FORCIA Cash Flow Statement

Financials in millions JPY. Fiscal year is March - February.

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023
Net Income	131.7	99.09	130.05
Depreciation & Amortization	14.62	44.41	54.47
Other Amortization	39.26	-	-
Loss (Gain) From Sale of Assets	0.12	-	0.08
Asset Writedown & Restructuring Costs	-	-	26.53
Loss (Gain) From Sale of Investments	-	-	-68.54
Other Operating Activities	43.52	43.23	-26.09
Change in Accounts Receivable	-226.04	350.98	-319.64
Change in Inventory	-	-	9.41
Change in Accounts Payable	8.33	-18.47	21.79
Change in Unearned Revenue	-	-0.44	2.2
Change in Other Net Operating Assets	16.09	0.72	-79.83
Operating Cash Flow	27.58	519.51	-249.58
Operating Cash Flow Growth	-94.69%	-	-
Capital Expenditures	-6.08	-9.85	-14.85
Sale (Purchase) of Intangibles	-105.24	-71.12	-30.24
Investment in Securities	-	-	124.52
Other Investing Activities	-	-0	-0
Investing Cash Flow	-111.32	-80.97	79.43
Issuance of Common Stock	366.38	-	-
Other Financing Activities	-11.14	-	-
Financing Cash Flow	355.24	-	-
Miscellaneous Cash Flow Adjustments	-	-0	0
Net Cash Flow	271.5	438.54	-170.14
Free Cash Flow	21.5	509.66	-264.43
Free Cash Flow Growth	-95.78%	-	-
Free Cash Flow Margin	0.93%	26.18%	-12.32%
Free Cash Flow Per Share	20.68	509.66	-264.43
Cash Income Tax Paid	57.4	8.11	16.98
Levered Free Cash Flow	-95.62	426.93	-
Unlevered Free Cash Flow	-95.62	426.93	-
Change in Working Capital	-201.63	332.79	-366.07

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