WingArc1st Cash Flow Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Net Income	7,973	8,253	7,304	5,860	5,910	3,153
Depreciation & Amortization	1,794	1,764	1,612	1,490	1,538	3,104
Other Operating Activities	-2,797	-2,605	-1,739	-1,728	-1,094	-1,780
Change in Accounts Receivable	-632.52	-698	-196	22	233	-51
Change in Accounts Payable	237	51	-203	422	-204	-46
Change in Other Net Operating Assets	1,431	1,431	1,062	804	56	572
Operating Cash Flow	7,306	8,196	7,840	6,870	6,439	4,952
Operating Cash Flow Growth	-7.30%	4.54%	14.12%	6.69%	30.03%	-
Capital Expenditures	-169.83	-390	-488	-93	-104	-491
Cash Acquisitions	-2,716	-860	-	-	77	-
Sale (Purchase) of Intangibles	-410.48	-429	-585	-468	-391	-10
Investment in Securities	24.41	23	-491	-414	-119	-67
Other Investing Activities	-0.56	-1	-36	-45	5	434
Investing Cash Flow	-3,273	-1,657	-1,600	-1,020	-532	-134
Long-Term Debt Issued	-	-	10,000	-	-	4,500
Long-Term Debt Repaid	-	-1,487	-12,250	-2,000	-2,000	-6,500
Net Debt Issued (Repaid)	-1,477	-1,487	-2,250	-2,000	-2,000	-2,000
Issuance of Common Stock	52.05	54	125	99	1,721	-
Repurchase of Common Stock	-0.18	-	-	-	-	-650
Common Dividends Paid	-3,955	-3,017	-1,900	-1,478	-1,428	-
Other Financing Activities	-350.2	-352	-437	-351	-377	-1,996
Financing Cash Flow	-5,730	-4,802	-4,462	-3,730	-2,084	-4,646
Foreign Exchange Rate Adjustments	33.74	-8	34	39	24	36
Miscellaneous Cash Flow Adjustments	-1	-1	-2	-	-1	-1
Net Cash Flow	-1,664	1,728	1,810	2,159	3,846	207
Free Cash Flow	7,136	7,806	7,352	6,777	6,335	4,461
Free Cash Flow Growth	-5.19%	6.17%	8.48%	6.98%	42.01%	-
Free Cash Flow Margin	24.11%	27.19%	28.55%	30.32%	31.94%	24.40%
Free Cash Flow Per Share	205.81	224.55	211.99	196.32	184.08	144.54
Cash Interest Paid	111.81	66	68	79	89	113
Cash Income Tax Paid	2,829	2,621	1,791	1,790	1,142	1,752
Levered Free Cash Flow	6,291	6,704	6,022	5,838	5,182	3,767
Unlevered Free Cash Flow	6,368	6,755	6,077	5,902	5,256	3,855
Change in Working Capital	334.91	784	663	1,248	85	475

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