Techno Horizon 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
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	-199	1,402	-770	905
Depreciation & Amortization	1,452	1,439	1,627	1,382
Loss (Gain) From Sale of Assets	605	81	490	3
Loss (Gain) From Sale of Investments	31	43	-29	-5
Loss (Gain) on Equity Investments	-	-	-	3
Other Operating Activities	-416	-428	-286	-409
Change in Accounts Receivable	-1,414	1,801	-3,457	1,372
Change in Inventory	1,240	1,677	-2,204	-1,983
Change in Accounts Payable	-478	-3,420	3,458	-88
Change in Other Net Operating Assets	30	-1,227	-100	-151
Operating Cash Flow	851	1,368	-1,271	1,029
Operating Cash Flow Growth	-37.79%	-	-	-37.79%
Capital Expenditures	-313	-609	-482	-518
Sale of Property, Plant & Equipment	99	107	11	29
Cash Acquisitions	-145	-312	-138	-3,975
Sale (Purchase) of Intangibles	-24	-5	-168	-232
Investment in Securities	2	-4	82	106
Other Investing Activities	-574	-12	-169	5
Investing Cash Flow	-955	-835	-864	-4,585
Short-Term Debt Issued	1,046	-	1,700	-
Long-Term Debt Issued	2,129	1,900	2,600	2,800
Total Debt Issued	3,175	1,900	4,300	2,800
Short-Term Debt Repaid	-	-236	-	-1,267
Long-Term Debt Repaid	-2,607	-2,779	-2,306	-1,958
Total Debt Repaid	-2,607	-3,015	-2,306	-3,225
Net Debt Issued (Repaid)	568	-1,115	1,994	-425
Common Dividends Paid	-134	-	-269	-269
Other Financing Activities	-293	-390	-201	-95
Financing Cash Flow	141	-1,505	1,524	-789
Foreign Exchange Rate Adjustments	152	113	148	86
Miscellaneous Cash Flow Adjustments	57	367	2	120
Net Cash Flow	246	-492	-461	-4,139
Free Cash Flow	538	759	-1,753	511
Free Cash Flow Growth	-29.12%	-	-	-62.37%
Free Cash Flow Margin	1.06%	1.56%	-4.00%	1.48%
Free Cash Flow Per Share	39.92	56.32	-130.07	37.92
Cash Interest Paid	161	104	80	90
Cash Income Tax Paid	531	503	319	464
Levered Free Cash Flow	-295.5	681.88	-2,076	-1,150
Unlevered Free Cash Flow	-194.88	748.13	-2,028	-1,097
Change in Working Capital	-622	-1,169	-2,303	-850

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