Morinaga&Co., Ltd. (TYO:2201)

Morinaga&Co. Cash Flow Statement

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

Operating Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	25,327	24,284	20,576	13,884	39,216
Depreciation & Amortization	10,160	9,918	9,492	10,185	10,130
Loss (Gain) From Sale of Assets	104	1,127	1,235	2,175	787
Loss (Gain) From Sale of Investments	-2,923	-3,306	-782	-274	-21,951
Loss (Gain) on Equity Investments	216	184	-	-4	25
Other Operating Activities	-4,722	-10,126	1,664	-15,159	-2,399
Change in Accounts Receivable	-653	3,706	-6,689	-1,128	-2,127
Change in Inventory	-2,229	-8,534	3,293	-7,138	-3,752
Change in Accounts Payable	-963	-1,636	68	2,171	2,039
Change in Other Net Operating Assets	-680	-4,854	1,317	-7,678	2,857
Operating Cash Flow	23,637	10,763	30,174	-2,966	24,825
Operating Cash Flow Growth	119.61%	-64.33%	-	-	104.71%

Investing Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-16,986	-13,579	-9,091	-13,304	-15,307
Sale of Property, Plant & Equipment	1,050	480	7,666	176	369
Cash Acquisitions	-	-598	-	-	-
Sale (Purchase) of Intangibles	-714	-2,318	-1,382	-282	-15
Investment in Securities	3,232	6,901	-1,246	188	24,602
Other Investing Activities	-756	-598	-1,292	-987	-337
Investing Cash Flow	-14,289	-9,837	-5,345	-14,209	9,312

Financing Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Short-Term Debt Issued	3,000	-	-	-	-
Long-Term Debt Issued	500	-	-	18,948	-
Total Debt Issued	3,500	-	-	18,948	-
Long-Term Debt Repaid	-3,500	-	-	-10,000	-
Total Debt Repaid	-3,500	-	-	-10,000	-
Net Debt Issued (Repaid)	-	-	-	8,948	-
Issuance of Common Stock	-	81	-	20	51
Repurchase of Common Stock	-4,754	-12,460	-8,685	-11,250	-1,467
Common Dividends Paid	-7,893	-4,987	-4,712	-4,497	-4,025
Other Financing Activities	-589	-642	-676	-569	-502
Financing Cash Flow	-13,236	-18,008	-14,073	-7,348	-5,943

Net Cash Flow

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Foreign Exchange Rate Adjustments	1,100	826	267	454	384
Miscellaneous Cash Flow Adjustments	-2,330	-	1	1	-
Net Cash Flow	-5,118	-16,256	11,024	-24,068	28,578

Free Cash Flow

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	6,651	-2,816	21,083	-16,270	9,518
Free Cash Flow Growth	-	-	-	-	-
Free Cash Flow Margin	2.81%	-1.23%	9.88%	-8.37%	5.25%
Free Cash Flow Per Share	79.02	-31.94	230.39	-168.82	94.69
Levered Free Cash Flow	3,290	-10,804	21,625	-12,565	7,700
Unlevered Free Cash Flow	3,373	-10,733	21,690	-12,498	7,721

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	115	108	104	34	33
Cash Income Tax Paid	5,049	10,123	-1,052	15,290	2,400
Change in Working Capital	-4,525	-11,318	-2,011	-13,773	-983

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 17, 2026

Data Sources Report a data error