Baroque Japan Cash Flow Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Net Income	391	-1,965	1,738	1,072	2,574
Depreciation & Amortization	905	937	862	724	811
Loss (Gain) From Sale of Assets	146	287	295	154	294
Loss (Gain) From Sale of Investments	-146	-	-	-	-
Loss (Gain) on Equity Investments	-	2,436	228	940	142
Other Operating Activities	-172	-774	-355	-1,125	-423
Change in Accounts Receivable	-121	777	-1,381	1,333	-81
Change in Inventory	356	149	441	-348	-621
Change in Accounts Payable	-750	668	-688	-703	-693
Change in Other Net Operating Assets	210	-314	422	-6	-8
Operating Cash Flow	819	2,201	1,562	2,041	1,995
Operating Cash Flow Growth	-62.79%	40.91%	-23.47%	2.31%	1304.93%
Capital Expenditures	-592	-599	-990	-573	-452
Divestitures	1,836	-	-	-	-
Sale (Purchase) of Intangibles	-649	-1,059	-1,815	-659	-390
Other Investing Activities	-35	-140	-65	-41	19
Investing Cash Flow	560	-1,798	-2,870	-1,273	-823
Short-Term Debt Issued	2,000	2,000	2,000	2,000	2,000
Long-Term Debt Issued	-	-	3,000	3,000	-
Total Debt Issued	2,000	2,000	5,000	5,000	2,000
Short-Term Debt Repaid	-2,000	-2,000	-2,000	-2,000	-3,000
Long-Term Debt Repaid	-	-	-3,000	-3,000	-125
Total Debt Repaid	-2,000	-2,000	-5,000	-5,000	-3,125
Net Debt Issued (Repaid)	-	-	-	-	-1,125
Common Dividends Paid	-1,376	-1,376	-1,376	-1,376	-1,158
Other Financing Activities	-59	-60	-52	-5	-5
Financing Cash Flow	-1,435	-1,436	-1,428	-1,381	-2,288
Foreign Exchange Rate Adjustments	69	157	172	346	202
Miscellaneous Cash Flow Adjustments	1	1	1	1	1
Net Cash Flow	14	-875	-2,563	-266	-913
Free Cash Flow	227	1,602	572	1,468	1,543
Free Cash Flow Growth	-85.83%	180.07%	-61.03%	-4.86%	-
Free Cash Flow Margin	0.44%	2.75%	0.95%	2.50%	2.61%
Free Cash Flow Per Share	6.31	44.53	15.88	40.76	42.84
Cash Interest Paid	85	52	33	36	45
Cash Income Tax Paid	174	781	362	1,125	526
Levered Free Cash Flow	8,256	2,041	-1,987	135.63	106.25
Unlevered Free Cash Flow	8,308	2,072	-1,969	154.38	125.63
Change in Working Capital	-305	1,280	-1,206	276	-1,403

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