Hard Off Corporation 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	3,232	2,909	2,426	1,607	733
Depreciation & Amortization	865	669	574	522	492
Loss (Gain) From Sale of Assets	163	78	95	139	369
Loss (Gain) From Sale of Investments	4	1	-2	-98	-117
Loss (Gain) on Equity Investments	-	-	-	-	17
Other Operating Activities	-946	-862	-538	-463	-279
Change in Accounts Receivable	-135	-260	-147	-61	-95
Change in Inventory	-1,171	-1,037	-752	-252	37
Change in Accounts Payable	149	365	128	93	-34
Change in Other Net Operating Assets	-19	6	-18	-3	7
Operating Cash Flow	2,142	1,869	1,766	1,484	1,130
Operating Cash Flow Growth	14.61%	5.83%	19.00%	31.33%	37.47%
Capital Expenditures	-1,216	-884	-635	-307	-201
Cash Acquisitions	-	-	-	-	15
Sale (Purchase) of Intangibles	-269	-248	-227	-213	-258
Investment in Securities	-	-	67	298	135
Other Investing Activities	-351	-66	-25	3	-1
Investing Cash Flow	-1,836	-1,198	-820	-219	-312
Short-Term Debt Issued	830	370	-	-	500
Total Debt Issued	830	370	-	-	500
Short-Term Debt Repaid	-	-	-10	-220	-60
Total Debt Repaid	-	-	-10	-220	-60
Net Debt Issued (Repaid)	830	370	-10	-220	440
Issuance of Common Stock	-	-	24	-	-
Repurchase of Common Stock	-	-	-	-	-187
Common Dividends Paid	-1,056	-833	-555	-485	-540
Other Financing Activities	-108	-124	-173	-194	-193
Financing Cash Flow	-334	-587	-714	-899	-480
Foreign Exchange Rate Adjustments	13	30	73	42	7
Miscellaneous Cash Flow Adjustments	-	-	-	-1	323
Net Cash Flow	-15	114	305	407	668
Free Cash Flow	926	985	1,131	1,177	929
Free Cash Flow Growth	-5.99%	-12.91%	-3.91%	26.70%	35.62%
Free Cash Flow Margin	2.76%	3.27%	4.18%	4.80%	4.37%
Free Cash Flow Per Share	66.64	70.88	81.47	84.80	68.32
Cash Interest Paid	17	9	8	11	12
Cash Income Tax Paid	947	869	528	465	347
Levered Free Cash Flow	214.25	326.88	589	780	-148
Unlevered Free Cash Flow	224.88	332.5	594	786.88	-140.5
Change in Working Capital	-1,176	-926	-789	-223	-85

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