&Do Holdings Cash Flow Statement

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

Millions JPY. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Net Income	3,655	3,686	3,309	2,924	2,460
Depreciation & Amortization	969	1,019	971	985	686
Loss (Gain) From Sale of Assets	-	-	-	-	27
Loss (Gain) From Sale of Investments	-	-	-	-	5
Other Operating Activities	-1,787	-959	-1,154	-1,067	-322
Change in Accounts Receivable	58	174	2,331	4,807	1,345
Change in Inventory	6,799	3,250	-17,890	5,384	8,469
Change in Accounts Payable	-364	-39	423	286	361
Change in Other Net Operating Assets	-1,808	309	-703	-1,336	-335
Operating Cash Flow	7,522	7,440	-12,713	11,983	12,696
Operating Cash Flow Growth	1.10%	-	-	-5.62%	152.86%
Capital Expenditures	-695	-448	-5,378	-19,459	-14,458
Sale (Purchase) of Intangibles	-433	-403	-485	-667	-267
Investment in Securities	-125	-558	-802	-572	-383
Other Investing Activities	518	100	257	-181	-181
Investing Cash Flow	-735	-1,309	-6,408	-20,879	-15,289
Short-Term Debt Issued	975	-	8,073	-	-
Long-Term Debt Issued	14,913	15,542	21,312	17,750	10,260
Total Debt Issued	15,888	15,542	29,385	17,750	10,260
Short-Term Debt Repaid	-	-4,296	-	-905	-2,661
Long-Term Debt Repaid	-22,866	-16,980	-13,673	-10,174	-7,122
Total Debt Repaid	-22,866	-21,276	-13,673	-11,079	-9,783
Net Debt Issued (Repaid)	-6,978	-5,734	15,712	6,671	477
Issuance of Common Stock	1,012	-	-	-	28
Repurchase of Common Stock	-1,313	-	-	-	-
Common Dividends Paid	-855	-782	-706	-586	-369
Other Financing Activities	18	150	-3	-2	-1
Financing Cash Flow	-8,116	-6,366	15,003	6,083	135
Foreign Exchange Rate Adjustments	-1	12	9	12	1
Miscellaneous Cash Flow Adjustments	-	1	-	1	3
Net Cash Flow	-1,330	-222	-4,109	-2,800	-2,454
Free Cash Flow	6,827	6,992	-18,091	-7,476	-1,762
Free Cash Flow Growth	-2.36%	-	-	-	-
Free Cash Flow Margin	10.55%	10.35%	-36.51%	-18.06%	-4.51%
Free Cash Flow Per Share	345.58	350.49	-914.18	-377.60	-88.89
Cash Interest Paid	816	703	535	358	281
Cash Income Tax Paid	1,775	961	1,124	1,053	330
Levered Free Cash Flow	3,267	1,000	-28,769	-16,864	-11,564
Unlevered Free Cash Flow	3,769	1,442	-28,454	-16,650	-11,386
Change in Working Capital	4,685	3,694	-15,839	9,141	9,840

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.