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 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	3,522	3,232	2,909	2,426	1,607
Depreciation & Amortization	1,115	865	669	574	522
Loss (Gain) From Sale of Assets	142	163	78	95	139
Loss (Gain) From Sale of Investments	-	4	1	-2	-98
Other Operating Activities	-1,076	-946	-862	-538	-463
Change in Accounts Receivable	-147	-135	-260	-147	-61
Change in Inventory	-1,043	-1,171	-1,037	-752	-252
Change in Accounts Payable	217	149	365	128	93
Change in Other Net Operating Assets	-265	-19	6	-18	-3
Operating Cash Flow	2,465	2,142	1,869	1,766	1,484
Operating Cash Flow Growth	15.08%	14.61%	5.83%	19.00%	31.33%
Capital Expenditures	-1,274	-1,216	-884	-635	-307
Cash Acquisitions	-1,112	-	-	-	-
Sale (Purchase) of Intangibles	-233	-269	-248	-227	-213
Investment in Securities	-	-	-	67	298
Other Investing Activities	-91	-351	-66	-25	3
Investing Cash Flow	-2,710	-1,836	-1,198	-820	-219
Short-Term Debt Issued	1,890	830	370	-	-
Total Debt Issued	1,890	830	370	-	-
Short-Term Debt Repaid	-	-	-	-10	-220
Long-Term Debt Repaid	-158	-	-	-	-
Total Debt Repaid	-158	-	-	-10	-220
Net Debt Issued (Repaid)	1,732	830	370	-10	-220
Issuance of Common Stock	-	-	-	24	-
Common Dividends Paid	-1,084	-1,056	-833	-555	-485
Other Financing Activities	-127	-108	-124	-173	-194
Financing Cash Flow	521	-334	-587	-714	-899
Foreign Exchange Rate Adjustments	22	13	30	73	42
Miscellaneous Cash Flow Adjustments	-	-	-	-	-1
Net Cash Flow	298	-15	114	305	407
Free Cash Flow	1,191	926	985	1,131	1,177
Free Cash Flow Growth	28.62%	-5.99%	-12.91%	-3.91%	26.70%
Free Cash Flow Margin	3.03%	2.76%	3.27%	4.18%	4.80%
Free Cash Flow Per Share	85.66	66.64	70.88	81.47	84.80
Cash Interest Paid	63	17	9	8	11
Cash Income Tax Paid	1,074	947	869	528	465
Levered Free Cash Flow	-612.5	214.25	326.88	589	780
Unlevered Free Cash Flow	-573.13	224.88	332.5	594	786.88
Change in Working Capital	-1,238	-1,176	-926	-789	-223

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