Three F Cash Flow Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,041	914	68	225	215
Depreciation & Amortization	8	22	60	64	59
Loss (Gain) From Sale of Assets	-	-	89	25	-
Other Operating Activities	-436	-148	-102	-4	-9
Change in Inventory	6	9	-7	1	-
Change in Accounts Payable	-26	50	-11	-40	-118
Change in Other Net Operating Assets	-74	-29	-59	60	-106
Operating Cash Flow	519	818	38	331	41
Operating Cash Flow Growth	-36.55%	2052.63%	-88.52%	707.32%	-91.55%
Capital Expenditures	-46	-	-	-8	-59
Other Investing Activities	6	35	11	30	10
Investing Cash Flow	-40	35	11	22	-49
Common Dividends Paid	-75	-76	-74	-75	-60
Other Financing Activities	-322	-109	-409	-194	-187
Financing Cash Flow	-397	-185	-483	-269	-247
Miscellaneous Cash Flow Adjustments	-1	-	1	-	1
Net Cash Flow	81	668	-433	84	-254
Free Cash Flow	473	818	38	323	-18
Free Cash Flow Growth	-42.18%	2052.63%	-88.23%	-	-
Free Cash Flow Margin	3.40%	5.90%	0.29%	2.63%	-0.14%
Free Cash Flow Per Share	62.45	108.00	5.02	42.65	-2.38
Cash Income Tax Paid	512	148	99	5	4
Levered Free Cash Flow	443.38	851.75	106.63	262.38	-116.5
Unlevered Free Cash Flow	443.38	851.75	106.63	262.38	-116.5
Change in Working Capital	-94	30	-77	21	-224

Updated Nov 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.