Tay Two Cash Flow Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Net Income	1,376	759	1,111	1,584	1,193
Depreciation & Amortization	465	421	379	264	232
Loss (Gain) From Sale of Assets	138	157	309	14	118
Loss (Gain) From Sale of Investments	-87	-	-	-	-
Loss (Gain) on Equity Investments	21	7	-63	-21	-3
Other Operating Activities	-104	-463	-359	-110	-443
Change in Accounts Receivable	-79	-66	-127	-142	-184
Change in Inventory	35	87	-1,044	-832	-240
Change in Accounts Payable	43	470	82	161	-15
Change in Other Net Operating Assets	128	90	-78	258	-120
Operating Cash Flow	1,936	1,462	210	1,176	538
Operating Cash Flow Growth	32.42%	596.19%	-82.14%	118.59%	-55.83%
Capital Expenditures	-785	-995	-445	-290	-318
Cash Acquisitions	-	-320	-	-	-
Sale (Purchase) of Intangibles	-66	-46	-109	-240	-265
Investment in Securities	269	-1	-1	-1	-1
Other Investing Activities	-111	-74	-44	-31	-61
Investing Cash Flow	-693	-1,436	-595	-562	-645
Short-Term Debt Issued	-	700	400	900	-
Long-Term Debt Issued	-	500	1,200	600	660
Total Debt Issued	-	1,200	1,600	1,500	660
Short-Term Debt Repaid	-500	-	-	-	-
Long-Term Debt Repaid	-355	-971	-398	-1,063	-673
Total Debt Repaid	-855	-971	-398	-1,063	-673
Net Debt Issued (Repaid)	-855	229	1,202	437	-13
Issuance of Common Stock	43	45	42	32	13
Repurchase of Common Stock	-	-	-268	-268	-159
Common Dividends Paid	-254	-255	-191	-67	-
Other Financing Activities	-8	-4	-7	-24	-38
Financing Cash Flow	-1,074	15	778	110	-197
Miscellaneous Cash Flow Adjustments	-1	1	-	-	-1
Net Cash Flow	168	42	393	724	-305
Free Cash Flow	1,151	467	-235	886	220
Free Cash Flow Growth	146.47%	-	-	302.73%	-79.98%
Free Cash Flow Margin	2.73%	1.28%	-0.67%	2.83%	0.82%
Free Cash Flow Per Share	18.10	7.39	-3.66	13.73	3.27
Cash Interest Paid	44	29	20	22	22
Cash Income Tax Paid	162	462	356	108	439
Levered Free Cash Flow	1,075	226.5	-545.75	205.38	-442.63
Unlevered Free Cash Flow	1,102	244	-533.25	219.13	-429.5
Change in Working Capital	127	581	-1,167	-555	-559

Updated Feb 28, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.