Arclands Cash Flow Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Net Income	16,201	15,646	16,942	25,737
Depreciation & Amortization	12,539	12,287	12,377	12,534
Loss (Gain) From Sale of Assets	1,478	-937	1,306	-6,419
Loss (Gain) From Sale of Investments	-2,442	-	-	-
Loss (Gain) on Equity Investments	-200	-186	-205	-218.77
Other Operating Activities	-7,700	-6,314	-6,057	-5,932
Change in Accounts Receivable	-654	1	-870	1,017
Change in Inventory	91	1,085	-3,408	3,046
Change in Accounts Payable	11,263	-3,720	-3,767	-329.54
Change in Other Net Operating Assets	435	-1,068	4,179	-3,626
Operating Cash Flow	31,011	16,794	20,497	25,809
Operating Cash Flow Growth	84.66%	-18.07%	-20.58%	295.54%
Capital Expenditures	-16,030	-14,626	-18,539	-36,318
Sale of Property, Plant & Equipment	15,669	8,146	4,989	18,998
Cash Acquisitions	574	-	-	-
Sale (Purchase) of Intangibles	-1,495	-1,319	-620	-2,250
Investment in Securities	7,432	-5	-2	285.23
Other Investing Activities	-1,057	853	628	1,491
Investing Cash Flow	5,093	-6,951	-13,122	-18,050
Long-Term Debt Issued	30,000	58,250	33,000	-
Total Debt Issued	30,000	58,250	33,000	72,923
Short-Term Debt Repaid	-5,200	-6,100	-16,000	-
Long-Term Debt Repaid	-56,931	-52,801	-27,000	-
Total Debt Repaid	-62,131	-58,901	-43,000	-72,596
Net Debt Issued (Repaid)	-32,131	-651	-10,000	326.77
Issuance of Common Stock	-	2	-	-
Repurchase of Common Stock	-18	-2,619	-	-
Common Dividends Paid	-2,492	-1,622	-1,622	-1,310
Other Financing Activities	-1,749	-10,476	-2,333	-2,414
Financing Cash Flow	-36,390	-15,366	-13,955	-3,397
Foreign Exchange Rate Adjustments	17	18	44	20.31
Miscellaneous Cash Flow Adjustments	1	1	1	-
Net Cash Flow	-268	-5,504	-6,535	4,383
Free Cash Flow	14,981	2,168	1,958	-10,509
Free Cash Flow Growth	591.01%	10.72%	-	-
Free Cash Flow Margin	4.53%	0.67%	0.60%	-3.07%
Free Cash Flow Per Share	240.47	42.09	48.28	-259.12
Cash Interest Paid	1,195	1,038	1,027	1,181
Cash Income Tax Paid	7,649	6,323	6,892	8,365
Levered Free Cash Flow	15,056	4,011	-5,344	-12,740
Unlevered Free Cash Flow	15,780	4,679	-4,606	-11,937
Change in Working Capital	11,135	-3,702	-3,866	108

Updated Feb 28, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.