Shobunsha Holdings 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	650	2,002	61	-1,532	-2,189
Depreciation & Amortization	144	152	156	196	269
Loss (Gain) From Sale of Assets	53	-1,523	-51	83	625
Loss (Gain) From Sale of Investments	-	46	225	31	13
Loss (Gain) on Equity Investments	-5	-6	-4	16	42
Other Operating Activities	-398	-	41	-129	-6
Change in Accounts Receivable	347	-567	-254	240	708
Change in Inventory	5	-285	38	259	794
Change in Accounts Payable	-458	354	180	-115	-109
Change in Other Net Operating Assets	362	-837	103	466	-108
Operating Cash Flow	700	-664	495	-485	39
Capital Expenditures	-239	-27	-23	-79	-245
Sale of Property, Plant & Equipment	-	2,425	439	277	95
Divestitures	-	-	-	96	-
Sale (Purchase) of Intangibles	-132	-107	-157	-91	-250
Investment in Securities	71	-99	-3	-302	-10
Other Investing Activities	20	5	19	13	23
Investing Cash Flow	-279	2,194	275	-82	-386
Short-Term Debt Repaid	-130	-	-	-	-
Total Debt Repaid	-130	-	-	-	-
Net Debt Issued (Repaid)	-130	-	-	-	-
Common Dividends Paid	-90	-	-	-1	-
Financing Cash Flow	-220	-	-	-1	-
Foreign Exchange Rate Adjustments	-17	6	-	-16	6
Miscellaneous Cash Flow Adjustments	-1	-	-	-74	-
Net Cash Flow	183	1,536	770	-658	-341
Free Cash Flow	461	-691	472	-564	-206
Free Cash Flow Margin	7.37%	-10.78%	8.50%	-12.21%	-3.26%
Free Cash Flow Per Share	25.36	-38.02	25.97	-31.03	-11.33
Cash Interest Paid	10	11	11	12	11
Cash Income Tax Paid	402	4	-33	186	52
Levered Free Cash Flow	-204.13	-290.13	145.25	853.13	170.88
Unlevered Free Cash Flow	-197.88	-283.25	152.13	860.63	177.75
Change in Working Capital	256	-1,335	67	850	1,285

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