Shinnihon Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	15,224	18,369	17,671	17,225	15,583
Depreciation & Amortization	483	385	318	374	314
Other Operating Activities	-122	-5,435	-5,471	-5,392	-4,762
Change in Accounts Receivable	5,617	-5,844	1,234	1,652	612
Change in Inventory	-4,462	461	-3,343	-8,317	-13,208
Change in Accounts Payable	-2,580	-6,237	909	2,370	2,360
Change in Unearned Revenue	3,163	-	-	-	-
Change in Other Net Operating Assets	-79	955	381	2,673	2,867
Operating Cash Flow	17,244	2,654	11,699	10,585	3,766
Operating Cash Flow Growth	549.74%	-77.31%	10.52%	181.07%	-46.24%
Capital Expenditures	-526	-366	-202	-129	-71
Sale (Purchase) of Intangibles	-25	-64	-26	-39	-48
Investment in Securities	-7,000	-34,000	-	300	-
Other Investing Activities	-4	-4	-19	-9	-4
Investing Cash Flow	-7,555	-34,434	-247	123	-123
Common Dividends Paid	-3,513	-3,733	-1,870	-1,286	-1,109
Other Financing Activities	-4	-7	-10	8	-20
Financing Cash Flow	-3,517	-3,740	-1,880	-1,278	-1,129
Miscellaneous Cash Flow Adjustments	-1	-	-	-	-1
Net Cash Flow	6,171	-35,520	9,572	9,430	2,513
Free Cash Flow	16,718	2,288	11,497	10,456	3,695
Free Cash Flow Growth	630.68%	-80.10%	9.96%	182.98%	-47.04%
Free Cash Flow Margin	12.08%	1.74%	8.61%	9.19%	3.45%
Free Cash Flow Per Share	285.83	39.12	196.56	178.85	63.21
Cash Income Tax Paid	5,604	5,436	5,474	5,394	4,765
Levered Free Cash Flow	-	-867.63	12,794	9,044	2,695
Unlevered Free Cash Flow	-	-867.63	12,794	9,044	2,695
Change in Working Capital	1,659	-10,665	-819	-1,622	-7,369