjustments	1	-	-	2	1
Miscellaneous Cash Flow Adjustments	1	-	-	2	-
Net Cash Flow	498	930	-609	-194	1,636
Free Cash Flow	-4,746	-3,934	-3,931	-1,922	-580
Free Cash Flow Margin	-4.94%	-5.06%	-6.18%	-3.71%	-1.41%
Free Cash Flow Per Share	-196.19	-163.49	-163.39	-80.05	-30.90
Cash Interest Paid	281	180	94	65	39
Cash Income Tax Paid	1,222	504	548	560	225
Levered Free Cash Flow	-5,404	-4,137	-4,527	-2,373	-424.63
Unlevered Free Cash Flow	-5,228	-4,024	-4,468	-2,332	-399.63
Change in Working Capital	-5,052	-4,165	-3,432	-2,061	-848

Source: S&P Global Market Intelligence. Standard template. Financial Sources.