MS&Consulting 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	-150	-239	178	324	313	-307
Depreciation & Amortization	126	106	87	81	70	76
Loss (Gain) From Sale of Assets	398	398	-	-	-	-
Other Operating Activities	-48	-6	-157	-60	-2	-17
Change in Accounts Receivable	110	85	-71	-148	64	382
Change in Inventory	-5	12	-15	1	-5	-
Change in Accounts Payable	-58	17	-2	-145	75	50
Change in Other Net Operating Assets	2	33	-7	-47	1	23
Operating Cash Flow	375	406	13	6	516	207
Operating Cash Flow Growth	43.13%	3023.08%	116.67%	-98.84%	149.28%	-41.69%
Capital Expenditures	-1	-6	-29	-1	-1	-1
Sale (Purchase) of Intangibles	-130	-124	-126	-70	-51	-46
Investment in Securities	10	-	-20	-	-	-
Other Investing Activities	-4	-	-	-	5	1
Investing Cash Flow	-125	-130	-176	-71	-47	-46
Short-Term Debt Issued	-	-	150	-	-	-
Long-Term Debt Issued	-	-	-	-	-	500
Total Debt Issued	-18	-	150	-	-	500
Short-Term Debt Repaid	-	-4	-	-	-	-50
Long-Term Debt Repaid	-	-	-69	-166	-180	-105
Total Debt Repaid	-31	-4	-69	-166	-180	-155
Net Debt Issued (Repaid)	-49	-4	81	-166	-180	345
Issuance of Common Stock	1	7	34	24	-	25
Repurchase of Common Stock	-	-	-213	-67	-59	-30
Common Dividends Paid	-	-	-74	-69	-	-122
Other Financing Activities	148	-33	-1	-64	-29	-38
Financing Cash Flow	100	-30	-173	-342	-268	180
Foreign Exchange Rate Adjustments	7	2	-	1	-1	-
Miscellaneous Cash Flow Adjustments	2	1	-	-	-2	-
Net Cash Flow	359	249	-336	-406	198	341
Free Cash Flow	374	400	-16	5	515	206
Free Cash Flow Growth	46.67%	-	-	-99.03%	150.00%	-39.77%
Free Cash Flow Margin	14.34%	15.67%	-0.67%	0.23%	26.64%	15.75%
Free Cash Flow Per Share	89.29	99.19	-3.92	1.15	116.05	46.85
Cash Interest Paid	2	1	-	1	3	2
Cash Income Tax Paid	50	7	156	60	3	17
Levered Free Cash Flow	218.5	262.88	-144.88	-133.38	323.75	200.38
Unlevered Free Cash Flow	219.13	263.5	-144.88	-132.75	325.63	201.63
Change in Working Capital	49	147	-95	-339	135	455

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