Happiness and D Cash Flow Statement

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

Millions JPY. Fiscal year is Sep - Aug.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023
Net Income	-717	-474	-453
Depreciation & Amortization	144	174	208
Loss (Gain) From Sale of Assets	241	271	190
Other Operating Activities	-52	-48	-113
Change in Accounts Receivable	58	-54	79
Change in Inventory	717	759	204
Change in Accounts Payable	-228	50	-218
Change in Other Net Operating Assets	7	78	70
Operating Cash Flow	170	756	-33
Operating Cash Flow Growth	-77.51%	-	-
Capital Expenditures	-63	-107	-53
Cash Acquisitions	-	-	-167
Sale (Purchase) of Intangibles	-1	-7	-56
Investment in Securities	-4	50	249
Other Investing Activities	-45	23	-26
Investing Cash Flow	-113	-41	-53
Short-Term Debt Issued	104	-	-
Long-Term Debt Issued	50	450	2,800
Total Debt Issued	154	450	2,800
Short-Term Debt Repaid	-	-	-50
Long-Term Debt Repaid	-360	-1,911	-2,110
Total Debt Repaid	-360	-1,911	-2,160
Net Debt Issued (Repaid)	-206	-1,461	640
Repurchase of Common Stock	-	-	-37
Dividends Paid	-28	-38	-37
Other Financing Activities	-114	-171	-206
Financing Cash Flow	-348	-1,670	360
Miscellaneous Cash Flow Adjustments	-	-1	-1
Net Cash Flow	-291	-956	273
Free Cash Flow	107	649	-86
Free Cash Flow Growth	-83.51%	-	-
Free Cash Flow Margin	1.21%	6.02%	-0.68%
Free Cash Flow Per Share	42.02	255.03	-33.91
Cash Interest Paid	39	31	32
Cash Income Tax Paid	51	49	117
Levered Free Cash Flow	222.63	660.63	-
Unlevered Free Cash Flow	244.5	680.63	-
Change in Working Capital	554	833	135

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