MEISEI INDUSTRIAL 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	11,855	8,548	6,901	5,641	6,742
Depreciation & Amortization	757	618	568	761	810
Loss (Gain) From Sale of Assets	-	-	356	-	-
Loss (Gain) From Sale of Investments	-29	-	-3	-	-
Other Operating Activities	-2,055	-2,470	-1,766	-2,174	-1,977
Change in Accounts Receivable	846	-1,471	-3,869	1,706	788
Change in Inventory	-180	23	-70	430	62
Change in Accounts Payable	-695	644	2,076	513	-1,792
Change in Other Net Operating Assets	-3,562	1,234	-125	294	532
Operating Cash Flow	6,937	7,126	4,068	7,171	5,165
Operating Cash Flow Growth	-2.65%	75.17%	-43.27%	38.84%	464.48%
Capital Expenditures	-2,000	-1,907	-935	-251	-788
Sale of Property, Plant & Equipment	549	-	-	-	-
Cash Acquisitions	5	-	-	-	-
Investment in Securities	200	-140	12	-107	-208
Other Investing Activities	357	158	96	349	464
Investing Cash Flow	-500	-1,889	-827	-9	-532
Long-Term Debt Issued	700	-	800	-	800
Total Debt Issued	700	-	800	-	800
Long-Term Debt Repaid	-700	-	-960	-60	-740
Total Debt Repaid	-700	-	-960	-60	-740
Net Debt Issued (Repaid)	-	-	-160	-60	60
Issuance of Common Stock	110	17	5	74	6
Repurchase of Common Stock	-1,714	-1,200	-	-1,128	-
Common Dividends Paid	-3,028	-1,900	-1,600	-1,542	-1,541
Other Financing Activities	-60	-5	16	-5	6
Financing Cash Flow	-4,692	-3,088	-1,739	-2,661	-1,469
Foreign Exchange Rate Adjustments	308	219	319	211	-72
Miscellaneous Cash Flow Adjustments	24	-1	-1	-	-2
Net Cash Flow	2,077	2,367	1,820	4,712	3,090
Free Cash Flow	4,937	5,219	3,133	6,920	4,377
Free Cash Flow Growth	-5.40%	66.58%	-54.73%	58.10%	983.42%
Free Cash Flow Margin	7.45%	8.64%	5.61%	14.30%	8.66%
Free Cash Flow Per Share	102.00	105.37	62.93	136.12	85.37
Cash Interest Paid	5	4	4	4	4
Cash Income Tax Paid	2,337	2,470	1,764	2,178	1,978
Levered Free Cash Flow	4,495	3,911	3,040	6,860	4,075
Unlevered Free Cash Flow	4,498	3,914	3,043	6,862	4,078
Change in Working Capital	-3,591	430	-1,988	2,943	-410

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