Higashimaru 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	366	149	37	36	204	550
Depreciation & Amortization	461	468	481	462	425	502
Loss (Gain) From Sale of Assets	124	124	17	117	155	195
Loss (Gain) From Sale of Investments	-199	11	-	-	-	-
Other Operating Activities	-160	-199	-84	-115	-264	-178
Change in Accounts Receivable	178	109	-370	-102	71	95
Change in Inventory	181	116	-85	-619	-415	342
Change in Accounts Payable	187	-217	60	-12	110	71
Change in Other Net Operating Assets	-68	-59	390	-166	-235	-712
Operating Cash Flow	1,070	502	446	-399	51	865
Operating Cash Flow Growth	-	12.56%	-	-	-94.10%	633.05%
Capital Expenditures	-552	-410	-282	-1,304	-785	-308
Sale of Property, Plant & Equipment	-	-	-	1	-	-
Sale (Purchase) of Intangibles	-14	-10	-16	-3	-3	-10
Investment in Securities	42	40	-25	-5	5	28
Other Investing Activities	30	24	79	67	1	100
Investing Cash Flow	49	-356	-244	-1,244	-782	-190
Short-Term Debt Issued	-	105	-	-	485	250
Long-Term Debt Issued	-	600	1,260	2,000	480	559
Total Debt Issued	90	705	1,260	2,000	965	809
Short-Term Debt Repaid	-	-	-110	-115	-	-
Long-Term Debt Repaid	-	-545	-1,068	-768	-840	-848
Total Debt Repaid	-1,077	-545	-1,178	-883	-840	-848
Net Debt Issued (Repaid)	-987	160	82	1,117	125	-39
Common Dividends Paid	-47	-35	-35	-35	-35	-34
Other Financing Activities	-103	-101	-98	-54	-12	-19
Financing Cash Flow	-1,137	24	-51	1,028	78	-92
Foreign Exchange Rate Adjustments	-	-	3	45	37	12
Miscellaneous Cash Flow Adjustments	2	-1	-	-	2	-1
Net Cash Flow	-16	169	154	-570	-614	594
Free Cash Flow	518	92	164	-1,703	-734	557
Free Cash Flow Growth	-	-43.90%	-	-	-	-
Free Cash Flow Margin	3.84%	0.65%	1.26%	-14.53%	-6.50%	4.56%
Free Cash Flow Per Share	130.92	23.28	41.59	-433.33	-187.68	143.15
Cash Interest Paid	61	57	38	26	13	17
Cash Income Tax Paid	158	194	87	114	264	182
Levered Free Cash Flow	1,003	99.75	258.13	-1,732	-770.75	744.13
Unlevered Free Cash Flow	1,041	132.88	282.5	-1,716	-762.63	755.38
Change in Working Capital	478	-51	-5	-899	-469	-204

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