Ezaki Glico Cash Flow Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	8,099	12,212	19,943	13,936	20,806
Depreciation & Amortization	19,603	16,754	14,016	13,896	14,249
Loss (Gain) From Sale of Assets	3,741	417	1,140	931	14
Loss (Gain) From Sale of Investments	-1,510	-3,554	693	-1,356	1,234
Loss (Gain) on Equity Investments	-1,032	-973	-813	-460	-467
Other Operating Activities	-2,898	-8,580	-5,889	-7,666	-9,659
Change in Accounts Receivable	-147	36	-2,086	-1,285	1,566
Change in Inventory	-9,328	-6,621	-366	-4,084	1,034
Change in Accounts Payable	5,642	-960	1,251	3,271	-765
Change in Other Net Operating Assets	5,109	-6,919	174	-381	639
Operating Cash Flow	27,279	1,812	28,063	16,802	28,651
Operating Cash Flow Growth	1405.46%	-93.54%	67.02%	-41.36%	66.40%
Capital Expenditures	-10,126	-10,624	-11,821	-18,385	-16,554
Sale of Property, Plant & Equipment	109	461	24	44	801
Sale (Purchase) of Intangibles	-2,270	-6,851	-6,556	-7,312	-7,210
Investment in Securities	-2,311	4,287	7,646	3,892	-8,359
Other Investing Activities	2,760	2,654	2,071	1,608	2,096
Investing Cash Flow	-13,852	-10,255	-8,613	-20,140	-29,194
Short-Term Debt Repaid	-10	-26	-	-	-
Long-Term Debt Repaid	-	-30,000	-	-309	-268
Total Debt Repaid	-10	-30,026	-	-309	-268
Net Debt Issued (Repaid)	-10	-30,026	-	-309	-268
Issuance of Common Stock	-	-	-	238	325
Repurchase of Common Stock	-4	-6	-2	-5,002	-7
Common Dividends Paid	-5,729	-5,405	-5,087	-4,816	-4,545
Other Financing Activities	-1,294	-3,809	-1,090	-395	-364
Financing Cash Flow	-7,037	-39,246	-6,179	-10,284	-4,859
Foreign Exchange Rate Adjustments	1,737	9,280	1,504	4,076	2,416
Miscellaneous Cash Flow Adjustments	-1	328	-1	-	-
Net Cash Flow	8,126	-38,081	14,774	-9,546	-2,986
Free Cash Flow	17,153	-8,812	16,242	-1,583	12,097
Free Cash Flow Growth	-	-	-	-	91.68%
Free Cash Flow Margin	4.75%	-2.66%	4.88%	-0.52%	3.57%
Free Cash Flow Per Share	269.44	-138.51	255.42	-24.74	186.52
Cash Interest Paid	118	92	93	96	37
Cash Income Tax Paid	1,405	7,014	4,729	6,551	8,720
Levered Free Cash Flow	14,582	-7,212	8,245	-5,804	1,796
Unlevered Free Cash Flow	14,656	-7,154	8,304	-5,744	1,820
Change in Working Capital	1,276	-14,464	-1,027	-2,479	2,474

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.