MEISEI INDUSTRIAL 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	7,359	11,855	8,548	6,901	5,641
Depreciation & Amortization	988	757	618	568	761
Loss (Gain) From Sale of Assets	2,880	-	-	356	-
Loss (Gain) From Sale of Investments	-1,818	-29	-	-3	-
Other Operating Activities	-2,984	-2,055	-2,470	-1,766	-2,174
Change in Accounts Receivable	2,671	846	-1,471	-3,869	1,706
Change in Inventory	161	-180	23	-70	430
Change in Accounts Payable	-2,776	-695	644	2,076	513
Change in Other Net Operating Assets	16	-3,562	1,234	-125	294
Operating Cash Flow	6,497	6,937	7,126	4,068	7,171
Operating Cash Flow Growth	-6.34%	-2.65%	75.17%	-43.27%	38.84%
Capital Expenditures	-463	-2,000	-1,907	-935	-251
Sale of Property, Plant & Equipment	31	549	-	-	-
Cash Acquisitions	-	5	-	-	-
Investment in Securities	2,183	200	-140	12	-107
Other Investing Activities	534	357	158	96	349
Investing Cash Flow	2,285	-500	-1,889	-827	-9
Long-Term Debt Issued	100	700	-	800	-
Total Debt Issued	100	700	-	800	-
Long-Term Debt Repaid	-100	-700	-	-960	-60
Total Debt Repaid	-100	-700	-	-960	-60
Net Debt Issued (Repaid)	-	-	-	-160	-60
Issuance of Common Stock	5	110	17	5	74
Repurchase of Common Stock	-2,744	-1,714	-1,200	-	-1,128
Common Dividends Paid	-2,812	-3,028	-1,900	-1,600	-1,542
Other Financing Activities	-88	-60	-5	16	-5
Financing Cash Flow	-5,639	-4,692	-3,088	-1,739	-2,661
Foreign Exchange Rate Adjustments	104	308	219	319	211
Miscellaneous Cash Flow Adjustments	-	24	-1	-1	-
Net Cash Flow	3,247	2,077	2,367	1,820	4,712
Free Cash Flow	6,034	4,937	5,219	3,133	6,920
Free Cash Flow Growth	22.22%	-5.40%	66.58%	-54.73%	58.10%
Free Cash Flow Margin	10.01%	7.45%	8.64%	5.61%	14.30%
Free Cash Flow Per Share	128.41	102.00	105.37	62.93	136.12
Cash Interest Paid	7	5	4	4	4
Cash Income Tax Paid	3,271	2,337	2,470	1,764	2,178
Levered Free Cash Flow	6,152	4,495	3,911	3,040	6,860
Unlevered Free Cash Flow	6,156	4,498	3,914	3,043	6,862
Change in Working Capital	72	-3,591	430	-1,988	2,943

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