Tsubota Laboratory Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	-760	281	-636	144	202
Depreciation & Amortization	20	28	35	39	37
Other Operating Activities	-92	32	-53	-42	-20
Change in Accounts Receivable	531	-528	-	-13	144
Change in Inventory	96	-	69	-46	-85
Change in Accounts Payable	-110	71	-8	-1	-49
Change in Other Net Operating Assets	-262	-201	292	-53	425
Operating Cash Flow	-577	-317	-301	28	654
Operating Cash Flow Growth	-	-	-	-95.72%	-
Capital Expenditures	-8	-13	-12	-44	-72
Sale of Property, Plant & Equipment	-	1	-	-	-
Sale (Purchase) of Intangibles	-	-	-	-4	-
Other Investing Activities	-	-2	-	-6	-
Investing Cash Flow	-8	-14	-12	-54	-72
Long-Term Debt Repaid	-21	-26	-22	-84	-18
Net Debt Issued (Repaid)	-21	-26	-22	-84	-18
Issuance of Common Stock	38	14	58	1,109	-
Other Financing Activities	-	-	-1	-14	-
Financing Cash Flow	17	-12	35	1,011	-18
Miscellaneous Cash Flow Adjustments	-1	-1	1	1	-
Net Cash Flow	-569	-344	-277	986	564
Free Cash Flow	-585	-330	-313	-16	582
Free Cash Flow Margin	-292.50%	-24.32%	-46.51%	-1.68%	90.94%
Free Cash Flow Per Share	-22.71	-12.75	-12.28	-0.63	25.71
Cash Interest Paid	-	1	-	-	1
Cash Income Tax Paid	113	-26	60	42	85
Levered Free Cash Flow	-324.88	-391.13	-88.88	-37.63	506.38
Unlevered Free Cash Flow	-324.88	-390.5	-88.25	-37.63	507
Change in Working Capital	255	-658	353	-113	435