Hachi-Ban 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 20, 2025	Mar '24 Mar 20, 2024	Mar '23 Mar 20, 2023	Mar '22 Mar 20, 2022	Mar '21 Mar 20, 2021
Net Income	437	206	137	-159	-770
Depreciation & Amortization	221	194	214	215	258
Loss (Gain) From Sale of Assets	30	68	57	89	238
Loss (Gain) From Sale of Investments	-	59	20	-	-
Loss (Gain) on Equity Investments	-49	-27	-10	-7	-5
Other Operating Activities	-96	-31	60	176	9
Change in Accounts Receivable	-49	30	-165	-20	22
Change in Inventory	-27	3	-18	-	-40
Change in Accounts Payable	-4	17	91	27	-102
Change in Other Net Operating Assets	-45	-20	-1	-177	-145
Operating Cash Flow	418	499	385	144	-535
Operating Cash Flow Growth	-16.23%	29.61%	167.36%	-	-
Capital Expenditures	-663	-234	-220	-47	-189
Sale of Property, Plant & Equipment	13	6	-	56	41
Cash Acquisitions	-	-	-9	-	-
Sale (Purchase) of Intangibles	-179	-41	-12	-26	-15
Other Investing Activities	126	-13	-21	50	4
Investing Cash Flow	-703	-282	-240	39	-152
Short-Term Debt Issued	-	-	-	-	500
Long-Term Debt Issued	-	700	-	-	500
Total Debt Issued	-	700	-	-	1,000
Short-Term Debt Repaid	-	-	-500	-	-
Long-Term Debt Repaid	-250	-111	-110	-110	-6
Total Debt Repaid	-250	-111	-610	-110	-6
Net Debt Issued (Repaid)	-250	589	-610	-110	994
Issuance of Common Stock	158	-	-	42	-
Repurchase of Common Stock	-158	-	-	-43	-
Common Dividends Paid	-59	-59	-59	-59	-59
Other Financing Activities	-8	-4	-	-	-
Financing Cash Flow	-317	526	-669	-170	935
Foreign Exchange Rate Adjustments	34	16	21	1	-2
Miscellaneous Cash Flow Adjustments	-	-	-	1	-2
Net Cash Flow	-568	759	-503	15	244
Free Cash Flow	-245	265	165	97	-724
Free Cash Flow Growth	-	60.61%	70.10%	-	-
Free Cash Flow Margin	-2.98%	3.48%	2.32%	1.64%	-12.49%
Free Cash Flow Per Share	-83.49	90.55	56.40	33.19	-247.86
Cash Interest Paid	5	1	2	4	2
Cash Income Tax Paid	95	34	3	-14	46
Levered Free Cash Flow	-750.13	430.25	54.75	-34.88	-646.25
Unlevered Free Cash Flow	-747	430.88	56	-32.38	-644.38
Change in Working Capital	-125	30	-93	-170	-265

Updated Dec 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.