ASNOVA 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 2019	FY 2018
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '19 Mar 31, 2019	Mar '18 Mar 31, 2018
Net Income	70	324	212	-	-
Depreciation & Amortization	1,817	1,506	1,207	-	-
Loss (Gain) From Sale of Assets	16	-	-	-	-
Other Operating Activities	-181	-5	-192	-	-
Change in Accounts Receivable	-17	-149	-70	-	-
Change in Inventory	-80	-25	-10	-	-
Change in Accounts Payable	20	-8	-20	-	-
Change in Other Net Operating Assets	-164	87	-209	-	-
Operating Cash Flow	1,481	1,730	918	-	-
Operating Cash Flow Growth	-14.39%	88.45%	-	-	-
Capital Expenditures	-2,982	-3,107	-2,559	-	-
Sale of Property, Plant & Equipment	8	16	52	-	-
Sale (Purchase) of Intangibles	-10	-8	-50	-	-
Other Investing Activities	22	-10	-5	-	-
Investing Cash Flow	-2,962	-3,109	-2,562	-	-
Short-Term Debt Issued	1,400	-	200	-	-
Long-Term Debt Issued	4,200	3,060	2,200	-	-
Total Debt Issued	5,600	3,060	2,400	-	-
Long-Term Debt Repaid	-1,843	-1,434	-1,056	-	-
Net Debt Issued (Repaid)	3,757	1,626	1,344	-	-
Issuance of Common Stock	-	50	268	-	-
Common Dividends Paid	-24	-24	-10	-	-
Other Financing Activities	-9	-17	-17	-	-
Financing Cash Flow	3,724	1,635	1,585	-	-
Foreign Exchange Rate Adjustments	1	1	-12	-	-
Miscellaneous Cash Flow Adjustments	-	1	1	-	-
Net Cash Flow	2,244	258	-70	-	-
Free Cash Flow	-1,501	-1,377	-1,641	-	-
Free Cash Flow Margin	-35.19%	-36.38%	-52.24%	-	-
Free Cash Flow Per Share	-120.68	-111.36	-134.00	-	-
Cash Interest Paid	39	17	11	-	-
Cash Income Tax Paid	187	7	190	-	-
Levered Free Cash Flow	-1,455	-1,246	-	-	-
Unlevered Free Cash Flow	-1,426	-1,234	-	-	-
Change in Working Capital	-241	-95	-309	-	-

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