Choei 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	2,994	1,876	2,003	2,372	-
Depreciation & Amortization	1,580	1,413	1,314	1,223	-
Loss (Gain) From Sale of Assets	-1,536	-371	-	-760	-
Other Operating Activities	-791	-274	-1,140	-509	-
Change in Accounts Receivable	6	-15	26	-58	-
Change in Inventory	8	8	-9	18	-
Change in Accounts Payable	-468	503	-	66	-
Change in Other Net Operating Assets	90	78	-179	1,348	-
Operating Cash Flow	1,883	3,218	2,015	3,700	-
Operating Cash Flow Growth	-41.48%	59.70%	-45.54%	-	-
Capital Expenditures	-6,965	-5,127	-5,641	-1,602	-
Sale of Property, Plant & Equipment	2,664	3,097	2	2,345	-
Sale (Purchase) of Intangibles	-2	-1	-20	-10	-
Investment in Securities	-4	-4	-4	-8	-
Other Investing Activities	67	19	6	-69	-
Investing Cash Flow	-4,240	-2,016	-5,657	656	-
Long-Term Debt Issued	10,269	6,225	5,129	1,465	-
Long-Term Debt Repaid	-5,692	-4,192	-1,782	-5,308	-
Net Debt Issued (Repaid)	4,577	2,033	3,347	-3,843	-
Issuance of Common Stock	31	88	146	1,291	-
Repurchase of Common Stock	-	-208	-350	-	-
Common Dividends Paid	-467	-437	-468	-335	-
Other Financing Activities	-36	-16	-17	-16	-
Financing Cash Flow	4,105	1,460	2,658	-2,903	-
Miscellaneous Cash Flow Adjustments	1	1	1	-	-
Net Cash Flow	1,749	2,663	-983	1,453	-
Free Cash Flow	-5,082	-1,909	-3,626	2,098	-
Free Cash Flow Margin	-50.73%	-20.38%	-39.58%	24.75%	-
Free Cash Flow Per Share	-1145.16	-431.74	-809.68	531.96	-
Cash Interest Paid	638	486	510	525	-
Cash Income Tax Paid	746	307	1,139	511	-
Levered Free Cash Flow	-4,991	-1,774	-4,048	1,193	-
Unlevered Free Cash Flow	-4,619	-1,450	-3,729	1,521	-
Change in Working Capital	-364	574	-162	1,374	-

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