Kyowakogyosyo Cash Flow Statement

Financials in millions JPY. Fiscal year is May - April.

Millions JPY. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Net Income	1,091	931	1,817	1,497	1,549	812
Depreciation & Amortization	362	366	406	369	301	323
Loss (Gain) From Sale of Assets	-2	-2	-23	-394	-	-
Loss (Gain) From Sale of Investments	-	-	-	-	26	-33
Loss (Gain) on Equity Investments	-2	-1	-5	-16	-17	-12
Other Operating Activities	-326	-376	-317	-647	-262	118
Change in Accounts Receivable	533	233	790	48	-1,093	-546
Change in Inventory	10	-18	55	233	-113	-20
Change in Accounts Payable	22	63	-173	-48	220	239
Change in Other Net Operating Assets	-187	222	-886	47	316	31
Operating Cash Flow	1,501	1,418	1,664	1,089	927	912
Operating Cash Flow Growth	23.95%	-14.78%	52.80%	17.48%	1.65%	-12.39%
Capital Expenditures	-229	-133	-1,050	-291	-436	-87
Sale of Property, Plant & Equipment	2	2	23	419	-	6
Sale (Purchase) of Intangibles	-	-	-2	-3	-	-
Investment in Securities	-3,078	-992	-1,543	300	-536	409
Other Investing Activities	-3	-4	-4	-3	-3	-4
Investing Cash Flow	-3,308	-1,127	-2,576	422	-975	324
Long-Term Debt Issued	-	-	-	-	300	-
Long-Term Debt Repaid	-	-2	-102	-126	-248	-250
Net Debt Issued (Repaid)	-	-2	-102	-126	52	-250
Repurchase of Common Stock	-	-280	-	-	-	-
Common Dividends Paid	-104	-108	-107	-136	-108	-108
Other Financing Activities	-	-1	-5	-4	-4	-4
Financing Cash Flow	-104	-391	-214	-266	-60	-362
Foreign Exchange Rate Adjustments	-	-	-16	-9	81	54
Miscellaneous Cash Flow Adjustments	-1	-1	1	1	1	-
Net Cash Flow	-1,912	-101	-1,141	1,237	-26	928
Free Cash Flow	1,272	1,285	614	798	491	825
Free Cash Flow Growth	92.14%	109.28%	-23.06%	62.52%	-40.48%	105.22%
Free Cash Flow Margin	11.88%	12.29%	5.60%	6.04%	4.21%	10.21%
Free Cash Flow Per Share	977.13	971.82	452.27	587.76	361.64	607.63
Cash Income Tax Paid	313	375	322	656	273	22
Levered Free Cash Flow	1,229	1,156	380.38	634.25	353.75	567
Unlevered Free Cash Flow	1,229	1,156	380.38	634.25	353.75	567
Change in Working Capital	378	500	-214	280	-670	-296

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.