HIROTA GROUP HOLDINGS Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	-31	-398	-541	26	-125
Depreciation & Amortization	5	9	26	8	11
Loss (Gain) From Sale of Assets	8	7	156	-10	75
Loss (Gain) From Sale of Investments	-73	-	-	-	-4
Other Operating Activities	2	-1	3	-7	-2
Change in Accounts Receivable	-33	65	-69	-23	-24
Change in Inventory	-83	35	-28	-22	-20
Change in Accounts Payable	-66	-159	144	-13	23
Change in Other Net Operating Assets	167	23	-	16	-77
Operating Cash Flow	-104	-419	-309	-25	-143
Capital Expenditures	-12	-13	-128	-158	-15
Sale of Property, Plant & Equipment	24	-	-	89	-
Divestitures	-9	-	-	-	-
Sale (Purchase) of Intangibles	-	-2	-	-4	-2
Investment in Securities	-	-	-	-	5
Other Investing Activities	40	-7	-57	-17	-18
Investing Cash Flow	43	-22	-185	-47	12
Short-Term Debt Issued	-	50	70	-	-
Long-Term Debt Issued	78	676	80	-	-
Total Debt Issued	78	726	150	-	-
Short-Term Debt Repaid	-43	-8	-70	-	-
Long-Term Debt Repaid	-117	-726	-116	-80	-99
Total Debt Repaid	-160	-734	-186	-80	-99
Net Debt Issued (Repaid)	-82	-8	-36	-80	-99
Issuance of Common Stock	-	742	273	-	594
Other Financing Activities	-8	-23	-23	-21	-19
Financing Cash Flow	-90	711	214	-101	476
Miscellaneous Cash Flow Adjustments	1	-1	-	-1	-1
Net Cash Flow	-150	269	-280	-174	344
Free Cash Flow	-116	-432	-437	-183	-158
Free Cash Flow Margin	-6.86%	-18.46%	-18.49%	-8.07%	-7.22%
Free Cash Flow Per Share	-4.41	-23.54	-29.93	-12.81	-16.54
Cash Interest Paid	7	14	7	7	8
Cash Income Tax Paid	17	2	-1	8	3
Levered Free Cash Flow	-115.13	-251.38	-295.13	-151.88	-107.75
Unlevered Free Cash Flow	-110.13	-245.13	-290.13	-147.5	-102.75
Change in Working Capital	-15	-36	47	-42	-98