Goldwin 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	30,218	32,552	27,892	20,131	15,557
Depreciation & Amortization	2,299	2,046	1,762	1,646	1,669
Loss (Gain) From Sale of Assets	-956	48	116	180	147
Loss (Gain) on Equity Investments	-8,446	-8,477	-5,891	-3,669	-1,238
Other Operating Activities	-1,744	-2,092	-2,789	-4,236	-3,386
Change in Accounts Receivable	927	-4,153	-2,467	-1,368	-604
Change in Inventory	-987	-3,578	-1,196	1,741	-368
Change in Accounts Payable	1,098	-2,114	4,198	3,587	-3,913
Change in Other Net Operating Assets	2,028	4,319	-1,403	37	-463
Operating Cash Flow	24,437	18,551	20,222	18,049	7,401
Operating Cash Flow Growth	31.73%	-8.26%	12.04%	143.87%	-45.78%
Capital Expenditures	-2,007	-1,994	-1,770	-1,722	-3,195
Sale of Property, Plant & Equipment	1,168	-	-	1	-
Investment in Securities	858	867	-631	8	180
Other Investing Activities	189	-361	-980	146	-246
Investing Cash Flow	208	-1,488	-3,381	-1,567	-3,261
Short-Term Debt Issued	-	-	-	-	3,600
Long-Term Debt Issued	-	-	50	643	4,600
Total Debt Issued	-	-	50	643	8,200
Short-Term Debt Repaid	-	-	-	-3,600	-
Long-Term Debt Repaid	-1,018	-1,212	-1,652	-2,600	-2,479
Total Debt Repaid	-1,018	-1,212	-1,652	-6,200	-2,479
Net Debt Issued (Repaid)	-1,018	-1,212	-1,602	-5,557	5,721
Issuance of Common Stock	201	172	-	-	-
Repurchase of Common Stock	-6,013	-2,325	-1,431	-2,140	-2,602
Common Dividends Paid	-8,036	-5,349	-4,204	-3,520	-2,818
Other Financing Activities	98	-653	-488	-636	-463
Financing Cash Flow	-14,768	-9,367	-7,725	-11,853	-162
Foreign Exchange Rate Adjustments	96	108	55	120	-81
Miscellaneous Cash Flow Adjustments	-	-1	-1	-1	-2
Net Cash Flow	9,973	7,803	9,170	4,748	3,895
Free Cash Flow	22,430	16,557	18,452	16,327	4,206
Free Cash Flow Growth	35.47%	-10.27%	13.01%	288.18%	-60.61%
Free Cash Flow Margin	16.95%	13.05%	16.04%	16.62%	4.65%
Free Cash Flow Per Share	166.99	122.53	136.54	119.95	30.91
Cash Interest Paid	38	36	42	80	129
Cash Income Tax Paid	9,935	7,069	6,233	6,728	4,117
Levered Free Cash Flow	15,279	9,904	13,472	13,523	2,685
Unlevered Free Cash Flow	15,302	9,926	13,498	13,574	2,766
Change in Working Capital	3,066	-5,526	-868	3,997	-5,348

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