TOWA Corporation 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	7,005	11,208	9,115	10,183	11,695
Depreciation & Amortization	3,270	2,822	2,686	2,614	1,963
Loss (Gain) From Sale of Investments	-	-1,306	-	-	-
Other Operating Activities	-2,854	-3,631	-1,998	-4,031	-1,686
Change in Accounts Receivable	-3,070	2,844	-1,476	-3,918	527
Change in Inventory	-2,882	21	96	3,373	-8,494
Change in Accounts Payable	1,888	-1,300	1,193	-5,356	1,417
Change in Other Net Operating Assets	763	-286	49	-34	981
Operating Cash Flow	4,120	10,372	9,665	2,831	6,403
Operating Cash Flow Growth	-60.28%	7.32%	241.40%	-55.79%	20.56%
Capital Expenditures	-4,068	-5,044	-1,667	-2,731	-5,271
Sale of Property, Plant & Equipment	5	11	35	14	1
Cash Acquisitions	-	-	-	-	-1,727
Investment in Securities	-903	891	-182	42	435
Other Investing Activities	-559	-616	-959	-71	-38
Investing Cash Flow	-5,525	-4,758	-2,773	-2,746	-6,600
Short-Term Debt Issued	4,500	-	-	4,100	3,800
Long-Term Debt Issued	5,000	-	100	3,000	-
Total Debt Issued	9,500	-	100	7,100	3,800
Short-Term Debt Repaid	-	-2,400	-	-	-
Long-Term Debt Repaid	-1,370	-1,560	-1,930	-1,730	-1,340
Total Debt Repaid	-1,370	-3,960	-1,930	-1,730	-1,340
Net Debt Issued (Repaid)	8,130	-3,960	-1,830	5,370	2,460
Repurchase of Common Stock	-1	-2	-101	-	-1
Common Dividends Paid	-1,501	-1,001	-1,000	-1,250	-400
Other Financing Activities	-199	-163	-593	-158	-134
Financing Cash Flow	6,429	-5,126	-3,524	3,962	1,925
Foreign Exchange Rate Adjustments	967	-615	719	132	253
Miscellaneous Cash Flow Adjustments	-1	1	-1	1	1
Net Cash Flow	5,990	-126	4,086	4,180	1,982
Free Cash Flow	52	5,328	7,998	100	1,132
Free Cash Flow Growth	-99.02%	-33.38%	7898.00%	-91.17%	-56.79%
Free Cash Flow Margin	0.10%	9.96%	15.85%	0.19%	2.23%
Free Cash Flow Per Share	0.69	71.04	106.61	1.33	15.09
Cash Interest Paid	165	92	73	69	53
Cash Income Tax Paid	2,839	3,632	1,828	4,031	1,688
Levered Free Cash Flow	-1,986	4,453	6,706	-1,977	-1,665
Unlevered Free Cash Flow	-1,881	4,510	6,750	-1,933	-1,633
Change in Working Capital	-3,301	1,279	-138	-5,935	-5,569

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