Sanwa Holdings 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	81,329	62,294	49,075	33,703	31,509
Depreciation & Amortization	16,185	16,076	14,786	12,951	11,574
Loss (Gain) From Sale of Assets	1,112	4,672	3,493	282	293
Loss (Gain) From Sale of Investments	-110	188	-4	-24	-1
Loss (Gain) on Equity Investments	-407	84	629	218	429
Other Operating Activities	-20,854	-16,075	-15,466	-11,302	-10,578
Change in Accounts Receivable	3,518	1,120	-13,235	-9,950	10,686
Change in Inventory	1,774	5,604	-10,501	-12,922	513
Change in Accounts Payable	-5,045	-5,005	2,172	8,722	-2,455
Change in Other Net Operating Assets	-560	3,469	3,476	-1,152	8,174
Operating Cash Flow	76,942	72,427	34,425	20,526	50,144
Operating Cash Flow Growth	6.23%	110.39%	67.71%	-59.07%	55.24%
Capital Expenditures	-15,656	-13,364	-10,041	-9,281	-8,770
Investment in Securities	716	-933	-3,157	-12,979	-3,541
Other Investing Activities	-15,396	-10,547	-2,757	830	116
Investing Cash Flow	-30,174	-24,819	-15,941	-21,353	-11,177
Short-Term Debt Issued	914	-	1,347	1,864	-
Long-Term Debt Issued	-	7,747	9,450	618	8,403
Total Debt Issued	914	7,747	10,797	2,482	8,403
Short-Term Debt Repaid	-	-3,432	-	-	-188
Long-Term Debt Repaid	-1,241	-8,572	-9,616	-21,299	-5,789
Total Debt Repaid	-1,241	-12,004	-9,616	-21,299	-5,977
Net Debt Issued (Repaid)	-327	-4,257	1,181	-18,817	2,426
Repurchase of Common Stock	-17,523	-4,887	82	45	28
Common Dividends Paid	-20,953	-13,704	-9,723	-7,511	-7,509
Other Financing Activities	-4,087	-3,396	-1,427	-1,080	-1,047
Financing Cash Flow	-42,890	-26,244	-9,887	-27,363	-6,102
Foreign Exchange Rate Adjustments	5,042	1,338	1,159	1,700	-572
Miscellaneous Cash Flow Adjustments	-1	339	-1	91	884
Net Cash Flow	8,919	23,041	9,755	-26,399	33,177
Free Cash Flow	61,286	59,063	24,384	11,245	41,374
Free Cash Flow Growth	3.76%	142.22%	116.84%	-72.82%	73.24%
Free Cash Flow Margin	9.25%	9.66%	4.15%	2.40%	9.69%
Free Cash Flow Per Share	281.75	267.19	110.07	50.77	186.84
Cash Interest Paid	1,383	959	403	486	541
Cash Income Tax Paid	20,712	20,987	15,676	11,285	10,708
Levered Free Cash Flow	46,888	41,896	15,034	7,118	40,867
Unlevered Free Cash Flow	47,684	42,653	15,418	7,399	41,188
Change in Working Capital	-313	5,188	-18,088	-15,302	16,918

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