Maezawa Industries Cash Flow Statement

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

Millions JPY. Fiscal year is Jun - May.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Net Income	4,582	4,960	3,322	3,094	3,339
Depreciation & Amortization	679	606	562	548	541
Loss (Gain) From Sale of Assets	185	33	22	26	38
Other Operating Activities	-1,082	-1,109	-886	-1,024	-951
Change in Accounts Receivable	2,524	-1,815	-498	-89	-19
Change in Inventory	-760	628	-1,525	607	60
Change in Accounts Payable	-1,059	-2,778	1,296	-483	-259
Change in Other Net Operating Assets	477	240	306	-363	651
Operating Cash Flow	5,546	765	2,599	2,316	3,400
Operating Cash Flow Growth	624.97%	-70.57%	12.22%	-31.88%	303.32%
Capital Expenditures	-1,164	-699	-601	-428	-566
Sale of Property, Plant & Equipment	-114	-1	-10	16	10
Sale (Purchase) of Intangibles	-291	-161	-77	-22	-10
Investment in Securities	-2,995	-98	-	2	-
Other Investing Activities	-2	131	-27	-10	-22
Investing Cash Flow	-4,565	-826	-714	-441	-587
Short-Term Debt Issued	3,800	2,400	1,410	1,400	1,600
Long-Term Debt Issued	900	800	800	800	800
Total Debt Issued	4,700	3,200	2,210	2,200	2,400
Short-Term Debt Repaid	-3,800	-2,400	-1,410	-1,400	-1,600
Long-Term Debt Repaid	-946	-828	-926	-1,306	-837
Total Debt Repaid	-4,746	-3,228	-2,336	-2,706	-2,437
Net Debt Issued (Repaid)	-46	-28	-126	-506	-37
Repurchase of Common Stock	-341	-356	-	-288	-199
Common Dividends Paid	-725	-551	-445	-449	-303
Other Financing Activities	-23	-11	-35	-35	-31
Financing Cash Flow	-1,135	-946	-606	-1,278	-570
Miscellaneous Cash Flow Adjustments	1	-	-	-1	-1
Net Cash Flow	-153	-1,007	1,279	596	2,242
Free Cash Flow	4,382	66	1,998	1,888	2,834
Free Cash Flow Growth	6539.39%	-96.70%	5.83%	-33.38%	626.67%
Free Cash Flow Margin	11.69%	0.18%	6.17%	6.11%	8.91%
Free Cash Flow Per Share	248.33	3.67	110.14	103.59	151.55
Cash Interest Paid	26	17	16	19	19
Cash Income Tax Paid	1,084	1,110	887	1,024	955
Levered Free Cash Flow	3,686	-581.13	1,756	1,465	2,453
Unlevered Free Cash Flow	3,703	-570.5	1,766	1,476	2,465
Change in Working Capital	1,182	-3,725	-421	-328	433

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