Achilles 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	780	-4,708	-1,243	2,229	4,148
Depreciation & Amortization	2,898	3,428	3,329	3,160	3,107
Loss (Gain) From Sale of Assets	999	4,578	1,441	-480	113
Loss (Gain) From Sale of Investments	-216	-40	-230	-73	-2,181
Loss (Gain) on Equity Investments	-209	-208	-150	-182	-184
Other Operating Activities	-86	-172	-289	-162	-335
Change in Accounts Receivable	915	1,513	-1,546	207	-117
Change in Inventory	2,042	647	-2,967	-937	471
Change in Accounts Payable	-2,287	-2,193	1,444	1,417	-666
Change in Other Net Operating Assets	-2,150	-967	-861	-472	153
Operating Cash Flow	2,686	1,878	-1,072	4,707	4,509
Operating Cash Flow Growth	43.02%	-	-	4.39%	-40.27%
Capital Expenditures	-3,793	-4,249	-4,838	-6,113	-5,242
Sale of Property, Plant & Equipment	2,381	489	6	667	31
Divestitures	-	-	-	-	2,406
Investment in Securities	-507	-34	345	415	-26
Other Investing Activities	1	1	3	1	1
Investing Cash Flow	-1,918	-3,793	-4,484	-5,030	-2,830
Short-Term Debt Issued	-	800	1,400	-	429
Long-Term Debt Issued	-	2,750	4,500	450	2,550
Total Debt Issued	-	3,550	5,900	450	2,979
Short-Term Debt Repaid	-	-	-	-450	-
Long-Term Debt Repaid	-	-	-	-	-3,000
Total Debt Repaid	-	-	-	-450	-3,000
Net Debt Issued (Repaid)	-	3,550	5,900	-	-21
Repurchase of Common Stock	-959	-1,187	-726	-75	-2
Common Dividends Paid	-286	-604	-625	-785	-628
Other Financing Activities	-1	-1	-2	-	1
Financing Cash Flow	-1,246	1,758	4,547	-860	-650
Foreign Exchange Rate Adjustments	346	120	308	642	90
Miscellaneous Cash Flow Adjustments	1	2	-	-	-
Net Cash Flow	-131	-35	-701	-541	1,119
Free Cash Flow	-1,107	-2,371	-5,910	-1,406	-733
Free Cash Flow Margin	-1.40%	-3.02%	-7.13%	-1.85%	-1.00%
Free Cash Flow Per Share	-79.35	-161.80	-383.67	-89.53	-46.66
Cash Interest Paid	137	59	48	31	35
Cash Income Tax Paid	222	369	625	550	535
Levered Free Cash Flow	-571.13	-2,745	-5,733	-1,845	-851.38
Unlevered Free Cash Flow	-490.5	-2,703	-5,704	-1,825	-830.13
Change in Working Capital	-1,480	-1,000	-3,930	215	-159

Source: S&P Global Market Intelligence. Standard template. Financial Sources.