Coach A Cash Flow Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	174	194	234	509	-
Depreciation & Amortization	84	90	100	92	-
Loss (Gain) From Sale of Assets	2	5	171	5	-
Loss (Gain) From Sale of Investments	-	-	-116	-	-
Other Operating Activities	-102	-14	-213	-67	-
Change in Accounts Receivable	82	-39	-23	17	-
Change in Inventory	7	33	-40	-	-
Change in Accounts Payable	-18	-6	-2	-44	-
Change in Other Net Operating Assets	57	-131	-48	-42	-
Operating Cash Flow	286	132	63	470	-
Operating Cash Flow Growth	116.67%	109.52%	-86.60%	-	-
Capital Expenditures	-2	-31	-3	-5	-
Sale (Purchase) of Intangibles	-203	-166	-159	-51	-
Investment in Securities	-	-	127	-	-
Other Investing Activities	2	-9	-26	1	-
Investing Cash Flow	-203	-206	-61	-55	-
Issuance of Common Stock	-	-	185	761	-
Common Dividends Paid	-46	-46	-43	-26	-
Other Financing Activities	-	-	-20	-27	-
Financing Cash Flow	-46	-46	122	708	-
Foreign Exchange Rate Adjustments	28	75	18	-9	-
Miscellaneous Cash Flow Adjustments	-1	-	-	-	-
Net Cash Flow	64	-45	142	1,114	-
Free Cash Flow	284	101	60	465	-
Free Cash Flow Growth	181.19%	68.33%	-87.10%	-	-
Free Cash Flow Margin	8.11%	2.77%	1.65%	12.92%	-
Free Cash Flow Per Share	120.51	43.27	26.00	264.81	-
Cash Income Tax Paid	103	13	212	65	-
Levered Free Cash Flow	100.88	-83.13	-162.75	366.63	-
Unlevered Free Cash Flow	100.88	-83.13	-162.75	366.63	-
Change in Working Capital	128	-143	-113	-69	-

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