Meiho Enterprise Cash Flow Statement

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

Millions JPY. Fiscal year is Aug - Jul.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 31, 2026	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022	Jul '21 Jul 31, 2021
Net Income	3,243	2,759	1,895	986	928	962
Depreciation & Amortization	70	75	63	42	15	12
Loss (Gain) From Sale of Assets	-79	-78	-	-1	-	-
Other Operating Activities	-551	-772	-270	-368	-59	-25
Change in Accounts Receivable	-14	174	-607	-19	-61	-
Change in Inventory	539	373	-5,812	-6,960	-2,597	709
Change in Accounts Payable	194	174	322	241	173	-21
Change in Other Net Operating Assets	-371	189	-146	409	-287	-183
Operating Cash Flow	3,031	2,894	-4,555	-5,670	-1,888	1,454
Operating Cash Flow Growth	-	-	-	-	-	32.30%
Capital Expenditures	-36	-63	-65	-23	-68	-1
Sale of Property, Plant & Equipment	514	510	-	1	-	-
Cash Acquisitions	-	-	-	191	-	-
Investment in Securities	1	-14	-25	-	18	-
Other Investing Activities	-107	-147	66	-6	-7	45
Investing Cash Flow	372	286	474	244	667	144
Short-Term Debt Issued	-	656	296	448	397	-
Long-Term Debt Issued	-	9,562	9,484	8,868	5,026	4,387
Total Debt Issued	11,279	10,218	9,780	9,316	5,423	4,387
Short-Term Debt Repaid	-	-	-	-	-	-1,109
Long-Term Debt Repaid	-	-11,203	-5,784	-4,784	-3,884	-3,651
Total Debt Repaid	-10,792	-11,203	-5,784	-4,784	-3,884	-4,760
Net Debt Issued (Repaid)	487	-985	3,996	4,532	1,539	-373
Issuance of Common Stock	470	-	3	1,021	-	-
Common Dividends Paid	-351	-351	-402	-188	-188	-118
Other Financing Activities	-10	-8	-2	-2	-14	-3
Financing Cash Flow	596	-1,344	3,595	5,363	1,337	-494
Miscellaneous Cash Flow Adjustments	2	-	2	1	1	1
Net Cash Flow	4,001	1,836	-484	-62	117	1,105
Free Cash Flow	2,995	2,831	-4,620	-5,693	-1,956	1,453
Free Cash Flow Growth	-	-	-	-	-	32.33%
Free Cash Flow Margin	9.10%	9.50%	-22.47%	-37.34%	-17.53%	14.27%
Free Cash Flow Per Share	100.18	95.99	-156.65	-211.77	-82.83	61.53
Cash Interest Paid	589	545	369	273	169	118
Cash Income Tax Paid	848	821	337	415	47	31
Levered Free Cash Flow	2,783	2,932	-3,726	-5,353	-1,213	1,185
Unlevered Free Cash Flow	3,175	3,278	-3,491	-5,184	-1,114	1,263
Change in Working Capital	348	910	-6,243	-6,329	-2,772	505

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