Sunwels 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	-2,614	-316	1,668	654	101	-
Depreciation & Amortization	1,652	1,384	797	493	311	-
Loss (Gain) From Sale of Assets	3	3	-	6	2	-
Other Operating Activities	-898	-1,817	-580	-60	-90	-
Change in Accounts Receivable	378	-80	-1,310	-1,060	-607	-
Change in Inventory	-3	-2	-	15	-22	-
Change in Accounts Payable	192	566	637	392	267	-
Change in Other Net Operating Assets	1,289	2,145	1,345	700	416	-
Operating Cash Flow	-1	1,883	2,557	1,140	378	-
Operating Cash Flow Growth	-	-26.36%	124.30%	201.59%	-	-
Capital Expenditures	-2,146	-4,207	-5,489	-1,881	-452	-
Sale (Purchase) of Intangibles	-7	-7	-3	-	-4	-
Other Investing Activities	-169	-182	-170	-160	-177	-
Investing Cash Flow	-2,322	-4,396	-5,662	-2,041	-633	-
Short-Term Debt Issued	-	-	2,700	-	1,040	-
Long-Term Debt Issued	-	4,500	1,900	611	-	-
Total Debt Issued	-	4,500	4,600	611	1,040	-
Short-Term Debt Repaid	-	-2,740	-	-840	-	-
Long-Term Debt Repaid	-	-932	-320	-646	-321	-
Total Debt Repaid	-1,193	-3,672	-320	-1,486	-321	-
Net Debt Issued (Repaid)	-1,193	828	4,280	-875	719	-
Issuance of Common Stock	-	4,574	39	3,933	-	-
Common Dividends Paid	-	-241	-310	-214	-84	-
Other Financing Activities	1,025	-319	-208	-148	-62	-
Financing Cash Flow	-168	4,842	3,801	2,696	573	-
Miscellaneous Cash Flow Adjustments	2	1	-	-	-	-
Net Cash Flow	-2,489	2,330	696	1,795	318	-
Free Cash Flow	-2,147	-2,324	-2,932	-741	-74	-
Free Cash Flow Margin	-8.01%	-8.77%	-14.58%	-5.60%	-0.91%	-
Free Cash Flow Per Share	-66.20	-73.10	-96.50	-78.98	-9.56	-
Cash Interest Paid	931	811	644	357	154	-
Cash Income Tax Paid	496	1,315	643	169	98	-
Levered Free Cash Flow	-189.75	-2,728	-3,686	-1,120	-316.88	-
Unlevered Free Cash Flow	426.5	-2,219	-3,289	-887.75	-216.88	-
Change in Working Capital	1,856	2,629	672	47	54	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.