Media Links 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	-559	-231	-243	-745	-203
Depreciation & Amortization	48	36	20	19	17
Loss (Gain) From Sale of Assets	36	44	15	19	13
Other Operating Activities	-14	-14	-14	-7	76
Change in Accounts Receivable	-71	71	-116	520	-369
Change in Inventory	19	-530	-530	-56	-168
Change in Accounts Payable	-301	221	109	-111	161
Change in Other Net Operating Assets	78	-15	-35	46	-137
Operating Cash Flow	-764	-418	-794	-315	-610
Capital Expenditures	-89	-119	-17	-18	-14
Sale (Purchase) of Intangibles	-1	-3	-3	-6	-5
Investment in Securities	-	-	9	-9	-
Investing Cash Flow	-90	-122	-11	-33	-19
Long-Term Debt Issued	300	200	-	-	530
Total Debt Issued	300	200	-	-	530
Short-Term Debt Repaid	-	-	-70	-110	-470
Long-Term Debt Repaid	-371	-268	-135	-221	-464
Total Debt Repaid	-371	-268	-205	-331	-934
Net Debt Issued (Repaid)	-71	-68	-205	-331	-404
Issuance of Common Stock	341	1,056	1,139	16	-
Other Financing Activities	-2	-3	-2	-5	-5
Financing Cash Flow	268	985	932	-320	-409
Foreign Exchange Rate Adjustments	-10	29	28	50	36
Miscellaneous Cash Flow Adjustments	-1	-	-1	-1	-
Net Cash Flow	-597	474	154	-619	-1,002
Free Cash Flow	-853	-537	-811	-333	-624
Free Cash Flow Margin	-30.58%	-17.26%	-32.16%	-13.35%	-25.12%
Free Cash Flow Per Share	-18.31	-17.49	-42.95	-58.96	-110.63
Cash Interest Paid	7	11	13	15	14
Cash Income Tax Paid	14	16	14	9	-7
Levered Free Cash Flow	-653.25	-523	-691.75	-100.13	-616.5
Unlevered Free Cash Flow	-648.88	-516.13	-683.63	-90.75	-607.75
Change in Working Capital	-275	-253	-572	399	-513

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