Toyo Securities Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	4,679	2,949	1,502	-2,840	1,073
Depreciation & Amortization, Total	307	215	144	515	452
Gain (Loss) On Sale of Investments	-1,411	-2,247	-73	-1,161	-484
Change in Other Net Operating Assets	-3,704	227	1,982	-1,303	-4,841
Other Operating Activities	-352	-319	-64	-129	-315
Operating Cash Flow	-499	853	3,491	-2,577	-4,071
Capital Expenditures	-407	-335	-540	-310	-2,663
Investment in Securities	2,224	2,252	614	1,905	1,087
Other Investing Activities	434	378	1,432	-1,517	1,646
Investing Cash Flow	2,345	2,295	1,506	78	70
Short-Term Debt Issued	600	2,900	550	-	-
Long-Term Debt Issued	800	300	-	-	4,000
Total Debt Issued	1,400	3,200	550	-	4,000
Short-Term Debt Repaid	-	-	-	-4,250	-4,000
Long-Term Debt Repaid	-	-	-2,500	-	-
Total Debt Repaid	-	-	-2,500	-4,250	-4,000
Net Debt Issued (Repaid)	1,400	3,200	-1,950	-4,250	-
Issuance of Common Stock	2	176	-	-	-
Repurchase of Common Stock	-	-8,000	17	106	11
Common Dividends Paid	-3,509	-833	-166	-500	-500
Other Financing Activities	-2	-3	-6	-7	-6
Financing Cash Flow	-2,109	-5,460	-2,105	-4,651	-495
Foreign Exchange Rate Adjustments	299	-74	327	210	850
Net Cash Flow	36	-2,385	3,220	-6,940	-3,646
Free Cash Flow	-906	518	2,951	-2,887	-6,734
Free Cash Flow Growth	-	-82.45%	-	-	-
Free Cash Flow Margin	-6.79%	4.66%	24.78%	-35.13%	-62.49%
Free Cash Flow Per Share	-13.34	6.73	36.98	-36.32	-85.32
Cash Interest Paid	179	155	86	100	72
Cash Income Tax Paid	354	329	57	103	315

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