NEC Corporation 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	245,907	239,771	185,011	167,671	144,436	149,606
Depreciation & Amortization	156,951	158,437	187,700	183,298	180,539	116,735
Other Amortization	-	-	-	-	-	50,878
Loss (Gain) From Sale of Assets	-	9,590	4,735	6,857	985	-
Asset Writedown & Restructuring Costs	9,541	-	-	-	-	4,035
Loss (Gain) From Sale of Investments	-	-	-	-	-	-3,365
Loss (Gain) on Equity Investments	-3,152	10,103	-5,267	-3,949	-5,384	-4,994
Other Operating Activities	-220,528	-40,251	-46,234	-31,365	-49,121	-20,353
Change in Accounts Receivable	71,435	-55,795	-64,754	-77,305	25,469	-16,019
Change in Inventory	22,903	52,731	-6,658	-23,428	-58,848	19,249
Change in Accounts Payable	-8,334	-12,579	24,224	41,114	-27,434	4,926
Change in Unearned Revenue	15,575	-	-	-	-	24,652
Change in Other Net Operating Assets	168,522	-17,599	-7,529	-110,766	-63,125	-50,443
Operating Cash Flow	458,820	344,408	271,228	152,127	147,517	274,907
Operating Cash Flow Growth	55.41%	26.98%	78.29%	3.13%	-46.34%	4.98%
Capital Expenditures	-131,554	-126,410	-75,176	-56,391	-56,949	-59,307
Sale of Property, Plant & Equipment	6,951	8,701	7,656	12,387	15,373	41,761
Cash Acquisitions	-4,422	-6,673	-1,087	-7,133	-12,351	-202,588
Divestitures	13,821	15,384	-6,890	11,630	7,183	5,575
Sale (Purchase) of Intangibles	-21,788	-24,215	-24,591	-21,323	-14,157	-11,629
Investment in Securities	99,620	1,590	16,309	17,088	6,764	102,705
Other Investing Activities	-4,766	459	7,764	-5,849	-9,240	992
Investing Cash Flow	-42,138	-131,164	-76,015	-49,591	-63,377	-122,491
Short-Term Debt Issued	-	134,217	-	-	38,696	-
Long-Term Debt Issued	-	31,962	40,000	150,000	382	134,181
Total Debt Issued	85,832	166,179	40,000	150,000	39,078	134,181
Short-Term Debt Repaid	-	-	-21,345	-39,978	-	-47,333
Long-Term Debt Repaid	-	-61,231	-86,696	-104,550	-137,650	-156,539
Total Debt Repaid	-272,752	-61,231	-108,041	-144,528	-137,650	-203,872
Net Debt Issued (Repaid)	-186,920	104,948	-68,041	5,472	-98,572	-69,691
Issuance of Common Stock	470	470	567	865	243	64,132
Repurchase of Common Stock	-	-	-74	-30,547	-	-
Common Dividends Paid	-40,048	-34,682	-30,655	-28,522	-27,259	-21,296
Other Financing Activities	-239,793	-174,710	-57,305	-70,054	-64,028	28,249
Financing Cash Flow	-466,291	-103,974	-155,508	-122,786	-189,616	1,394
Foreign Exchange Rate Adjustments	10,041	-1,145	17,323	8,934	12,909	6,122
Miscellaneous Cash Flow Adjustments	-	-	-	-	-	4,161
Net Cash Flow	-39,568	108,125	57,028	-11,316	-92,567	164,093
Free Cash Flow	327,266	217,998	196,052	95,736	90,568	215,600
Free Cash Flow Growth	47.60%	11.19%	104.78%	5.71%	-57.99%	14.05%
Free Cash Flow Margin	9.29%	6.37%	5.64%	2.89%	3.00%	7.20%
Free Cash Flow Per Share	245.58	163.63	147.18	70.99	66.48	160.59
Cash Interest Paid	9,015	9,098	10,980	7,418	8,508	7,813
Cash Income Tax Paid	97,394	47,109	52,748	37,407	39,962	24,464
Levered Free Cash Flow	-	195,496	253,516	126,423	108,457	257,348
Unlevered Free Cash Flow	-	201,411	261,111	131,423	113,477	262,677
Change in Working Capital	270,101	-33,242	-54,717	-170,385	-123,938	-17,635

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