Tokai Lease 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	1,569	1,027	291	552	559
Depreciation & Amortization	1,763	1,741	1,741	1,751	1,712
Loss (Gain) From Sale of Assets	-43	58	19	50	52
Loss (Gain) From Sale of Investments	-	-1	-	-	9
Other Operating Activities	-658	-35	-230	-162	-197
Change in Accounts Receivable	-1,302	-2,011	569	5,806	398
Change in Inventory	-60	-112	20	-595	-84
Change in Accounts Payable	-204	17	-45	560	-586
Change in Other Net Operating Assets	-37	507	37	-5,541	240
Operating Cash Flow	1,028	1,191	2,402	2,421	2,103
Operating Cash Flow Growth	-13.69%	-50.42%	-0.78%	15.12%	12.88%
Capital Expenditures	-2,167	-2,996	-1,955	-2,231	-2,073
Sale of Property, Plant & Equipment	287	-23	-	5	11
Investment in Securities	69	-574	24	1,216	86
Other Investing Activities	-11	4	4	-10	6
Investing Cash Flow	-1,822	-3,589	-1,927	-1,020	-1,970
Short-Term Debt Issued	-	1,074	-	-	-
Long-Term Debt Issued	6,410	3,840	4,109	3,960	4,420
Total Debt Issued	6,410	4,914	4,109	3,960	4,420
Short-Term Debt Repaid	-830	-	-346	-400	-930
Long-Term Debt Repaid	-4,011	-3,795	-3,850	-3,584	-3,189
Total Debt Repaid	-4,841	-3,795	-4,196	-3,984	-4,119
Net Debt Issued (Repaid)	1,569	1,119	-87	-24	301
Repurchase of Common Stock	-	-	-7	-	-
Common Dividends Paid	-347	-73	-280	-247	-207
Other Financing Activities	-264	542	-14	-353	-456
Financing Cash Flow	958	1,588	-388	-624	-362
Foreign Exchange Rate Adjustments	15	35	32	58	3
Miscellaneous Cash Flow Adjustments	-	-	-1	-	1
Net Cash Flow	179	-775	118	835	-225
Free Cash Flow	-1,139	-1,805	447	190	30
Free Cash Flow Growth	-	-	135.26%	533.33%	-
Free Cash Flow Margin	-6.19%	-10.51%	2.84%	1.16%	0.20%
Free Cash Flow Per Share	-329.47	-522.88	129.48	55.07	8.71
Cash Interest Paid	120	56	50	43	46
Cash Income Tax Paid	656	47	211	196	199
Levered Free Cash Flow	-1,209	-1,879	290.75	18.25	-224.38
Unlevered Free Cash Flow	-1,135	-1,844	322	45.13	-195.63
Change in Working Capital	-1,603	-1,599	581	230	-32

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