MIGALO HOLDINGS Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	2,254	2,313	1,910	2,518	1,934
Depreciation & Amortization	133	133	118	111	106
Loss (Gain) From Sale of Investments	89	-224	125	-	-
Other Operating Activities	-1,127	-915	-1,386	-1,001	-688
Change in Accounts Receivable	-59	-45	-152	-135	-99
Change in Inventory	1,025	-7,882	-2,398	-11,873	-808
Change in Accounts Payable	949	-741	-231	1,000	-1,189
Change in Other Net Operating Assets	536	56	1,323	73	871
Operating Cash Flow	3,800	-7,305	-691	-9,307	127
Operating Cash Flow Growth	-	-	-	-	-46.19%
Capital Expenditures	-4	-59	-4	-21	-15
Cash Acquisitions	64	-155	-266	-100	333
Sale (Purchase) of Intangibles	-159	-92	-47	-49	-59
Investment in Securities	16	254	-	-90	-195
Other Investing Activities	32	-51	-42	-25	-36
Investing Cash Flow	-51	-103	-359	-285	28
Short-Term Debt Issued	-	406	-	5,561	513
Long-Term Debt Issued	12,139	15,369	12,621	9,308	9,486
Total Debt Issued	12,139	15,775	12,621	14,869	9,999
Short-Term Debt Repaid	-1,493	-	-114	-	-
Long-Term Debt Repaid	-13,851	-9,894	-9,095	-6,123	-7,268
Total Debt Repaid	-15,344	-9,894	-9,209	-6,123	-7,268
Net Debt Issued (Repaid)	-3,205	5,881	3,412	8,746	2,731
Issuance of Common Stock	2,958	10	9	1	11
Repurchase of Common Stock	-	-	-	-48	-
Common Dividends Paid	-409	-503	-290	-197	-189
Other Financing Activities	-6	1	-1	2	7
Financing Cash Flow	-662	5,389	3,130	8,504	2,560
Miscellaneous Cash Flow Adjustments	-1	1	-1	-1	1
Net Cash Flow	3,086	-2,018	2,079	-1,089	2,716
Free Cash Flow	3,796	-7,364	-695	-9,328	112
Free Cash Flow Growth	-	-	-	-	30.23%
Free Cash Flow Margin	6.60%	-14.24%	-1.63%	-25.04%	0.32%
Free Cash Flow Per Share	61.33	-124.54	-11.92	-158.89	1.91
Cash Interest Paid	629	503	314	281	239
Cash Income Tax Paid	998	756	1,263	918	584
Levered Free Cash Flow	3,539	-7,420	-700.13	-9,337	-7.63
Unlevered Free Cash Flow	3,925	-7,120	-498.88	-9,162	138.63
Change in Working Capital	2,451	-8,612	-1,458	-10,935	-1,225

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