CEDAR.Co.,Ltd. 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	570	601	400	-293	-338	464
Depreciation & Amortization	752	728	738	798	730	659
Loss (Gain) From Sale of Assets	-70	-70	246	194	286	210
Other Operating Activities	-76	-439	16	219	-161	-105
Change in Accounts Receivable	-36	-34	-123	-202	-2	-17
Change in Accounts Payable	21	17	-3	10	30	19
Change in Other Net Operating Assets	9	-26	200	71	-32	-93
Operating Cash Flow	1,170	777	1,474	797	513	1,137
Operating Cash Flow Growth	20.74%	-47.29%	84.94%	55.36%	-54.88%	51.80%
Capital Expenditures	-634	-482	-470	-395	-1,448	-1,940
Sale of Property, Plant & Equipment	93	95	-	-	-	-
Sale (Purchase) of Intangibles	-16	-20	-9	-8	-49	-73
Other Investing Activities	-4	265	33	45	27	-51
Investing Cash Flow	-561	-142	-446	-358	-1,470	-2,064
Short-Term Debt Issued	-	2,400	2,000	2,809	4,574	3,654
Long-Term Debt Issued	-	-	738	1,800	1,600	730
Total Debt Issued	2,710	2,400	2,738	4,609	6,174	4,384
Short-Term Debt Repaid	-	-2,070	-2,117	-3,820	-4,165	-2,530
Long-Term Debt Repaid	-	-864	-835	-791	-749	-737
Total Debt Repaid	-2,908	-2,934	-2,952	-4,611	-4,914	-3,267
Net Debt Issued (Repaid)	-198	-534	-214	-2	1,260	1,117
Repurchase of Common Stock	-	-	-	-	-59	-
Common Dividends Paid	-114	-45	-	-	-68	-45
Other Financing Activities	-223	-212	-204	-205	-205	-191
Financing Cash Flow	-535	-791	-418	-207	928	881
Miscellaneous Cash Flow Adjustments	-2	-	-1	-1	1	1
Net Cash Flow	72	-156	609	231	-28	-45
Free Cash Flow	536	295	1,004	402	-935	-803
Free Cash Flow Growth	13.08%	-70.62%	149.75%	-	-	-
Free Cash Flow Margin	2.99%	1.65%	5.80%	2.44%	-5.94%	-5.14%
Free Cash Flow Per Share	47.77	26.29	89.47	35.83	-82.90	-69.98
Cash Interest Paid	336	329	315	326	334	338
Cash Income Tax Paid	187	242	24	-54	222	228
Levered Free Cash Flow	305.25	295.75	695.13	336.88	-954.88	-1,133
Unlevered Free Cash Flow	514.63	500.13	892	540.63	-746.13	-922.75
Change in Working Capital	-6	-43	74	-121	-4	-91

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