NS United Kaiun Kaisha Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	21,740	22,496	32,860	29,069	7,351
Depreciation & Amortization	18,094	18,115	17,828	17,668	17,875
Loss (Gain) From Sale of Assets	-2,539	-251	662	-2,495	-4,466
Loss (Gain) From Sale of Investments	-187	-59	-73	32	6
Loss (Gain) on Equity Investments	-17	-28	-12	-5	-12
Other Operating Activities	-3,670	-6,907	-7,641	-1,060	-434
Change in Accounts Receivable	493	-3,351	-3,212	-9,303	-1,129
Change in Inventory	153	-543	-1,232	-4,692	-1,578
Change in Accounts Payable	-538	889	1,405	1,570	4,683
Change in Other Net Operating Assets	1,322	654	2,345	2,097	358
Operating Cash Flow	34,851	31,015	42,930	32,881	22,654
Operating Cash Flow Growth	12.37%	-27.75%	30.56%	45.14%	34.01%
Capital Expenditures	-18,540	-13,312	-6,153	-5,564	-41,331
Sale of Property, Plant & Equipment	10,653	326	4,013	5,708	16,278
Investment in Securities	94	-123	167	-4	38
Other Investing Activities	-453	50	15	-1	3
Investing Cash Flow	-8,246	-13,059	-1,958	139	-25,012
Short-Term Debt Issued	-	-	-	-	300
Long-Term Debt Issued	5,946	14,526	2,346	11,035	51,963
Total Debt Issued	5,946	14,526	2,346	11,035	52,263
Short-Term Debt Repaid	-230	-70	-	-300	-
Long-Term Debt Repaid	-17,287	-20,053	-21,880	-36,887	-40,329
Total Debt Repaid	-17,517	-20,123	-21,880	-37,187	-40,329
Net Debt Issued (Repaid)	-11,571	-5,597	-19,534	-26,152	11,934
Repurchase of Common Stock	-	-1	-1	-1	-
Common Dividends Paid	-6,240	-6,468	-8,476	-3,414	-1,532
Other Financing Activities	-	-1	-4,381	-348	-351
Financing Cash Flow	-17,811	-12,067	-32,392	-29,915	10,051
Foreign Exchange Rate Adjustments	-78	915	468	495	166
Miscellaneous Cash Flow Adjustments	-	1	1	3	-
Net Cash Flow	8,716	6,805	9,049	3,603	7,859
Free Cash Flow	16,311	17,703	36,777	27,317	-18,677
Free Cash Flow Growth	-7.86%	-51.86%	34.63%	-	-
Free Cash Flow Margin	6.59%	7.60%	14.66%	13.94%	-13.49%
Free Cash Flow Per Share	692.15	751.21	1560.58	1159.15	-792.52
Cash Interest Paid	1,704	1,583	1,171	1,350	1,445
Cash Income Tax Paid	3,644	6,910	7,661	1,070	528
Levered Free Cash Flow	9,707	12,662	28,020	20,994	-17,860
Unlevered Free Cash Flow	10,755	13,653	28,765	21,809	-16,965
Change in Working Capital	1,430	-2,351	-694	-10,328	2,334

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