TOTO LTD. 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	40,257	24,331	54,206	59,975	57,867
Depreciation & Amortization	34,360	35,018	34,136	31,412	26,939
Loss (Gain) From Sale of Assets	758	34,910	996	279	858
Asset Writedown & Restructuring Costs	4,557	-	-	-	-
Loss (Gain) From Sale of Investments	-14,648	-8,054	-2,687	-48	-1,581
Other Operating Activities	-8,059	-10,583	-11,412	-14,594	-13,307
Change in Accounts Receivable	-460	1,359	1,694	-1,613	-1,092
Change in Inventory	14,167	5,205	16,729	-31,092	-21,935
Change in Accounts Payable	-2,694	-1,289	-9,729	1,128	7,448
Change in Other Net Operating Assets	3,002	-9,516	-7,622	-13,868	-5,841
Operating Cash Flow	71,240	71,381	76,311	31,579	49,356
Operating Cash Flow Growth	-0.20%	-6.46%	141.65%	-36.02%	-17.12%
Capital Expenditures	-36,476	-44,553	-51,130	-27,752	-30,121
Sale of Property, Plant & Equipment	288	61	293	784	164
Cash Acquisitions	-694	-	-	-	-
Sale (Purchase) of Intangibles	-6,682	-6,145	-7,015	-8,579	-4,980
Investment in Securities	21,256	12,022	3,877	212	3,061
Other Investing Activities	487	230	187	63	-18
Investing Cash Flow	-21,816	-38,383	-53,790	-35,269	-31,893
Short-Term Debt Issued	103,200	43,200	43,200	43,200	13,200
Long-Term Debt Issued	500	-	-	-	-
Total Debt Issued	103,700	43,200	43,200	43,200	13,200
Short-Term Debt Repaid	-103,200	-43,200	-43,200	-13,200	-73,200
Long-Term Debt Repaid	-657	-	-137	-198	-
Total Debt Repaid	-103,857	-43,200	-43,337	-13,398	-73,200
Net Debt Issued (Repaid)	-157	-	-137	29,802	-60,000
Repurchase of Common Stock	-20,005	-9	-7	-8	-14
Common Dividends Paid	-16,703	-16,964	-16,960	-16,956	-14,406
Other Financing Activities	-1,690	-2,034	-1,850	-4,059	-1,352
Financing Cash Flow	-38,555	-19,007	-18,954	8,779	-75,772
Foreign Exchange Rate Adjustments	-382	4,074	1,576	2,802	6,490
Miscellaneous Cash Flow Adjustments	-1	-	-1	1	1
Net Cash Flow	10,486	18,065	5,142	7,892	-51,818
Free Cash Flow	34,764	26,828	25,181	3,827	19,235
Free Cash Flow Growth	29.58%	6.54%	557.98%	-80.10%	-7.59%
Free Cash Flow Margin	4.71%	3.70%	3.59%	0.55%	2.98%
Free Cash Flow Per Share	209.76	158.04	148.35	22.55	113.35
Cash Interest Paid	645	321	242	67	118
Cash Income Tax Paid	15,864	11,592	12,362	15,366	13,831
Levered Free Cash Flow	44,911	19,229	8,530	-18,396	17,286
Unlevered Free Cash Flow	45,371	19,428	8,678	-18,349	17,360
Change in Working Capital	14,015	-4,241	1,072	-45,445	-21,420

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