TBK Co., Ltd. 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	-917	1,166	-690	1,252	-219
Depreciation & Amortization	3,168	3,218	3,323	3,300	3,606
Loss (Gain) From Sale of Assets	413	283	-37	-20	1,518
Loss (Gain) From Sale of Investments	-	-	103	-	7
Loss (Gain) on Equity Investments	481	272	492	-189	-307
Other Operating Activities	-273	-165	-212	-164	222
Change in Accounts Receivable	1,153	-1,612	-227	1,240	252
Change in Inventory	846	-597	-635	-1,288	-381
Change in Accounts Payable	-1,818	1,289	624	-528	759
Change in Other Net Operating Assets	841	-691	-202	689	108
Operating Cash Flow	3,894	3,163	2,539	4,292	5,565
Operating Cash Flow Growth	23.11%	24.58%	-40.84%	-22.88%	47.81%
Capital Expenditures	-2,409	-3,411	-3,950	-2,436	-2,359
Sale of Property, Plant & Equipment	195	11	134	140	5
Sale (Purchase) of Intangibles	-99	-73	-23	-55	-40
Investment in Securities	-10	586	-8	-6	-5
Other Investing Activities	-	366	-	14	-5
Investing Cash Flow	-2,323	-2,521	-3,847	-2,343	-2,437
Short-Term Debt Issued	2,063	2,623	2,457	2,943	2,972
Long-Term Debt Issued	550	700	1,125	200	1,666
Total Debt Issued	2,613	3,323	3,582	3,143	4,638
Short-Term Debt Repaid	-3,054	-2,284	-1,144	-3,143	-4,175
Long-Term Debt Repaid	-1,127	-1,197	-1,145	-1,392	-1,910
Total Debt Repaid	-4,181	-3,481	-2,289	-4,535	-6,085
Net Debt Issued (Repaid)	-1,568	-158	1,293	-1,392	-1,447
Common Dividends Paid	-254	-141	-199	-225	-169
Other Financing Activities	-63	-73	-136	-226	-252
Financing Cash Flow	-1,885	-372	958	-1,843	-1,868
Foreign Exchange Rate Adjustments	184	60	60	-42	-10
Miscellaneous Cash Flow Adjustments	-	-1	1	-2	-2
Net Cash Flow	-130	329	-289	62	1,248
Free Cash Flow	1,485	-248	-1,411	1,856	3,206
Free Cash Flow Growth	-	-	-	-42.11%	-
Free Cash Flow Margin	2.73%	-0.44%	-2.64%	3.62%	7.29%
Free Cash Flow Per Share	52.13	-8.71	-49.71	65.42	113.03
Cash Interest Paid	269	294	203	136	178
Cash Income Tax Paid	316	275	354	204	158
Levered Free Cash Flow	1,780	-989.63	-1,482	872.5	2,101
Unlevered Free Cash Flow	1,944	-804.63	-1,347	954.38	2,213
Change in Working Capital	1,022	-1,611	-440	113	738

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