Buffalo 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	544	256	534	527	436
Depreciation & Amortization	172	169	157	149	126
Loss (Gain) From Sale of Assets	5	204	31	46	6
Other Operating Activities	-178	-215	-154	-82	-167
Change in Accounts Receivable	-28	-82	-75	-44	-10
Change in Inventory	-20	-37	-81	-58	-50
Change in Accounts Payable	-49	98	18	204	51
Change in Other Net Operating Assets	149	150	117	-105	168
Operating Cash Flow	595	543	547	637	560
Operating Cash Flow Growth	9.58%	-0.73%	-14.13%	13.75%	58.19%
Capital Expenditures	-618	-142	-136	-184	-159
Sale of Property, Plant & Equipment	3	-	2	-	-
Sale (Purchase) of Intangibles	-	-	-	-	-15
Investment in Securities	-	1	-1	18	-4
Other Investing Activities	-42	9	-8	-27	-49
Investing Cash Flow	-657	-131	-141	-191	-225
Short-Term Debt Issued	810	14	-	-	-
Long-Term Debt Issued	348	-	-	-	-
Total Debt Issued	1,158	14	-	-	-
Short-Term Debt Repaid	-546	-	-	-	-
Long-Term Debt Repaid	-39	-8	-29	-46	-79
Total Debt Repaid	-585	-8	-29	-46	-79
Net Debt Issued (Repaid)	573	6	-29	-46	-79
Issuance of Common Stock	-	-	76	-	24
Common Dividends Paid	-140	-117	-90	-90	-90
Other Financing Activities	-40	-27	-1	36	-17
Financing Cash Flow	393	-138	-44	-100	-162
Net Cash Flow	331	274	362	346	173
Free Cash Flow	-23	401	411	453	401
Free Cash Flow Growth	-	-2.43%	-9.27%	12.97%	90.05%
Free Cash Flow Margin	-0.19%	3.57%	3.81%	4.53%	4.24%
Free Cash Flow Per Share	-9.81	171.12	178.96	199.28	177.39
Cash Interest Paid	13	9	8	6	1
Cash Income Tax Paid	186	231	178	168	177
Levered Free Cash Flow	-249	416.5	308.13	267.88	209.75
Unlevered Free Cash Flow	-241.5	422.13	313.13	271.63	210.38
Change in Working Capital	52	129	-21	-3	159

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.