AB&Company Cash Flow Statement

Financials in millions JPY. Fiscal year is November - October.

Millions JPY. Fiscal year is Nov - Oct.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Net Income	1,489	1,581	1,681	1,284	1,414
Depreciation & Amortization	2,330	2,205	2,009	1,567	1,291
Loss (Gain) From Sale of Assets	6	-60	50	8	10
Loss (Gain) on Equity Investments	-	-	-	-2	-1
Other Operating Activities	-585	-697	-480	-521	-448
Change in Accounts Receivable	-6	-147	-179	-154	-110
Change in Inventory	-137	-44	-60	-12	16
Change in Accounts Payable	-113	175	56	186	-48
Change in Other Net Operating Assets	-105	398	-363	-78	74
Operating Cash Flow	2,879	3,411	2,714	2,278	2,198
Operating Cash Flow Growth	-15.60%	25.68%	19.14%	3.64%	-
Capital Expenditures	-407	-663	-530	-296	-324
Sale of Property, Plant & Equipment	95	100	42	40	12
Cash Acquisitions	-929	-	-	-333	-
Sale (Purchase) of Intangibles	5	-67	-23	-68	-44
Other Investing Activities	-8	-70	-126	-36	-70
Investing Cash Flow	-1,244	-700	-637	-693	-426
Short-Term Debt Issued	-	-	103	200	-
Long-Term Debt Issued	2,430	1,958	1,000	884	-
Total Debt Issued	2,430	1,958	1,103	1,084	-
Short-Term Debt Repaid	-	-103	-	-	-
Long-Term Debt Repaid	-1,881	-1,688	-870	-1,145	-637
Total Debt Repaid	-1,881	-1,791	-870	-1,145	-637
Net Debt Issued (Repaid)	549	167	233	-61	-637
Issuance of Common Stock	30	8	47	121	-
Repurchase of Common Stock	-	-884	-111	-	-
Common Dividends Paid	-397	-422	-421	-	-
Other Financing Activities	-1,796	-1,663	-1,445	-1,106	-958
Financing Cash Flow	-1,614	-2,794	-1,697	-1,046	-1,595
Foreign Exchange Rate Adjustments	1	-1	4	8	-
Miscellaneous Cash Flow Adjustments	-1	-	-	-	-1
Net Cash Flow	21	-84	384	547	176
Free Cash Flow	2,472	2,748	2,184	1,982	1,874
Free Cash Flow Growth	-10.04%	25.82%	10.19%	5.76%	-
Free Cash Flow Margin	12.76%	15.11%	13.01%	15.74%	17.18%
Free Cash Flow Per Share	173.24	192.21	144.07	131.41	124.31
Cash Interest Paid	157	132	102	85	87
Cash Income Tax Paid	572	725	502	519	462
Levered Free Cash Flow	2,702	2,579	2,250	2,170	1,757
Unlevered Free Cash Flow	2,818	2,675	2,325	2,230	1,821
Change in Working Capital	-361	382	-546	-58	-68

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