Retail Partners 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	5,138	7,623	6,917	4,623	5,074
Depreciation & Amortization	4,382	4,216	4,134	3,982	4,003
Other Amortization	5	-	-	-	-
Loss (Gain) From Sale of Assets	37	371	877	1,549	1,181
Asset Writedown & Restructuring Costs	665	-	-	-	-
Loss (Gain) From Sale of Investments	-345	-15	-11	20	37
Other Operating Activities	501	-2,420	-1,722	-1,300	-3,401
Change in Accounts Receivable	-350	-327	-748	-148	-377
Change in Inventory	-616	-512	-277	-514	-280
Change in Accounts Payable	459	177	1,345	-311	-63
Change in Other Net Operating Assets	-245	-274	990	294	-1,164
Operating Cash Flow	9,631	8,839	11,505	8,195	5,010
Operating Cash Flow Growth	8.96%	-23.17%	40.39%	63.57%	-59.07%
Capital Expenditures	-5,825	-4,443	-4,219	-6,910	-5,825
Sale of Property, Plant & Equipment	71	-30	-327	3	316
Cash Acquisitions	-950	-	-513	-	-992
Investment in Securities	16	-1,445	-19	-91	-48
Other Investing Activities	31	-16	-51	116	-120
Investing Cash Flow	-6,638	-5,921	-5,121	-6,855	-6,780
Short-Term Debt Issued	-	250	-	-	-
Long-Term Debt Issued	2,050	-	1,000	2,600	1,800
Total Debt Issued	2,050	250	1,000	2,600	1,800
Short-Term Debt Repaid	-50	-	-50	-	-
Long-Term Debt Repaid	-2,307	-2,348	-1,973	-1,729	-1,836
Total Debt Repaid	-2,357	-2,348	-2,023	-1,729	-1,836
Net Debt Issued (Repaid)	-307	-2,098	-1,023	871	-36
Repurchase of Common Stock	-	-	-300	-900	-
Common Dividends Paid	-1,886	-1,286	-989	-964	-921
Other Financing Activities	-1	-306	-371	-401	-435
Financing Cash Flow	-2,194	-3,690	-2,683	-1,394	-1,392
Miscellaneous Cash Flow Adjustments	-	-	-1	-	-
Net Cash Flow	799	-772	3,700	-54	-3,162
Free Cash Flow	3,806	4,396	7,286	1,285	-815
Free Cash Flow Growth	-13.42%	-39.66%	467.00%	-	-
Free Cash Flow Margin	1.41%	1.65%	2.89%	0.55%	-0.34%
Free Cash Flow Per Share	88.66	102.42	169.68	29.41	-18.59
Cash Interest Paid	112	66	61	55	56
Cash Income Tax Paid	2,118	2,402	1,725	1,312	3,420
Levered Free Cash Flow	2,435	2,518	6,619	493.38	-2,098
Unlevered Free Cash Flow	2,502	2,558	6,660	527.75	-2,063
Change in Working Capital	-752	-936	1,310	-679	-1,884

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