Trenders 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	986	773	973	591	461
Depreciation & Amortization	54	47	40	25	76
Loss (Gain) From Sale of Assets	20	-	53	-	-
Other Operating Activities	-144	-354	-180	-160	-168
Change in Accounts Receivable	-1,523	545	-657	-660	18
Change in Inventory	19	3	-19	-17	5
Change in Accounts Payable	464	-91	-116	253	103
Change in Other Net Operating Assets	-66	-7	-94	310	47
Operating Cash Flow	-190	916	-	342	542
Operating Cash Flow Growth	-	-	-	-36.90%	-
Capital Expenditures	-17	-69	-3	-5	-6
Cash Acquisitions	-764	-60	-	-16	-
Sale (Purchase) of Intangibles	-3	-27	-55	-23	-30
Other Investing Activities	15	-1	2	-	19
Investing Cash Flow	-769	-230	-86	-44	-17
Short-Term Debt Issued	-	700	100	-	100
Long-Term Debt Issued	800	-	-	-	-
Total Debt Issued	800	700	100	-	100
Short-Term Debt Repaid	-300	-100	-	-	-
Total Debt Repaid	-300	-100	-	-	-
Net Debt Issued (Repaid)	500	600	100	-	100
Issuance of Common Stock	35	774	6	7	11
Repurchase of Common Stock	-199	-203	-	-	-99
Common Dividends Paid	-207	-158	-114	-106	-100
Other Financing Activities	-2	-4	1	-	-
Financing Cash Flow	127	1,009	-7	-99	-88
Miscellaneous Cash Flow Adjustments	-	-	-1	-1	-1
Net Cash Flow	-832	1,695	-94	198	436
Free Cash Flow	-207	847	-3	337	536
Free Cash Flow Growth	-	-	-	-37.13%	-
Free Cash Flow Margin	-3.34%	14.93%	-0.03%	5.14%	16.08%
Free Cash Flow Per Share	-26.05	112.85	-0.39	45.15	71.81
Cash Interest Paid	14	8	6	7	5
Cash Income Tax Paid	289	359	197	164	176
Levered Free Cash Flow	-407.63	786.13	-155.88	311.25	480.13
Unlevered Free Cash Flow	-398.88	791.13	-152.13	315.63	483.25
Change in Working Capital	-1,106	450	-886	-114	173

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