TYO:1850 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	2,388	1,625	2,138	1,259	1,095
Depreciation & Amortization	108	89	120	134	139
Loss (Gain) From Sale of Assets	-	-	-313	-	252
Loss (Gain) From Sale of Investments	-12	-4	-	-	-
Other Operating Activities	-250	-425	133	-2,468	2,511
Change in Accounts Receivable	-14,702	2,569	-765	4,812	-4,846
Change in Inventory	-30	1,103	228	-271	-36
Change in Accounts Payable	5,704	-3,077	572	-3,022	2,905
Change in Other Net Operating Assets	661	-358	-289	1,156	261
Operating Cash Flow	-6,133	1,522	1,824	1,600	2,281
Operating Cash Flow Growth	-	-16.56%	14.00%	-29.85%	-
Capital Expenditures	-152	-16	-21	-34	-21
Sale of Property, Plant & Equipment	-	-	770	-	29
Divestitures	-	-	3	-	-
Sale (Purchase) of Intangibles	-24	-	-	-	-
Investment in Securities	-	-483	-	-	-
Other Investing Activities	39	-8	-41	1	-34
Investing Cash Flow	-137	-507	711	-33	-26
Short-Term Debt Issued	4,200	-	250	-	-
Long-Term Debt Issued	100	-	-	300	50
Total Debt Issued	4,300	-	250	300	50
Short-Term Debt Repaid	-	-2,200	-	-430	-920
Long-Term Debt Repaid	-248	-284	-284	-416	-633
Total Debt Repaid	-248	-2,484	-284	-846	-1,553
Net Debt Issued (Repaid)	4,052	-2,484	-34	-546	-1,503
Common Dividends Paid	-115	-86	-86	-	-
Other Financing Activities	-4	-4	-5	-5	-8
Financing Cash Flow	3,933	-2,574	-125	-551	-1,511
Miscellaneous Cash Flow Adjustments	-	-1	-	-2	-1
Net Cash Flow	-2,337	-1,560	2,410	1,014	743
Free Cash Flow	-6,285	1,506	1,803	1,566	2,260
Free Cash Flow Growth	-	-16.47%	15.13%	-30.71%	-
Free Cash Flow Margin	-11.87%	3.45%	4.25%	4.21%	5.04%
Free Cash Flow Per Share	-218.02	52.24	62.54	54.32	78.40
Cash Interest Paid	24	10	20	21	31
Cash Income Tax Paid	280	427	-135	466	-317
Levered Free Cash Flow	-6,524	1,230	-699.75	1,495	42.38
Unlevered Free Cash Flow	-6,512	1,236	-687.25	1,508	61.75
Change in Working Capital	-8,367	237	-254	2,675	-1,716

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.