TOYO Corporation Cash Flow Statement

Financials in millions JPY. Fiscal year is October - September.

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Net Income	1,956	3,320	2,242	2,824	2,570
Depreciation & Amortization	1,178	1,151	872	941	968
Loss (Gain) From Sale of Assets	-15	68	7,154	-51	-
Loss (Gain) From Sale of Investments	44	-10	-396	-	-401
Loss (Gain) on Equity Investments	-	15	1	18	14
Other Operating Activities	-929	-637	-390	-868	3,432
Change in Accounts Receivable	752	-1,321	-130	-729	23
Change in Inventory	239	713	-1,441	-665	-814
Change in Accounts Payable	37	-77	-117	335	40
Change in Other Net Operating Assets	-1,067	888	-7,900	20	218
Operating Cash Flow	2,195	4,110	-105	1,825	6,050
Operating Cash Flow Growth	-46.59%	-	-	-69.84%	183.90%
Capital Expenditures	-469	-1,575	-1,391	-7,137	-269
Sale of Property, Plant & Equipment	131	45	66	27	17
Cash Acquisitions	-	-1,598	-288	-	-
Divestitures	-	-	-	10	-
Sale (Purchase) of Intangibles	-407	-400	-479	-511	-317
Investment in Securities	-	603	3,820	5,845	-4,840
Other Investing Activities	-25	33	82	31	81
Investing Cash Flow	-770	-2,892	1,810	-1,735	-5,328
Short-Term Debt Issued	700	1,959	-	-	-
Total Debt Issued	700	1,959	-	-	-
Net Debt Issued (Repaid)	700	1,959	-	-	-
Repurchase of Common Stock	-100	-1,420	-1,661	-372	-1,131
Common Dividends Paid	-1,572	-1,275	-1,202	-1,112	-981
Other Financing Activities	-	-	-1	-1	-39
Financing Cash Flow	-972	-736	-2,864	-1,485	-2,151
Foreign Exchange Rate Adjustments	113	-49	30	185	45
Miscellaneous Cash Flow Adjustments	-	-1	1	2	1
Net Cash Flow	566	432	-1,128	-1,208	-1,383
Free Cash Flow	1,726	2,535	-1,496	-5,312	5,781
Free Cash Flow Growth	-31.91%	-	-	-	238.86%
Free Cash Flow Margin	5.30%	7.23%	-5.31%	-20.05%	24.59%
Free Cash Flow Per Share	79.86	112.99	-65.46	-223.03	234.77
Cash Interest Paid	17	5	-	-	2
Cash Income Tax Paid	934	701	417	880	786
Levered Free Cash Flow	1,356	-2,367	1,537	-5,676	1,207
Unlevered Free Cash Flow	1,367	-2,363	1,537	-5,676	1,208
Change in Working Capital	-39	203	-9,588	-1,039	-533

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