RACCOON HOLDINGS Cash Flow Statement

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

Millions JPY. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Net Income	1,290	1,247	535	1,077	661	1,206
Depreciation & Amortization	149	147	126	117	142	143
Loss (Gain) From Sale of Assets	-	-	-	133	147	-
Loss (Gain) From Sale of Investments	26	26	-	-	325	-
Other Operating Activities	-491	-200	-249	-666	-432	-277
Change in Accounts Receivable	-1,334	-1,142	-635	-827	-1,357	-674
Change in Accounts Payable	959	950	715	1,090	2,261	-187
Change in Other Net Operating Assets	351	21	168	198	109	-27
Operating Cash Flow	950	1,049	660	1,122	1,856	184
Operating Cash Flow Growth	57.81%	58.94%	-41.18%	-39.55%	908.70%	-89.59%
Capital Expenditures	-7	-4	-	-9	-1	-4
Divestitures	-90	-90	-	-	-	-
Sale (Purchase) of Intangibles	-188	-183	-236	-149	-129	-77
Investment in Securities	-272	-215	-296	-20	-100	-
Other Investing Activities	151	148	8	13	33	38
Investing Cash Flow	-406	-344	-524	-165	-197	-43
Short-Term Debt Issued	-	300	-	-	-	-
Total Debt Issued	300	300	-	-	-	-
Short-Term Debt Repaid	-	-	-	-	-	-2,640
Long-Term Debt Repaid	-	-45	-48	-178	-220	-344
Total Debt Repaid	-345	-45	-48	-178	-220	-2,984
Net Debt Issued (Repaid)	-45	255	-48	-178	-220	-2,984
Issuance of Common Stock	-	-	3	6	21	1,325
Repurchase of Common Stock	-869	-908	-503	-261	-499	-
Common Dividends Paid	-460	-322	-393	-423	-424	-310
Other Financing Activities	-14	-13	-9	-6	-6	-3
Financing Cash Flow	-1,388	-988	-950	-862	-1,128	-1,972
Miscellaneous Cash Flow Adjustments	1	1	-	-2	-	-
Net Cash Flow	-843	-282	-814	93	531	-1,831
Free Cash Flow	943	1,045	660	1,113	1,855	180
Free Cash Flow Growth	56.90%	58.33%	-40.70%	-40.00%	930.56%	-89.72%
Free Cash Flow Margin	15.26%	17.14%	11.36%	20.92%	38.73%	4.13%
Free Cash Flow Per Share	45.38	49.05	30.50	50.12	83.16	8.13
Cash Interest Paid	12	10	4	4	5	8
Cash Income Tax Paid	491	36	250	668	435	270
Levered Free Cash Flow	553.13	792.13	423.88	845.13	1,127	507.25
Unlevered Free Cash Flow	560.63	798.38	426.38	847.63	1,130	513.5
Change in Working Capital	-24	-171	248	461	1,013	-888

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.