Titan Kogyo 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	371	-1,448	239	283	-157
Depreciation & Amortization	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	-62	-11	-64	14	-46
Change in Accounts Receivable	617	-456	426	-612	77
Change in Inventory	2	1,031	-1,459	-719	-254
Change in Accounts Payable	-366	97	-213	567	-151
Change in Other Net Operating Assets	-178	-38	-43	306	-357
Operating Cash Flow	817	728	-204	687	-149
Operating Cash Flow Growth	12.22%	-	-	-	-
Capital Expenditures	-185	-106	-185	-3,452	-731
Sale of Property, Plant & Equipment	-	-	13	-	-
Divestitures	-	278	-	-	-
Investment in Securities	311	20	-10	5	-
Other Investing Activities	3	-13	-	-7	-39
Investing Cash Flow	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	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	-1,110	-552	-506	-752	-559
Net Debt Issued (Repaid)	-860	-452	294	2,848	691
Repurchase of Common Stock	-	-	-23	-76	-
Common Dividends Paid	-29	-59	-53	-30	-90
Other Financing Activities	-20	-1	-2	-2	-4
Financing Cash Flow	-909	-512	216	2,740	597
Miscellaneous Cash Flow Adjustments	-1	-	-	1	-
Net Cash Flow	39	403	-168	-25	-322
Free Cash Flow	632	622	-389	-2,765	-880
Free Cash Flow Growth	1.61%	-	-	-	-
Free Cash Flow Margin	8.11%	7.82%	-4.82%	-33.93%	-14.00%
Free Cash Flow Per Share	212.99	209.71	-131.36	-918.34	-292.36
Cash Interest Paid	51	42	44	42	37
Cash Income Tax Paid	62	10	64	8	45
Levered Free Cash Flow	731.88	1,050	-417.63	-5,947	2,023
Unlevered Free Cash Flow	764.38	1,077	-390.75	-5,918	2,047
Change in Working Capital	75	634	-1,289	-458	-685

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