Titan Kogyo Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	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	168	371	-1,448	239	283	-157
Depreciation & Amortization	726	713	785	857	853	751
Loss (Gain) From Sale of Assets	-	-	739	52	-	-
Loss (Gain) From Sale of Investments	-	-280	34	-	-2	-
Loss (Gain) on Equity Investments	-	-	-5	1	-3	-12
Other Operating Activities	-24	-62	-11	-64	14	-46
Change in Accounts Receivable	-601	617	-456	426	-612	77
Change in Inventory	326	2	1,031	-1,459	-719	-254
Change in Accounts Payable	133	-366	97	-213	567	-151
Change in Other Net Operating Assets	42	-178	-38	-43	306	-357
Operating Cash Flow	770	817	728	-204	687	-149
Operating Cash Flow Growth	-18.26%	12.22%	-	-	-	-
Capital Expenditures	-305	-185	-106	-185	-3,452	-731
Sale of Property, Plant & Equipment	1	-	-	13	-	-
Divestitures	-	-	278	-	-	-
Investment in Securities	-	311	20	-10	5	-
Other Investing Activities	1	3	-13	-	-7	-39
Investing Cash Flow	-300	132	187	-180	-3,453	-770
Short-Term Debt Issued	-	50	100	800	-	1,250
Long-Term Debt Issued	-	200	-	-	3,600	-
Total Debt Issued	50	250	100	800	3,600	1,250
Short-Term Debt Repaid	-	-500	-	-	-300	-
Long-Term Debt Repaid	-	-610	-552	-506	-452	-559
Total Debt Repaid	-592	-1,110	-552	-506	-752	-559
Net Debt Issued (Repaid)	-542	-860	-452	294	2,848	691
Repurchase of Common Stock	-	-	-	-23	-76	-
Common Dividends Paid	-29	-29	-59	-53	-30	-90
Other Financing Activities	-64	-20	-1	-2	-2	-4
Financing Cash Flow	-635	-909	-512	216	2,740	597
Miscellaneous Cash Flow Adjustments	-2	-1	-	-	1	-
Net Cash Flow	-167	39	403	-168	-25	-322
Free Cash Flow	465	632	622	-389	-2,765	-880
Free Cash Flow Growth	-40.54%	1.61%	-	-	-	-
Free Cash Flow Margin	5.73%	8.11%	7.82%	-4.82%	-33.93%	-14.00%
Free Cash Flow Per Share	156.61	212.99	209.71	-131.36	-918.34	-292.36
Cash Interest Paid	64	51	42	44	42	37
Cash Income Tax Paid	27	62	10	64	8	45
Levered Free Cash Flow	441.38	731.88	1,050	-417.63	-5,947	2,023
Unlevered Free Cash Flow	481.38	764.38	1,077	-390.75	-5,918	2,047
Change in Working Capital	-100	75	634	-1,289	-458	-685

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.