Buffalo 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	9,259	4,609	4,088	13,036	8,855
Depreciation & Amortization	2,285	3,071	2,254	2,389	2,504
Loss (Gain) From Sale of Assets	95	-	-	-	-
Loss (Gain) From Sale of Investments	-379	-2,097	166	-	153
Loss (Gain) on Equity Investments	-	26	-147	-38	27
Other Operating Activities	-795	72	-4,136	-4,250	-1,202
Change in Accounts Receivable	-469	-3,011	224	60	-151
Change in Inventory	-80	823	-563	-7,979	100
Change in Accounts Payable	4,333	432	-470	-1,596	969
Change in Other Net Operating Assets	476	2,700	-1,024	-617	11
Operating Cash Flow	14,725	6,625	392	1,005	11,266
Operating Cash Flow Growth	122.26%	1590.05%	-60.99%	-91.08%	72.03%
Capital Expenditures	-1,155	-2,053	-1,857	-1,250	-1,162
Sale of Property, Plant & Equipment	297	6	12	61	-
Divestitures	-	8,811	91	-	-
Sale (Purchase) of Intangibles	-429	-1,479	-2,046	-1,287	-417
Investment in Securities	-196	100	6,545	575	13,838
Other Investing Activities	120	-19	-1	62	-24
Investing Cash Flow	-1,363	5,366	2,744	-1,839	12,235
Long-Term Debt Repaid	-	-99	-861	-899	-899
Total Debt Repaid	-	-99	-861	-899	-899
Net Debt Issued (Repaid)	-	-99	-861	-899	-899
Issuance of Common Stock	-	-	-	-	3
Repurchase of Common Stock	-5,245	-489	-1,619	-4,668	-2,542
Common Dividends Paid	-1,914	-2,017	-2,024	-1,391	-1,002
Other Financing Activities	-	-1	-2	-	-1
Financing Cash Flow	-7,159	-2,606	-4,506	-6,958	-4,441
Foreign Exchange Rate Adjustments	-17	66	40	64	57
Miscellaneous Cash Flow Adjustments	-4,536	-	3	1	1
Net Cash Flow	1,650	9,451	-1,327	-7,727	19,118
Free Cash Flow	13,570	4,572	-1,465	-245	10,104
Free Cash Flow Growth	196.81%	-	-	-	98.27%
Free Cash Flow Margin	9.48%	3.14%	-1.03%	-0.17%	7.78%
Free Cash Flow Per Share	867.49	272.68	-86.83	-15.32	613.21
Cash Interest Paid	-	-	2	5	9
Cash Income Tax Paid	797	332	4,124	4,250	1,207
Levered Free Cash Flow	16,226	2,233	-4,057	-1,578	8,341
Unlevered Free Cash Flow	16,226	2,233	-4,055	-1,573	8,349
Change in Working Capital	4,260	944	-1,833	-10,132	929

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