FRA:108 Cash Flow Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	31,828	16,251	62,745	22,539	44,765	29,771
Depreciation & Amortization	79,115	83,168	78,559	75,348	67,724	67,665
Loss (Gain) From Sale of Assets	1,147	46,271	12,240	5,851	1,628	4,892
Loss (Gain) on Equity Investments	-106	-49	-27	-73	-88	-68
Other Operating Activities	-19,751	-27,150	-20,493	-16,413	-16,431	-9,105
Change in Accounts Receivable	1,632	2,996	545	-875	-10,882	5,991
Change in Inventory	-3,488	-20,598	26,586	-51,758	-61,734	25,027
Change in Accounts Payable	-6,061	-990	-2,938	10,205	33,121	-1,993
Change in Other Net Operating Assets	37,867	4,426	12,583	-16,955	4,987	1,324
Operating Cash Flow	123,555	104,325	169,800	27,869	63,090	123,504
Operating Cash Flow Growth	-2.48%	-38.56%	509.28%	-55.83%	-48.92%	35.04%
Capital Expenditures	-56,990	-56,797	-63,295	-67,324	-47,726	-41,681
Sale of Property, Plant & Equipment	69	388	1,126	555	1,068	177
Sale (Purchase) of Intangibles	-119,331	-15,440	-8,997	-7,591	-5,273	-4,328
Investment in Securities	7,197	4,758	6,816	238	-169	313
Other Investing Activities	5,186	2,432	2,114	-4,585	-1,956	-72
Investing Cash Flow	-163,869	-64,659	-62,230	-78,697	-54,023	-45,594
Short-Term Debt Issued	-	43,997	-	17,584	20,901	-
Long-Term Debt Issued	-	-	6,237	75,234	37,002	39,921
Total Debt Issued	114,934	43,997	6,237	92,818	57,903	39,921
Short-Term Debt Repaid	-	-	-42,516	-	-	-58,854
Long-Term Debt Repaid	-	-35,000	-34,305	-23,096	-41,048	-22,012
Total Debt Repaid	-26,361	-35,000	-76,821	-23,096	-41,048	-80,866
Net Debt Issued (Repaid)	88,573	8,997	-70,584	69,722	16,855	-40,945
Repurchase of Common Stock	-	-	-	-	-8	-2
Common Dividends Paid	-16,793	-21,561	-5,264	-13,148	-15,776	-7,890
Other Financing Activities	-2,419	-23,059	-19,720	-15,018	-14,403	-13,044
Financing Cash Flow	69,361	-35,623	-95,568	41,556	-13,332	-61,881
Foreign Exchange Rate Adjustments	2,877	6,088	5,336	8,025	5,155	-2,457
Miscellaneous Cash Flow Adjustments	220	-	-933	-	-	-
Net Cash Flow	32,144	10,131	16,405	-1,247	890	13,572
Free Cash Flow	66,565	47,528	106,505	-39,455	15,364	81,823
Free Cash Flow Growth	-0.55%	-55.38%	-	-	-81.22%	152.62%
Free Cash Flow Margin	5.55%	3.92%	9.05%	-3.59%	1.64%	10.35%
Free Cash Flow Per Share	253.14	180.70	404.94	-150.02	58.42	311.11
Cash Interest Paid	7,062	6,960	6,274	3,454	2,461	3,572
Cash Income Tax Paid	14,229	27,474	20,723	16,483	16,758	9,178
Levered Free Cash Flow	-54,166	36,632	81,355	-57,971	-6,549	84,985
Unlevered Free Cash Flow	-43,546	41,188	85,365	-55,698	-4,801	87,268
Change in Working Capital	29,950	-14,166	36,776	-59,383	-34,508	30,349

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