AZEARTH Cash Flow Statement

Financials in millions JPY. Fiscal year is May - April.

Millions JPY. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Net Income	209	276	308	569	416	868
Depreciation & Amortization	118	98	96	108	99	54
Loss (Gain) From Sale of Assets	-	-	-	241	-	-
Loss (Gain) From Sale of Investments	-	-20	-	-	-	-
Loss (Gain) on Equity Investments	-1	1	1	-2	-	-59
Other Operating Activities	-92	-103	-159	-144	-217	-163
Change in Accounts Receivable	-105	223	334	271	104	41
Change in Inventory	57	-50	-62	-133	27	-193
Change in Accounts Payable	176	97	-499	297	-446	285
Change in Other Net Operating Assets	-60	-57	-26	-311	-34	-36
Operating Cash Flow	302	465	-7	896	-51	797
Operating Cash Flow Growth	96.10%	-	-	-	-	-6.67%
Capital Expenditures	-52	-77	-26	-45	-646	-96
Sale of Property, Plant & Equipment	-	1	34	-	-	-
Divestitures	-	-	-	28	-	-
Sale (Purchase) of Intangibles	-86	-144	-35	-6	-11	-9
Investment in Securities	-200	-	50	-	2	-14
Other Investing Activities	28	55	-1	318	1	-1
Investing Cash Flow	-310	-165	22	295	-654	-
Long-Term Debt Issued	-	-	-	-	450	-
Long-Term Debt Repaid	-	-111	-111	-155	-94	-74
Total Debt Repaid	-111	-111	-111	-155	-94	-74
Net Debt Issued (Repaid)	-111	-111	-111	-155	356	-74
Issuance of Common Stock	-	-	-	6	52	-
Repurchase of Common Stock	-	-	-	-	-52	-
Common Dividends Paid	-133	-133	-128	-116	-172	-114
Other Financing Activities	-1	-1	-1	1	-	-1
Financing Cash Flow	-245	-245	-240	-264	184	-189
Foreign Exchange Rate Adjustments	-2	7	11	7	20	1
Miscellaneous Cash Flow Adjustments	-2	-1	1	-	-	-
Net Cash Flow	-257	61	-213	934	-501	609
Free Cash Flow	250	388	-33	851	-697	701
Free Cash Flow Growth	140.38%	-	-	-	-	-14.93%
Free Cash Flow Margin	3.09%	4.83%	-0.40%	9.37%	-7.30%	6.87%
Free Cash Flow Per Share	43.88	68.16	-5.81	150.65	-123.64	124.54
Cash Income Tax Paid	94	108	162	142	218	164
Levered Free Cash Flow	193.88	247	-66.5	873.5	-791.5	776.63
Unlevered Free Cash Flow	193.88	247	-66.5	873.5	-791.5	776.63
Change in Working Capital	68	213	-253	124	-349	97

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