The Towa Bank 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	2020 - 2016
Period Ending	Dec '25 Dec 31, 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	2020 - 2016
Net Income	-	6,148	4,298	4,993	3,422	3,946	Upgrade
Depreciation & Amortization	-	2,070	1,626	1,562	1,427	1,355	Upgrade
Gain (Loss) on Sale of Assets	-	240	36	-1,006	290	147	Upgrade
Gain (Loss) on Sale of Investments	-	1,173	-148	226	-2,576	-1,653	Upgrade
Change in Trading Asset Securities	-	-	-	-	-	14	Upgrade
Change in Other Net Operating Assets	-	-28,122	-12,625	-217,246	-25,298	53,909	Upgrade
Other Operating Activities	-	-186	-632	-6,352	-3,396	-2,534	Upgrade
Operating Cash Flow	-	-18,677	-7,445	-217,823	-26,131	55,184	Upgrade
Capital Expenditures	-	-2,621	-1,358	-1,080	-598	-1,248	Upgrade
Sale of Property, Plant and Equipment	-	-	-	1,414	339	53	Upgrade
Investment in Securities	-	8,763	9,992	16,836	-9,757	-30,421	Upgrade
Purchase / Sale of Intangibles	-	-981	-1,190	-758	-899	-1,704	Upgrade
Other Investing Activities	-	998	-19	5,976	-	-78	Upgrade
Investing Cash Flow	-	6,159	7,425	22,388	-10,915	-33,398	Upgrade
Repurchase of Common Stock	-	-16,478	-	-1	-	-177	Upgrade
Common Dividends Paid	-	-1,502	-1,119	-1,118	-1,298	-1,670	Upgrade
Net Increase (Decrease) in Deposit Accounts	-	2,776	8,386	8,436	31,129	123,034	Upgrade
Other Financing Activities	-	-1	-1	-	-1	-1	Upgrade
Financing Cash Flow	-	-15,205	7,266	7,317	29,830	121,186	Upgrade
Net Cash Flow	-	-27,723	7,246	-188,118	-7,215	142,971	Upgrade
Free Cash Flow	-	-21,298	-8,803	-218,903	-26,729	53,936	Upgrade
Free Cash Flow Margin	-	-59.62%	-27.51%	-691.05%	-88.03%	168.57%	Upgrade
Free Cash Flow Per Share	-	-532.42	-139.63	-3352.78	-416.94	908.93	Upgrade
Cash Income Tax Paid	-	826	-270	844	1,433	2,560	Upgrade

Source: S&P Capital IQ. Banks template. Financial Sources.