JB Eleven Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	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	28	81	104	-278	609	-388
Depreciation & Amortization	319	290	277	250	232	236
Loss (Gain) From Sale of Assets	106	111	35	107	158	324
Other Operating Activities	1	-50	93	-359	-9	-1
Change in Accounts Receivable	-32	-40	-27	-3	-37	-49
Change in Inventory	-	-9	32	-	-16	8
Change in Accounts Payable	-205	-193	82	98	100	-1
Change in Other Net Operating Assets	123	-90	116	307	-44	-170
Operating Cash Flow	340	100	712	122	993	-41
Operating Cash Flow Growth	19.30%	-85.95%	483.61%	-87.71%	-	-
Capital Expenditures	-511	-393	-443	-379	-383	-133
Sale of Property, Plant & Equipment	3	3	-	-	-	-
Cash Acquisitions	-352	-	-	-	-	-
Sale (Purchase) of Intangibles	-7	-5	-	-9	-5	-3
Other Investing Activities	8	-14	-18	-30	-13	-31
Investing Cash Flow	-859	-409	-461	-418	-401	-166
Long-Term Debt Issued	-	100	450	400	620	1,990
Total Debt Issued	400	100	450	400	620	1,990
Long-Term Debt Repaid	-	-645	-755	-779	-1,000	-1,021
Total Debt Repaid	-558	-645	-755	-779	-1,000	-1,021
Net Debt Issued (Repaid)	-158	-545	-305	-379	-380	969
Issuance of Common Stock	236	724	154	125	169	33
Common Dividends Paid	-22	-20	-	-	-	-
Other Financing Activities	-3	-7	-15	-5	-16	-18
Financing Cash Flow	3	152	-166	-259	-227	984
Miscellaneous Cash Flow Adjustments	2	1	-1	-	-1	-1
Net Cash Flow	-514	-156	84	-555	364	776
Free Cash Flow	-171	-293	269	-257	610	-174
Free Cash Flow Margin	-2.03%	-3.68%	3.52%	-3.61%	10.00%	-2.91%
Free Cash Flow Per Share	-18.27	-33.18	33.44	-32.69	79.92	-23.41
Cash Interest Paid	29	23	16	18	21	18
Cash Income Tax Paid	2	51	-90	358	8	3
Levered Free Cash Flow	-278	-366.38	118.5	-153.88	-78.63	-215.5
Unlevered Free Cash Flow	-259.88	-352	128.5	-142.63	-65.5	-203
Change in Working Capital	-114	-332	203	402	3	-212

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.