Eslead 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	13,748	11,343	9,368	8,575	7,001
Depreciation & Amortization	554	547	415	337	264
Other Operating Activities	-4,071	-4,278	-3,146	-2,688	-2,350
Change in Accounts Receivable	339	-2,048	2,219	-715	-1,413
Change in Inventory	-41,809	-39,791	-20,871	-10,885	-11,341
Change in Accounts Payable	-3,392	2,211	-597	-5,236	5,775
Change in Other Net Operating Assets	-809	-197	-248	1,241	2,055
Operating Cash Flow	-35,440	-32,213	-12,860	-9,371	-9
Capital Expenditures	-855	-557	-2,954	-490	-777
Cash Acquisitions	-	-	-	-151	-
Sale (Purchase) of Intangibles	-20	-32	-2,051	-500	-12
Investment in Securities	-155	-9	193	94	-5
Other Investing Activities	-17	-5	-7	-13	-5
Investing Cash Flow	-1,047	-603	-4,819	-1,060	-799
Short-Term Debt Issued	350	1,615	1,578	328	138
Long-Term Debt Issued	83,174	50,116	33,417	25,238	25,708
Total Debt Issued	83,524	51,731	34,995	25,566	25,846
Long-Term Debt Repaid	-29,228	-27,402	-17,226	-18,416	-12,121
Total Debt Repaid	-29,228	-27,402	-17,226	-18,416	-12,121
Net Debt Issued (Repaid)	54,296	24,329	17,769	7,150	13,725
Common Dividends Paid	-2,699	-1,696	-925	-616	-616
Other Financing Activities	-258	-127	-136	-123	-119
Financing Cash Flow	51,339	22,506	16,708	6,411	12,990
Miscellaneous Cash Flow Adjustments	-1	-	-1	-	-1
Net Cash Flow	14,851	-10,310	-972	-4,020	12,181
Free Cash Flow	-36,295	-32,770	-15,814	-9,861	-786
Free Cash Flow Margin	-38.30%	-40.82%	-19.79%	-13.22%	-1.14%
Free Cash Flow Per Share	-2352.39	-2123.92	-1024.95	-639.12	-50.94
Cash Interest Paid	1,164	574	526	315	208
Cash Income Tax Paid	3,907	4,258	3,307	2,659	2,344
Levered Free Cash Flow	-37,445	-33,317	-19,248	-10,348	-1,101
Unlevered Free Cash Flow	-36,823	-32,994	-19,014	-10,169	-976.13
Change in Working Capital	-45,671	-39,825	-19,497	-15,595	-4,924

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