TOCALO 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	12,197	9,655	10,989	10,448	8,566
Depreciation & Amortization	3,299	3,056	2,987	2,783	2,771
Loss (Gain) From Sale of Assets	200	6	14	122	359
Other Operating Activities	-2,364	-3,203	-3,220	-3,041	-1,597
Change in Accounts Receivable	-922	-1,002	-270	-1,418	1,149
Change in Inventory	-989	-274	-1,191	-607	-252
Change in Accounts Payable	-1,489	561	237	1,115	-82
Change in Other Net Operating Assets	-855	-922	348	471	-326
Operating Cash Flow	9,077	7,877	9,894	9,873	10,588
Operating Cash Flow Growth	15.23%	-20.39%	0.21%	-6.75%	59.91%
Capital Expenditures	-5,524	-4,785	-4,610	-4,562	-4,348
Sale of Property, Plant & Equipment	1	95	4	1	1
Cash Acquisitions	-598	-	-	-	-
Sale (Purchase) of Intangibles	-54	-104	-93	-66	-25
Investment in Securities	-27	178	-378	-338	-156
Other Investing Activities	8	-18	-17	-79	-87
Investing Cash Flow	-6,194	-4,634	-5,094	-5,044	-4,615
Short-Term Debt Issued	-	631	-	-	-
Long-Term Debt Issued	-	3,000	-	-	-
Total Debt Issued	-	3,631	-	-	-
Short-Term Debt Repaid	-90	-	-	-17	-30
Long-Term Debt Repaid	-1,326	-1,447	-1,447	-1,766	-2,083
Total Debt Repaid	-1,416	-1,447	-1,447	-1,783	-2,113
Net Debt Issued (Repaid)	-1,416	2,184	-1,447	-1,783	-2,113
Repurchase of Common Stock	-	-1,999	-	-	-
Common Dividends Paid	-3,446	-3,168	-2,888	-2,583	-1,520
Other Financing Activities	-262	-258	-226	-181	-165
Financing Cash Flow	-5,124	-3,241	-4,561	-4,547	-3,798
Foreign Exchange Rate Adjustments	174	135	139	188	1
Miscellaneous Cash Flow Adjustments	2	-1	-	-1	-1
Net Cash Flow	-2,065	136	378	469	2,175
Free Cash Flow	3,553	3,092	5,284	5,311	6,240
Free Cash Flow Growth	14.91%	-41.48%	-0.51%	-14.89%	109.40%
Free Cash Flow Margin	6.55%	6.62%	10.97%	12.12%	15.97%
Free Cash Flow Per Share	59.77	51.57	86.86	87.34	102.64
Cash Interest Paid	36	9	5	8	11
Cash Income Tax Paid	2,346	3,196	3,224	3,040	1,598
Levered Free Cash Flow	2,040	1,929	4,128	3,702	6,066
Unlevered Free Cash Flow	2,051	1,931	4,131	3,707	6,073
Change in Working Capital	-4,255	-1,637	-876	-439	489

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