Golf Do 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	158	62	-39	87	233	206
Depreciation & Amortization	136	123	123	151	82	62
Loss (Gain) From Sale of Assets	28	28	1	1	18	22
Other Operating Activities	3	52	-92	26	-116	-8
Change in Accounts Receivable	-38	-41	-33	176	-28	-12
Change in Inventory	-133	-136	16	-161	-322	84
Change in Accounts Payable	41	-31	34	-96	81	154
Change in Other Net Operating Assets	10	-2	29	26	1	72
Operating Cash Flow	205	55	39	210	-51	580
Operating Cash Flow Growth	-	41.03%	-81.43%	-	-	4733.33%
Capital Expenditures	-111	-50	-36	-95	-13	-16
Sale (Purchase) of Intangibles	-106	-171	-88	-70	-125	-23
Other Investing Activities	1	11	2	18	5	-147
Investing Cash Flow	-216	-209	-121	-120	-123	-177
Short-Term Debt Issued	-	230	70	-	-	3
Long-Term Debt Issued	-	640	460	300	200	340
Total Debt Issued	180	870	530	300	200	343
Short-Term Debt Repaid	-	-	-	-200	-	-
Long-Term Debt Repaid	-	-483	-422	-249	-200	-215
Total Debt Repaid	-259	-483	-422	-449	-200	-215
Net Debt Issued (Repaid)	-79	387	108	-149	-	128
Common Dividends Paid	-12	-12	-24	-12	-	-
Other Financing Activities	-	-1	-1	-1	-	1
Financing Cash Flow	-91	374	83	-162	-	129
Foreign Exchange Rate Adjustments	3	-	13	2	4	2
Miscellaneous Cash Flow Adjustments	2	-	1	1	-	-
Net Cash Flow	-97	220	15	-69	-170	534
Free Cash Flow	94	5	3	115	-64	564
Free Cash Flow Growth	-	66.67%	-97.39%	-	-	-
Free Cash Flow Margin	1.54%	0.08%	0.05%	1.90%	-1.12%	10.71%
Free Cash Flow Per Share	17.85	0.97	0.60	22.35	-12.51	112.52
Cash Interest Paid	19	16	10	12	12	16
Cash Income Tax Paid	45	-5	93	-21	117	11
Levered Free Cash Flow	-72.13	-238.25	-56	53.63	-325	435
Unlevered Free Cash Flow	-59.63	-228.88	-49.75	61.13	-316.88	445
Change in Working Capital	-120	-210	46	-55	-268	298

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