Toyo Shutter 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	1,179	1,210	1,367	813	650
Depreciation & Amortization	419	409	355	360	373
Other Operating Activities	-521	-388	-312	-325	-83
Change in Accounts Receivable	-2	640	144	-203	107
Change in Inventory	174	-20	37	-312	-145
Change in Accounts Payable	-1,155	-2,314	342	246	403
Change in Other Net Operating Assets	103	303	-391	545	-23
Operating Cash Flow	197	-160	1,542	1,124	1,282
Operating Cash Flow Growth	-	-	37.19%	-12.32%	141.89%
Capital Expenditures	-101	-57	-141	-38	-38
Investment in Securities	-	-	-	-100	-
Other Investing Activities	-5	-9	-6	-3	-6
Investing Cash Flow	-106	-66	-146	-141	-42
Short-Term Debt Issued	-	-	-	-	100
Long-Term Debt Issued	-	2,000	300	-	2,000
Total Debt Issued	-	2,000	300	-	2,100
Short-Term Debt Repaid	-100	-	-	-	-
Long-Term Debt Repaid	-193	-2,239	-203	-181	-2,291
Total Debt Repaid	-293	-2,239	-203	-181	-2,291
Net Debt Issued (Repaid)	-293	-239	97	-181	-191
Common Dividends Paid	-239	-195	-113	-94	-94
Other Financing Activities	-250	-238	-161	-173	-245
Financing Cash Flow	-782	-672	-177	-448	-530
Miscellaneous Cash Flow Adjustments	-	-2	-	-1	-2
Net Cash Flow	-691	-900	1,219	534	708
Free Cash Flow	96	-217	1,401	1,086	1,244
Free Cash Flow Growth	-	-	29.01%	-12.70%	211.78%
Free Cash Flow Margin	0.45%	-1.04%	6.52%	5.25%	6.30%
Free Cash Flow Per Share	15.16	-34.26	221.18	171.43	196.35
Cash Interest Paid	103	90	66	60	64
Cash Income Tax Paid	523	391	313	339	120
Levered Free Cash Flow	51.88	-113.5	1,151	1,131	1,267
Unlevered Free Cash Flow	116.88	-57.25	1,193	1,169	1,307
Change in Working Capital	-880	-1,391	132	276	342