T.Kawabe & Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	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	670	411	351	239	-152	-620
Depreciation & Amortization	180	176	174	186	189	202
Loss (Gain) From Sale of Assets	5	5	1	-	22	38
Loss (Gain) From Sale of Investments	-	-	-	-39	-	-112
Loss (Gain) on Equity Investments	15	18	7	17	-	5
Other Operating Activities	-26	-47	-139	-29	-27	-35
Change in Accounts Receivable	127	259	-43	-308	110	192
Change in Inventory	287	-22	-117	599	292	40
Change in Accounts Payable	66	-180	190	257	-548	-133
Change in Other Net Operating Assets	-121	-236	-81	-85	-60	-156
Operating Cash Flow	1,203	384	343	837	-174	-579
Operating Cash Flow Growth	1840.32%	11.95%	-59.02%	-	-	-
Capital Expenditures	-172	-216	-168	-37	-126	-80
Sale (Purchase) of Intangibles	-13	-9	-31	-27	-19	-6
Investment in Securities	-124	-29	-229	197	-29	695
Other Investing Activities	117	114	110	73	125	96
Investing Cash Flow	-192	-140	-318	206	-49	705
Short-Term Debt Issued	-	-	200	-	700	700
Long-Term Debt Issued	-	-	-	500	520	640
Total Debt Issued	300	-	200	500	1,220	1,340
Short-Term Debt Repaid	-	-50	-	-700	-	-
Long-Term Debt Repaid	-	-162	-298	-561	-588	-1,226
Total Debt Repaid	-280	-212	-298	-1,261	-588	-1,226
Net Debt Issued (Repaid)	20	-212	-98	-761	632	114
Common Dividends Paid	-91	-148	-27	-	-	-54
Other Financing Activities	-	-4	-6	-7	-9	-9
Financing Cash Flow	-71	-364	-131	-768	623	51
Foreign Exchange Rate Adjustments	4	1	-	-	-	-
Miscellaneous Cash Flow Adjustments	-	1	1	1	-1	-1
Net Cash Flow	944	-118	-105	276	399	176
Free Cash Flow	1,031	168	175	800	-300	-659
Free Cash Flow Growth	-	-4.00%	-78.13%	-	-	-
Free Cash Flow Margin	7.75%	1.32%	1.34%	6.37%	-2.78%	-5.83%
Free Cash Flow Per Share	564.98	92.05	95.87	438.22	-164.32	-360.93
Cash Interest Paid	30	27	22	26	29	18
Cash Income Tax Paid	26	45	138	30	23	36
Levered Free Cash Flow	802	57.63	32.75	887.25	-234.88	-19
Unlevered Free Cash Flow	820.75	74.5	46.5	903.5	-217.38	-7.75
Change in Working Capital	359	-179	-51	463	-206	-57

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