Gakkyusha 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	2,609	2,668	2,770	2,293	1,719
Depreciation & Amortization	480	454	432	312	301
Loss (Gain) From Sale of Assets	139	46	26	94	54
Loss (Gain) From Sale of Investments	-107	-	-	8	-
Loss (Gain) on Equity Investments	-31	-38	-38	-49	120
Other Operating Activities	-725	-1,009	-768	-717	-419
Change in Accounts Receivable	-7	-5	16	20	9
Change in Inventory	15	1	-10	13	9
Change in Accounts Payable	-59	-75	179	-165	51
Change in Other Net Operating Assets	-68	157	-2	119	62
Operating Cash Flow	2,246	2,199	2,605	1,928	1,906
Operating Cash Flow Growth	2.14%	-15.58%	35.11%	1.15%	42.99%
Capital Expenditures	-537	-286	-819	-579	-676
Sale of Property, Plant & Equipment	-21	-15	-14	-40	-20
Cash Acquisitions	-	-	3	-10	-
Divestitures	1,062	-	-	-1	-
Sale (Purchase) of Intangibles	-30	-17	-28	-35	-18
Investment in Securities	-488	-	-	-	-
Other Investing Activities	-96	-3	-30	32	-31
Investing Cash Flow	-110	-321	-888	-628	-744
Short-Term Debt Issued	-	-	-	500	-
Long-Term Debt Issued	-	-	-	669	1,493
Total Debt Issued	-	-	-	1,169	1,493
Short-Term Debt Repaid	-	-	-500	-	-700
Long-Term Debt Repaid	-148	-213	-260	-1,683	-205
Total Debt Repaid	-148	-213	-760	-1,683	-905
Net Debt Issued (Repaid)	-148	-213	-760	-514	588
Repurchase of Common Stock	-	-225	-	-	-163
Common Dividends Paid	-942	-948	-873	-763	-719
Other Financing Activities	-159	-185	-169	-33	-
Financing Cash Flow	-1,249	-1,571	-1,802	-1,310	-294
Foreign Exchange Rate Adjustments	6	15	19	15	-5
Miscellaneous Cash Flow Adjustments	-1	-1	7	1	9
Net Cash Flow	892	321	-59	6	872
Free Cash Flow	1,709	1,913	1,786	1,349	1,230
Free Cash Flow Growth	-10.66%	7.11%	32.39%	9.68%	1117.82%
Free Cash Flow Margin	12.86%	14.49%	13.75%	10.90%	10.90%
Free Cash Flow Per Share	157.25	175.82	162.83	122.99	111.57
Cash Interest Paid	12	11	13	5	5
Cash Income Tax Paid	740	1,004	765	743	462
Levered Free Cash Flow	1,051	1,713	1,577	1,155	1,142
Unlevered Free Cash Flow	1,059	1,719	1,585	1,159	1,145
Change in Working Capital	-119	78	183	-13	131

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