Pacific Net Cash Flow Statement

Financials in millions JPY. Fiscal year is June - May.

Millions JPY. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Net Income	1,137	774	633	518	332	760
Depreciation & Amortization	3,191	2,812	2,242	1,886	1,731	1,307
Loss (Gain) From Sale of Assets	-	-	3	-	-	4
Other Operating Activities	-256	-213	-250	-92	-286	-122
Change in Accounts Receivable	-155	-210	-107	-120	-55	7
Change in Inventory	-21	23	-41	48	-48	79
Change in Accounts Payable	44	110	-53	48	-126	244
Change in Other Net Operating Assets	223	273	94	449	-187	104
Operating Cash Flow	4,163	3,569	2,521	2,737	1,361	2,383
Operating Cash Flow Growth	34.94%	41.57%	-7.89%	101.10%	-42.89%	84.87%
Capital Expenditures	-6,301	-4,618	-4,315	-3,213	-2,996	-1,422
Sale (Purchase) of Intangibles	-21	-21	-6	-26	-34	-3
Other Investing Activities	-24	-89	-91	-25	-109	-43
Investing Cash Flow	-6,346	-4,728	-4,412	-3,264	-3,139	-1,468
Long-Term Debt Issued	-	3,950	4,550	2,500	2,100	1,495
Total Debt Issued	5,800	3,950	4,550	2,500	2,100	1,495
Long-Term Debt Repaid	-	-2,712	-2,319	-1,571	-1,180	-1,375
Total Debt Repaid	-3,160	-2,712	-2,319	-1,571	-1,180	-1,375
Net Debt Issued (Repaid)	2,640	1,238	2,231	929	920	120
Issuance of Common Stock	-	2	96	51	51	-
Common Dividends Paid	-251	-215	-205	-183	-151	-110
Other Financing Activities	-41	-34	-21	-14	63	-9
Financing Cash Flow	2,348	991	2,101	783	883	1
Miscellaneous Cash Flow Adjustments	1	1	-	-	1	-
Net Cash Flow	166	-167	210	256	-894	916
Free Cash Flow	-2,138	-1,049	-1,794	-476	-1,635	961
Free Cash Flow Margin	-22.94%	-12.95%	-25.92%	-7.43%	-29.69%	18.40%
Free Cash Flow Per Share	-406.24	-199.34	-341.88	-92.13	-316.00	185.11
Cash Interest Paid	74	59	41	18	14	12
Cash Income Tax Paid	254	209	255	95	285	124
Levered Free Cash Flow	-2,717	-1,212	-2,018	-882	-1,461	809.13
Unlevered Free Cash Flow	-2,672	-1,178	-1,996	-870.75	-1,453	816
Change in Working Capital	91	196	-107	425	-416	434

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