3-D Matrix Cash Flow Statement

Financials in millions JPY. Fiscal year is May - April.

Millions JPY. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Oct '25 Oct 31, 2025	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021	2016 - 2020
Net Income	298	-2,479	-24	-2,443	-1,893	-2,011	Upgrade
Loss (Gain) From Sale of Assets	42	22	24	61	92	119	Upgrade
Other Operating Activities	-52	-253	-198	-4	-2	-1	Upgrade
Change in Accounts Receivable	-849	-815	-482	-164	-255	-32	Upgrade
Change in Inventory	515	294	419	-1,054	-195	1	Upgrade
Change in Accounts Payable	219	319	95	305	41	-468	Upgrade
Change in Other Net Operating Assets	-921	1,198	-1,733	-1,286	-691	-857	Upgrade
Operating Cash Flow	-748	-1,714	-1,899	-4,585	-2,903	-3,249	Upgrade
Capital Expenditures	-29	-12	-1	-16	-7	-18	Upgrade
Sale (Purchase) of Intangibles	-	-	-3	-2	-6	-7	Upgrade
Other Investing Activities	-16	-21	-25	-63	-66	-135	Upgrade
Investing Cash Flow	-45	-33	-29	-81	-79	-160	Upgrade
Short-Term Debt Issued	-	-	-	100	-	7	Upgrade
Long-Term Debt Issued	-	-	660	2,550	2,565	-	Upgrade
Total Debt Issued	1,103	-	660	2,650	2,565	7	Upgrade
Short-Term Debt Repaid	-	-	-200	-	-8	-	Upgrade
Long-Term Debt Repaid	-	-599	-660	-	-	-	Upgrade
Total Debt Repaid	-1,348	-599	-860	-	-8	-	Upgrade
Net Debt Issued (Repaid)	-245	-599	-200	2,650	2,557	7	Upgrade
Issuance of Common Stock	535	2,616	2,294	322	2,116	3,460	Upgrade
Other Financing Activities	-10	-4	-32	-17	-10	-5	Upgrade
Financing Cash Flow	280	2,013	2,062	2,955	4,663	3,462	Upgrade
Foreign Exchange Rate Adjustments	24	-49	59	33	30	27	Upgrade
Miscellaneous Cash Flow Adjustments	-	-1	-1	1	-1	-1	Upgrade
Net Cash Flow	-489	216	192	-1,677	1,710	79	Upgrade
Free Cash Flow	-777	-1,726	-1,900	-4,601	-2,910	-3,267	Upgrade
Free Cash Flow Margin	-9.18%	-24.89%	-41.41%	-198.83%	-193.23%	-319.04%	Upgrade
Free Cash Flow Per Share	-6.56	-17.39	-25.93	-76.44	-57.13	-80.60	Upgrade
Cash Interest Paid	63	77	83	60	4	4	Upgrade
Cash Income Tax Paid	26	250	-	3	1	1	Upgrade
Levered Free Cash Flow	-384.75	-1,149	-876	-3,462	-2,016	-2,466	Upgrade
Unlevered Free Cash Flow	-356	-1,103	-824.13	-3,425	-2,013	-2,464	Upgrade
Change in Working Capital	-1,036	996	-1,701	-2,199	-1,100	-1,356	Upgrade

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