Achilles 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	2,948	780	-4,708	-1,243	2,229
Depreciation & Amortization	2,739	2,898	3,428	3,329	3,160
Loss (Gain) From Sale of Assets	969	999	4,578	1,441	-480
Loss (Gain) From Sale of Investments	1	-216	-40	-230	-73
Loss (Gain) on Equity Investments	-181	-209	-208	-150	-182
Other Operating Activities	-584	-86	-172	-289	-162
Change in Accounts Receivable	-13	915	1,513	-1,546	207
Change in Inventory	889	2,042	647	-2,967	-937
Change in Accounts Payable	-3,879	-2,287	-2,193	1,444	1,417
Change in Other Net Operating Assets	-250	-2,150	-967	-861	-472
Operating Cash Flow	2,639	2,686	1,878	-1,072	4,707
Operating Cash Flow Growth	-1.75%	43.02%	-	-	4.39%
Capital Expenditures	-2,877	-3,793	-4,249	-4,838	-6,113
Sale of Property, Plant & Equipment	16	2,381	489	6	667
Investment in Securities	-1	-507	-34	345	415
Other Investing Activities	-	1	1	3	1
Investing Cash Flow	-2,862	-1,918	-3,793	-4,484	-5,030
Short-Term Debt Issued	2,500	-	800	1,400	-
Long-Term Debt Issued	5,671	-	2,750	4,500	450
Total Debt Issued	8,171	-	3,550	5,900	450
Short-Term Debt Repaid	-	-	-	-	-450
Long-Term Debt Repaid	-5,750	-	-	-	-
Total Debt Repaid	-5,750	-	-	-	-450
Net Debt Issued (Repaid)	2,421	-	3,550	5,900	-
Repurchase of Common Stock	-1	-959	-1,187	-726	-75
Common Dividends Paid	-273	-286	-604	-625	-785
Other Financing Activities	-1	-1	-1	-2	-
Financing Cash Flow	2,146	-1,246	1,758	4,547	-860
Foreign Exchange Rate Adjustments	102	346	120	308	642
Miscellaneous Cash Flow Adjustments	2	1	2	-	-
Net Cash Flow	2,027	-131	-35	-701	-541
Free Cash Flow	-238	-1,107	-2,371	-5,910	-1,406
Free Cash Flow Margin	-0.29%	-1.40%	-3.02%	-7.13%	-1.85%
Free Cash Flow Per Share	-17.41	-79.35	-161.80	-383.67	-89.53
Cash Interest Paid	157	137	59	48	31
Cash Income Tax Paid	649	222	369	625	550
Levered Free Cash Flow	-684.13	-571.13	-2,745	-5,733	-1,845
Unlevered Free Cash Flow	-587.88	-490.5	-2,703	-5,704	-1,825
Change in Working Capital	-3,253	-1,480	-1,000	-3,930	215

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