Kabuki-Za Cash Flow Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Net Income	380	246	350	6	-82
Depreciation & Amortization	434	434	440	455	456
Loss (Gain) From Sale of Assets	25	8	-125	-7	-15
Other Operating Activities	-4	-87	-97	-49	23
Change in Accounts Receivable	-16	3	-15	-21	-3
Change in Inventory	-1	1	-5	3	2
Change in Accounts Payable	74	-22	38	54	36
Change in Other Net Operating Assets	-187	-368	-278	-282	-317
Operating Cash Flow	705	215	308	159	100
Operating Cash Flow Growth	227.91%	-30.20%	93.71%	59.00%	-
Capital Expenditures	-89	-30	-8	-23	-28
Sale of Property, Plant & Equipment	-5	-3	177	24	49
Sale (Purchase) of Intangibles	-	-7	-5	-5	-4
Other Investing Activities	-	-	-1	-	-
Investing Cash Flow	-106	-40	163	-4	17
Issuance of Common Stock	-	-	-	-	84
Common Dividends Paid	-59	-59	-59	-59	-59
Other Financing Activities	-4	-	-1	-1	-1
Financing Cash Flow	-63	-59	-60	-60	24
Miscellaneous Cash Flow Adjustments	-1	-	-	-1	1
Net Cash Flow	535	116	411	94	142
Free Cash Flow	616	185	300	136	72
Free Cash Flow Growth	232.97%	-38.33%	120.59%	88.89%	-
Free Cash Flow Margin	16.96%	5.96%	9.83%	5.04%	2.92%
Free Cash Flow Per Share	50.83	15.26	24.75	11.22	5.94
Cash Income Tax Paid	3	87	96	62	-15
Levered Free Cash Flow	786.88	455.25	576.88	471.75	415.13
Unlevered Free Cash Flow	786.88	455.25	576.88	471.75	415.13
Change in Working Capital	-130	-386	-260	-246	-282

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