Grandy House Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	765	869	3,187	3,811	2,668
Depreciation & Amortization	444	440	431	420	421
Loss (Gain) From Sale of Assets	52	7	-81	-2	143
Other Operating Activities	-47	-728	-1,633	-815	-941
Change in Accounts Receivable	27	82	127	-201	115
Change in Inventory	6,464	-2,550	-11,062	-4,461	562
Change in Accounts Payable	48	-501	-201	614	5
Change in Other Net Operating Assets	884	158	387	190	508
Operating Cash Flow	8,637	-2,223	-8,845	-444	3,481
Capital Expenditures	-299	-562	-1,657	-709	-365
Sale of Property, Plant & Equipment	3	116	243	109	7
Sale (Purchase) of Intangibles	-6	-13	-33	-9	-32
Investment in Securities	-	-	-	200	-
Other Investing Activities	-14	-3	-46	-76	-41
Investing Cash Flow	-316	-463	-1,488	-481	-410
Short-Term Debt Issued	-	1,777	2,179	-	-
Long-Term Debt Issued	6,907	10,552	15,413	10,623	3,019
Total Debt Issued	6,907	12,329	17,592	10,623	3,019
Short-Term Debt Repaid	-3,865	-	-	-7,613	-1,522
Long-Term Debt Repaid	-9,897	-8,618	-6,764	-3,232	-916
Total Debt Repaid	-13,762	-8,618	-6,764	-10,845	-2,438
Net Debt Issued (Repaid)	-6,855	3,711	10,828	-222	581
Issuance of Common Stock	159	251	183	321	65
Repurchase of Common Stock	-	-914	-	-700	-
Common Dividends Paid	-930	-971	-901	-701	-668
Other Financing Activities	-31	-36	-35	-37	-36
Financing Cash Flow	-7,657	2,041	10,075	-1,339	-58
Miscellaneous Cash Flow Adjustments	-1	-1	-	-1	-1
Net Cash Flow	663	-646	-258	-2,265	3,012
Free Cash Flow	8,338	-2,785	-10,502	-1,153	3,116
Free Cash Flow Margin	15.45%	-5.41%	-19.02%	-2.10%	6.63%
Free Cash Flow Per Share	291.71	-96.79	-358.31	-39.09	106.80
Cash Interest Paid	394	347	272	237	281
Cash Income Tax Paid	34	753	1,631	819	945
Levered Free Cash Flow	8,642	-2,918	-10,971	-1,324	2,187
Unlevered Free Cash Flow	8,907	-2,689	-10,802	-1,176	2,363
Change in Working Capital	7,423	-2,811	-10,749	-3,858	1,190

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.