TWOSTONE&Sons Cash Flow Statement

Financials in millions JPY. Fiscal year is September - August.

Millions JPY. Fiscal year is Sep - Aug.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 28, 2026	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021
Net Income	601	818	427	259	213	121
Depreciation & Amortization	363	224	170	59	2	2
Loss (Gain) From Sale of Assets	-	-	8	-	-	-
Loss (Gain) From Sale of Investments	-1	-	17	46	-10	10
Other Operating Activities	-240	-322	-84	-108	-55	-4
Change in Accounts Receivable	-116	-166	-425	-254	-287	-234
Change in Inventory	15	-7	14	1	-14	-
Change in Accounts Payable	215	232	364	169	286	105
Change in Other Net Operating Assets	46	-30	206	-	80	54
Operating Cash Flow	883	749	697	172	215	54
Operating Cash Flow Growth	-18.01%	7.46%	305.23%	-20.00%	298.15%	-
Capital Expenditures	-103	-60	-22	-8	-61	-
Cash Acquisitions	-1,026	-1,121	-111	-519	-120	-27
Sale (Purchase) of Intangibles	-14	-5	-7	-73	-42	-
Investment in Securities	-14	-17	-	-	-57	-10
Other Investing Activities	-37	-75	20	-52	21	-43
Investing Cash Flow	-1,470	-1,278	-120	-652	-259	-80
Short-Term Debt Issued	-	100	-	150	-	-
Long-Term Debt Issued	-	2,143	750	1,143	600	-
Total Debt Issued	2,268	2,243	750	1,293	600	-
Short-Term Debt Repaid	-	-	-200	-	-	-
Long-Term Debt Repaid	-	-836	-497	-388	-183	-79
Total Debt Repaid	-1,015	-836	-697	-388	-183	-79
Net Debt Issued (Repaid)	1,253	1,407	53	905	417	-79
Issuance of Common Stock	39	1	1,768	10	19	2
Common Dividends Paid	-21	-21	-20	-20	-	-
Other Financing Activities	-2	-	30	-	-	-
Financing Cash Flow	1,269	1,387	1,831	895	436	-77
Miscellaneous Cash Flow Adjustments	1	1	-	-1	1	-
Net Cash Flow	683	859	2,408	414	393	-103
Free Cash Flow	780	689	675	164	154	54
Free Cash Flow Growth	-26.83%	2.07%	311.58%	6.49%	185.19%	-
Free Cash Flow Margin	3.93%	3.81%	4.72%	1.63%	2.24%	1.26%
Free Cash Flow Per Share	16.30	14.39	14.24	3.53	3.37	1.19
Cash Interest Paid	38	27	14	6	6	1
Cash Income Tax Paid	327	332	92	108	54	22
Levered Free Cash Flow	889.25	688.63	692.5	96.63	16	-
Unlevered Free Cash Flow	912.38	705.5	701.25	100.38	18.5	-
Change in Working Capital	160	29	159	-84	65	-75

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