Watanabe Sato 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 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	1,320	1,778	730	2,532	2,730
Depreciation & Amortization	646	662	568	560	570
Loss (Gain) From Sale of Assets	8	45	-21	36	-
Loss (Gain) From Sale of Investments	-	-	-	-	159
Loss (Gain) on Equity Investments	-74	-48	-36	-40	-115
Other Operating Activities	-625	-329	-340	-1,190	-666
Change in Accounts Receivable	-2,730	431	165	1,656	-934
Change in Inventory	-92	-33	34	-10	10
Change in Accounts Payable	-2,101	865	-842	-301	22
Change in Other Net Operating Assets	-316	112	-71	41	282
Operating Cash Flow	-3,964	3,483	187	3,284	2,058
Operating Cash Flow Growth	-	1762.57%	-94.31%	59.57%	-15.38%
Capital Expenditures	-517	-374	-370	-639	-269
Sale of Property, Plant & Equipment	1	10	23	1	-
Cash Acquisitions	-	-	-490	-	-
Sale (Purchase) of Intangibles	-15	-75	-86	-27	-35
Investment in Securities	-100	-	-	-149	-73
Other Investing Activities	3	2	-4	9	-5
Investing Cash Flow	-625	-437	-929	-799	-382
Short-Term Debt Issued	2,800	-	-	-	-
Total Debt Issued	2,800	-	-	-	-
Short-Term Debt Repaid	-	-	-	-	-800
Long-Term Debt Repaid	-40	-48	-48	-73	-148
Total Debt Repaid	-40	-48	-48	-73	-948
Net Debt Issued (Repaid)	2,760	-48	-48	-73	-948
Issuance of Common Stock	-	-	-	901	-
Repurchase of Common Stock	-	-	-	-1,159	-150
Common Dividends Paid	-714	-304	-364	-310	-191
Other Financing Activities	-49	-60	-43	-38	-39
Financing Cash Flow	1,997	-412	-455	-679	-1,328
Miscellaneous Cash Flow Adjustments	-	186	-	-1	-1
Net Cash Flow	-2,592	2,820	-1,197	1,805	347
Free Cash Flow	-4,481	3,109	-183	2,645	1,789
Free Cash Flow Growth	-	-	-	47.85%	-7.16%
Free Cash Flow Margin	-11.09%	8.10%	-0.53%	7.06%	4.48%
Free Cash Flow Per Share	-719.72	505.53	-30.05	454.78	286.51
Cash Interest Paid	16	10	6	10	27
Cash Income Tax Paid	634	346	356	1,185	693
Levered Free Cash Flow	-4,477	2,887	-494.25	2,402	1,523
Unlevered Free Cash Flow	-4,467	2,893	-490.5	2,408	1,541
Change in Working Capital	-5,239	1,375	-714	1,386	-620

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