AXELL 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	1,783	1,404	2,446	1,741	1,000
Depreciation & Amortization	95	99	83	53	44
Loss (Gain) From Sale of Assets	5	9	1	4	-
Loss (Gain) From Sale of Investments	-	125	-	45	-
Other Operating Activities	-267	-966	-414	-190	-70
Change in Accounts Receivable	-195	-380	135	-203	-114
Change in Inventory	-951	-1,472	-1,701	34	311
Change in Accounts Payable	-375	184	14	278	337
Change in Other Net Operating Assets	128	-578	89	123	114
Operating Cash Flow	223	-1,575	653	1,885	1,622
Operating Cash Flow Growth	-	-	-65.36%	16.21%	327.97%
Capital Expenditures	-85	-101	-108	-86	-14
Divestitures	-	-	-	35	-
Sale (Purchase) of Intangibles	-1	-11	-22	-3	-17
Investment in Securities	-445	-693	-752	-32	-137
Other Investing Activities	33	39	71	221	11
Investing Cash Flow	-498	-766	-811	135	-157
Issuance of Common Stock	6	11	32	24	-
Repurchase of Common Stock	-227	-	-	-	-
Common Dividends Paid	-493	-884	-848	-432	-334
Other Financing Activities	-	-	61	-	26
Financing Cash Flow	-714	-873	-755	-408	-308
Foreign Exchange Rate Adjustments	59	-	19	-	-
Miscellaneous Cash Flow Adjustments	-	-1	1	-	26
Net Cash Flow	-930	-3,215	-893	1,612	1,183
Free Cash Flow	138	-1,676	545	1,799	1,608
Free Cash Flow Growth	-	-	-69.70%	11.88%	335.77%
Free Cash Flow Margin	0.94%	-10.99%	3.10%	12.43%	15.08%
Free Cash Flow Per Share	12.74	-152.60	49.67	165.31	148.70
Cash Income Tax Paid	264	964	415	194	72
Levered Free Cash Flow	76.63	-1,795	282.88	1,337	1,289
Unlevered Free Cash Flow	76.63	-1,795	282.88	1,337	1,289
Change in Working Capital	-1,393	-2,246	-1,463	232	648

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