Shinnihon 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	18,369	17,671	17,225	15,583	13,927
Depreciation & Amortization	385	318	374	314	290
Other Operating Activities	-5,435	-5,471	-5,392	-4,762	-3,716
Change in Accounts Receivable	-5,844	1,234	1,652	612	4,781
Change in Inventory	461	-3,343	-8,317	-13,208	-6,707
Change in Accounts Payable	-6,237	909	2,370	2,360	-199
Change in Other Net Operating Assets	955	381	2,673	2,867	-1,371
Operating Cash Flow	2,654	11,699	10,585	3,766	7,005
Operating Cash Flow Growth	-77.31%	10.52%	181.07%	-46.24%	-2.71%
Capital Expenditures	-366	-202	-129	-71	-28
Sale (Purchase) of Intangibles	-64	-26	-39	-48	-146
Investment in Securities	-34,000	-	300	-	-231
Other Investing Activities	-4	-19	-9	-4	2
Investing Cash Flow	-34,434	-247	123	-123	-403
Common Dividends Paid	-3,733	-1,870	-1,286	-1,109	-1,111
Other Financing Activities	-7	-10	8	-20	-28
Financing Cash Flow	-3,740	-1,880	-1,278	-1,129	-1,139
Miscellaneous Cash Flow Adjustments	-	-	-	-1	-2
Net Cash Flow	-35,520	9,572	9,430	2,513	5,461
Free Cash Flow	2,288	11,497	10,456	3,695	6,977
Free Cash Flow Growth	-80.10%	9.96%	182.98%	-47.04%	-2.49%
Free Cash Flow Margin	1.74%	8.61%	9.19%	3.45%	6.86%
Free Cash Flow Per Share	39.12	196.56	178.85	63.21	119.34
Cash Interest Paid	-	-	-	-	5
Cash Income Tax Paid	5,436	5,474	5,394	4,765	3,716
Levered Free Cash Flow	-867.63	12,794	9,044	2,695	6,080
Unlevered Free Cash Flow	-867.63	12,794	9,044	2,695	6,083
Change in Working Capital	-10,665	-819	-1,622	-7,369	-3,496

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