MINATO HOLDINGS INC. 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	610	2,251	868	801	568
Depreciation & Amortization	693	392	286	258	215
Loss (Gain) From Sale of Assets	-	1	39	36	1
Loss (Gain) From Sale of Investments	-34	-1,289	-54	3	-366
Other Operating Activities	-1,006	-279	-227	-126	-154
Change in Accounts Receivable	-767	-618	1,157	-941	98
Change in Inventory	271	-366	620	-1,162	275
Change in Accounts Payable	128	-54	-899	546	-171
Change in Other Net Operating Assets	197	106	-22	131	-137
Operating Cash Flow	92	144	1,768	-454	329
Operating Cash Flow Growth	-36.11%	-91.86%	-	-	-53.60%
Capital Expenditures	-882	-2,151	-234	-192	-373
Sale of Property, Plant & Equipment	-	7	1	95	-
Cash Acquisitions	-200	-39	-	31	-448
Divestitures	-	1,228	-	-	-
Sale (Purchase) of Intangibles	-19	-11	-6	-11	-8
Investment in Securities	-45	-569	49	34	358
Other Investing Activities	-4	-6	-99	-71	-6
Investing Cash Flow	-1,642	-1,541	-289	-122	-418
Short-Term Debt Issued	1,680	-	100	1,750	126
Long-Term Debt Issued	400	1,589	-	168	997
Total Debt Issued	2,080	1,589	100	1,918	1,123
Short-Term Debt Repaid	-	-500	-	-	-
Long-Term Debt Repaid	-674	-546	-551	-862	-653
Total Debt Repaid	-674	-1,046	-551	-862	-653
Net Debt Issued (Repaid)	1,406	543	-451	1,056	470
Issuance of Common Stock	12	22	-	-	135
Repurchase of Common Stock	-191	-155	-111	-119	-40
Common Dividends Paid	-104	-74	-67	-69	-29
Other Financing Activities	-1	-	-2	-11	-8
Financing Cash Flow	1,122	336	-631	857	528
Foreign Exchange Rate Adjustments	5	11	51	13	-9
Miscellaneous Cash Flow Adjustments	2	1	-	24	10
Net Cash Flow	-421	-1,049	899	318	440
Free Cash Flow	-790	-2,007	1,534	-646	-44
Free Cash Flow Margin	-3.22%	-10.55%	6.79%	-2.63%	-0.28%
Free Cash Flow Per Share	-106.44	-267.60	202.91	-84.21	-5.79
Cash Interest Paid	68	29	33	34	30
Cash Income Tax Paid	1,003	279	228	129	155
Levered Free Cash Flow	-1,908	-1,223	1,293	-984.88	-1,625
Unlevered Free Cash Flow	-1,869	-1,205	1,315	-963.63	-1,607
Change in Working Capital	-171	-932	856	-1,426	65

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