Honda Motor 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	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
Net Income	496,011	835,837	1,107,174	651,416	707,067	657,425
Depreciation & Amortization	559,816	532,817	564,809	721,630	611,063	624,239
Other Amortization	203,128	203,128	184,809	-	-	-
Asset Writedown & Restructuring Costs	87,659	6,918	44,748	-	-	-
Loss (Gain) on Equity Investments	-52,288	-982	-110,817	-117,445	-202,512	-272,734
Other Operating Activities	164,660	63,770	88,391	17,579	261,382	255,739
Change in Accounts Receivable	-116,011	69,199	-138,323	-155,924	-24,037	-133,788
Change in Inventory	98,966	-79,464	-67,833	-171,467	-208,895	68,281
Change in Accounts Payable	113,158	112,635	36,516	105,272	50,122	101,301
Change in Other Net Operating Assets	-818,110	-1,451,706	-962,196	1,077,961	485,432	-228,084
Operating Cash Flow	816,566	292,152	747,278	2,129,022	1,679,622	1,072,379
Operating Cash Flow Growth	70.52%	-60.91%	-64.90%	26.76%	56.63%	9.49%
Capital Expenditures	-568,179	-510,803	-348,680	-475,048	-268,143	-318,410
Sale of Property, Plant & Equipment	27,371	12,258	14,418	16,206	27,108	6,770
Cash Acquisitions	-	-	-	-	-	2,230
Divestitures	-	-	-18,544	740	-	-
Sale (Purchase) of Intangibles	-299,805	-336,632	-259,985	-157,440	-181,083	-232,727
Investment in Securities	-260	-106,789	-254,476	-62,518	46,062	-254,744
Investing Cash Flow	-840,873	-941,966	-867,267	-678,060	-376,056	-796,881
Short-Term Debt Issued	-	8,988,964	10,020,736	9,127,333	7,487,724	9,115,347
Long-Term Debt Issued	-	3,809,432	3,654,964	971,067	2,002,823	1,948,835
Total Debt Issued	13,138,476	12,798,396	13,675,700	10,098,400	9,490,547	11,064,182
Short-Term Debt Repaid	-	-8,648,271	-10,045,118	-8,684,799	-7,960,144	-9,294,859
Long-Term Debt Repaid	-	-2,736,663	-2,136,596	-2,460,487	-1,841,726	-1,866,057
Total Debt Repaid	-11,826,554	-11,384,934	-12,181,714	-11,145,286	-9,801,870	-11,160,916
Net Debt Issued (Repaid)	1,311,922	1,413,462	1,493,986	-1,046,886	-311,323	-96,734
Issuance of Common Stock	-	-	-	-	-	154
Repurchase of Common Stock	-1,100,292	-722,037	-250,009	-156,622	-62,180	-
Common Dividends Paid	-284,390	-347,805	-241,865	-213,475	-188,402	-145,090
Other Financing Activities	-73,012	-63,143	-83,466	-51,376	-53,813	-42,310
Financing Cash Flow	-145,772	280,477	918,646	-1,468,359	-615,718	-283,980
Foreign Exchange Rate Adjustments	101,048	-56,433	352,894	145,480	229,063	94,149
Net Cash Flow	-69,031	-425,770	1,151,551	128,083	916,911	85,667
Free Cash Flow	248,387	-218,651	398,598	1,653,974	1,411,479	753,969
Free Cash Flow Growth	675.12%	-	-75.90%	17.18%	87.21%	23.76%
Free Cash Flow Margin	1.16%	-1.01%	1.95%	9.78%	9.70%	5.73%
Free Cash Flow Per Share	60.09	-46.81	81.32	325.01	273.55	145.56
Cash Interest Paid	462,270	439,081	283,447	159,020	97,884	113,100
Cash Income Tax Paid	402,563	523,178	540,663	401,342	203,130	206,272
Levered Free Cash Flow	39,892	574,232	751,362	886,994	45,988	427,343
Unlevered Free Cash Flow	77,408	608,549	788,632	909,564	56,530	436,016
Change in Working Capital	-721,997	-1,349,336	-1,131,836	855,842	302,622	-192,290

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