DAIWA TSUSHIN 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	-188	219	327	-	-
Depreciation & Amortization	63	54	62	-	-
Loss (Gain) From Sale of Assets	-4	-15	-4	-	-
Other Operating Activities	-92	-170	211	-	-
Change in Accounts Receivable	-7	-8	-175	-	-
Change in Inventory	-170	-59	8	-	-
Change in Accounts Payable	-36	55	146	-	-
Change in Other Net Operating Assets	583	94	235	-	-
Operating Cash Flow	149	170	810	-	-
Operating Cash Flow Growth	-12.35%	-79.01%	-	-	-
Capital Expenditures	-897	-84	-276	-	-
Sale of Property, Plant & Equipment	20	34	20	-	-
Investment in Securities	-149	-10	-	-	-
Other Investing Activities	-50	14	-	-	-
Investing Cash Flow	-1,076	-46	-256	-	-
Short-Term Debt Issued	929	-	-	-	-
Long-Term Debt Issued	-	-	40	-	-
Total Debt Issued	929	-	40	-	-
Short-Term Debt Repaid	-	-10	-85	-	-
Long-Term Debt Repaid	-71	-71	-119	-	-
Total Debt Repaid	-71	-81	-204	-	-
Net Debt Issued (Repaid)	858	-81	-164	-	-
Common Dividends Paid	-40	-	-	-	-
Other Financing Activities	-17	-7	-22	-	-
Financing Cash Flow	801	-88	-186	-	-
Miscellaneous Cash Flow Adjustments	-	-	-1	-	-
Net Cash Flow	-126	36	367	-	-
Free Cash Flow	-748	86	534	-	-
Free Cash Flow Growth	-	-83.89%	-	-	-
Free Cash Flow Margin	-14.27%	1.76%	11.57%	-	-
Free Cash Flow Per Share	-276.32	31.77	197.27	-	-
Cash Interest Paid	9	6	7	-	-
Cash Income Tax Paid	94	187	-208	-	-
Levered Free Cash Flow	-175.88	144.5	670.13	-	-
Unlevered Free Cash Flow	-170.25	148.25	674.5	-	-
Change in Working Capital	370	82	214	-	-