HIROTA GROUP HOLDINGS 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	-323	-398	-541	26	-125	-200
Depreciation & Amortization	8	9	26	8	11	4
Loss (Gain) From Sale of Assets	7	7	156	-10	75	24
Loss (Gain) From Sale of Investments	-	-	-	-	-4	19
Other Operating Activities	4	-1	3	-7	-2	-2
Change in Accounts Receivable	-148	65	-69	-23	-24	8
Change in Inventory	-137	35	-28	-22	-20	3
Change in Accounts Payable	-51	-159	144	-13	23	-77
Change in Other Net Operating Assets	339	23	-	16	-77	9
Operating Cash Flow	-301	-419	-309	-25	-143	-212
Capital Expenditures	-9	-13	-128	-158	-15	-18
Sale of Property, Plant & Equipment	24	-	-	89	-	-4
Cash Acquisitions	-	-	-	-	-	42
Sale (Purchase) of Intangibles	-2	-2	-	-4	-2	-4
Investment in Securities	-	-	-	-	5	-
Other Investing Activities	37	-7	-57	-17	-18	25
Investing Cash Flow	50	-22	-185	-47	12	82
Short-Term Debt Issued	-	50	70	-	-	-
Long-Term Debt Issued	-	676	80	-	-	351
Total Debt Issued	-	726	150	-	-	351
Short-Term Debt Repaid	-	-8	-70	-	-	-
Long-Term Debt Repaid	-	-726	-116	-80	-99	-77
Total Debt Repaid	-396	-734	-186	-80	-99	-77
Net Debt Issued (Repaid)	-396	-8	-36	-80	-99	274
Issuance of Common Stock	742	742	273	-	594	-
Other Financing Activities	-19	-23	-23	-21	-19	-14
Financing Cash Flow	327	711	214	-101	476	260
Miscellaneous Cash Flow Adjustments	-	-1	-	-1	-1	-1
Net Cash Flow	76	269	-280	-174	344	129
Free Cash Flow	-310	-432	-437	-183	-158	-230
Free Cash Flow Margin	-15.29%	-18.46%	-18.49%	-8.07%	-7.22%	-11.70%
Free Cash Flow Per Share	-13.65	-23.54	-29.93	-12.81	-16.54	-27.76
Cash Interest Paid	12	14	7	7	8	9
Cash Income Tax Paid	11	2	-1	8	3	3
Levered Free Cash Flow	-204.63	-251.38	-295.13	-151.88	-107.75	-144.88
Unlevered Free Cash Flow	-199	-245.13	-290.13	-147.5	-102.75	-139.88
Change in Working Capital	3	-36	47	-42	-98	-57

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