Toho Titanium Company 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	5,333	6,192	10,373	4,988	-2,643
Depreciation & Amortization	7,553	7,397	6,807	6,055	5,504
Loss (Gain) From Sale of Assets	132	94	163	472	2,244
Loss (Gain) From Sale of Investments	68	-12	-6	-	-
Loss (Gain) on Equity Investments	-25	-18	-17	-16	3,536
Other Operating Activities	-1,153	-2,147	-609	-540	-311
Change in Accounts Receivable	4,228	-3,586	-5,006	-3,431	262
Change in Inventory	5,760	-10,374	-7,001	-2,586	-7,934
Change in Accounts Payable	-226	56	-127	1,846	-236
Change in Other Net Operating Assets	-2,387	-737	717	3,002	980
Operating Cash Flow	19,283	-3,135	5,294	9,790	1,402
Operating Cash Flow Growth	-	-	-45.92%	598.29%	-82.37%
Capital Expenditures	-12,373	-8,097	-6,455	-10,427	-8,015
Sale of Property, Plant & Equipment	157	-	1	2	79
Cash Acquisitions	-	-	-	-	-45
Divestitures	600	148	-	-	-
Sale (Purchase) of Intangibles	-14	-60	-41	-157	-425
Investment in Securities	-	-	12	-	-
Other Investing Activities	18	-1	-282	149	16
Investing Cash Flow	-11,631	-8,010	-6,765	-10,433	-8,390
Short-Term Debt Issued	-	13,900	500	-	1,800
Long-Term Debt Issued	8,000	2,000	7,000	4,000	10,000
Total Debt Issued	8,000	15,900	7,500	4,000	11,800
Short-Term Debt Repaid	-5,400	-	-	-	-
Long-Term Debt Repaid	-4,084	-4,158	-2,880	-2,471	-3,581
Total Debt Repaid	-9,484	-4,158	-2,880	-2,471	-3,581
Net Debt Issued (Repaid)	-1,484	11,742	4,620	1,529	8,219
Common Dividends Paid	-1,850	-1,779	-1,423	-854	-854
Other Financing Activities	-1,601	-350	-465	-469	-530
Financing Cash Flow	-4,935	9,613	2,732	206	6,835
Foreign Exchange Rate Adjustments	3	-3	25	30	44
Miscellaneous Cash Flow Adjustments	-2	-	1	1	2
Net Cash Flow	2,718	-1,535	1,287	-406	-107
Free Cash Flow	6,910	-11,232	-1,161	-637	-6,613
Free Cash Flow Margin	7.77%	-14.33%	-1.44%	-1.15%	-18.29%
Free Cash Flow Per Share	97.09	-157.81	-16.31	-8.95	-92.92
Cash Interest Paid	319	218	170	173	166
Cash Income Tax Paid	1,168	2,151	617	545	309
Levered Free Cash Flow	7,409	-11,924	-2,539	-3,591	-7,672
Unlevered Free Cash Flow	7,615	-11,787	-2,431	-3,482	-7,569
Change in Working Capital	7,375	-14,641	-11,417	-1,169	-6,928

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