Hokuto 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
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	6,031	5,017	-2,188	3,661
Depreciation & Amortization	5,563	6,189	7,252	6,977
Loss (Gain) From Sale of Assets	151	-	363	-
Loss (Gain) From Sale of Investments	-	-	-32	-
Other Operating Activities	-1,115	-185	-1,135	-2,122
Change in Accounts Receivable	866	-1,628	-318	-7
Change in Inventory	-68	393	-854	-338
Change in Accounts Payable	-93	-345	742	-1
Change in Other Net Operating Assets	887	-1,066	845	-2,319
Operating Cash Flow	12,222	8,375	4,675	5,851
Operating Cash Flow Growth	45.93%	79.14%	-20.10%	-44.12%
Capital Expenditures	-1,655	-2,219	-1,577	-10,396
Sale of Property, Plant & Equipment	8	274	3	5
Cash Acquisitions	-	-	-628	-
Investment in Securities	-7,226	2,772	-1,771	-998
Other Investing Activities	-139	219	-174	-219
Investing Cash Flow	-9,012	1,046	-4,147	-11,608
Short-Term Debt Issued	1,000	11,000	5,130	13,000
Long-Term Debt Issued	10,899	6,090	5,000	11,000
Total Debt Issued	11,899	17,090	10,130	24,000
Short-Term Debt Repaid	-6,000	-6,017	-3,000	-12,010
Long-Term Debt Repaid	-5,168	-18,694	-4,493	-7,269
Total Debt Repaid	-11,168	-24,711	-7,493	-19,279
Net Debt Issued (Repaid)	731	-7,621	2,637	4,721
Issuance of Common Stock	40	114	210	201
Repurchase of Common Stock	-880	-1	-49	-1
Common Dividends Paid	-1,590	-1,273	-1,909	-1,908
Other Financing Activities	-22	-8	-1	-1
Financing Cash Flow	-1,721	-8,789	888	3,012
Foreign Exchange Rate Adjustments	-56	334	231	310
Miscellaneous Cash Flow Adjustments	-2	624	1	1
Net Cash Flow	1,431	1,590	1,648	-2,434
Free Cash Flow	10,567	6,156	3,098	-4,545
Free Cash Flow Growth	71.65%	98.71%	-	-
Free Cash Flow Margin	12.72%	7.75%	4.25%	-6.41%
Free Cash Flow Per Share	290.41	185.77	97.99	-125.63
Cash Interest Paid	115	125	92	75
Cash Income Tax Paid	975	471	1,149	2,124
Levered Free Cash Flow	10,255	5,163	3,621	-4,278
Unlevered Free Cash Flow	10,331	5,245	3,685	-4,229
Change in Working Capital	1,592	-2,646	415	-2,665

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