Asahi Group Holdings, Ltd. (TYO:2502)
Japan · Delayed Price · Currency is JPY 1,680.50
+9.00 (0.54%)
Aug 21, 2026, 3:30 PM JST
Asahi Group Holdings Cash Flow Statement
Financials in millions JPY. Fiscal year is January - December.
Millions JPY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | 230,676 | 179,281 | 266,990 | 241,871 | 205,992 | 199,826 |
Depreciation & Amortization | 171,400 | 163,087 | 157,935 | 147,992 | 140,419 | 134,815 |
Loss (Gain) From Sale of Assets | -12,849 | 31,726 | -8,567 | 5,747 | 8,950 | -17,641 |
Loss (Gain) From Sale of Investments | - | - | -1,604 | - | - | - |
Loss (Gain) on Equity Investments | -957 | - | -548 | -875 | -667 | -687 |
Other Operating Activities | -72,425 | -94,238 | -70,295 | -72,115 | -86,405 | -48,903 |
Change in Accounts Receivable | -37,142 | -43,947 | 39,067 | -23,608 | -826 | -11,812 |
Change in Inventory | -14,576 | -17,851 | 1,550 | -24,447 | -27,957 | -14,566 |
Change in Accounts Payable | -406 | -45,082 | -6,201 | 35,882 | 21,675 | 18,704 |
Change in Other Net Operating Assets | -24,867 | -68,160 | 25,396 | 37,100 | 4,810 | 78,076 |
Operating Cash Flow | 238,854 | 104,816 | 403,723 | 347,547 | 265,991 | 337,812 |
Operating Cash Flow Growth | -20.84% | -74.04% | 16.16% | 30.66% | -21.26% | 22.46% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Capital Expenditures | -130,092 | -123,540 | -108,325 | -89,580 | -83,049 | -80,803 |
Sale of Property, Plant & Equipment | 39,303 | 4,141 | 32,884 | 11,710 | 25,109 | 46,321 |
Cash Acquisitions | 2,265 | -45,520 | -21,448 | -3,551 | -2,661 | -14,762 |
Divestitures | -833 | -833 | 485 | - | 676 | 396 |
Sale (Purchase) of Intangibles | -30,611 | -31,167 | -27,932 | -20,248 | -15,928 | 6,908 |
Investment in Securities | 10,440 | 7,654 | 5,693 | 2,095 | 7,931 | 29,695 |
Other Investing Activities | -9,042 | -11,203 | -22 | -18,139 | -1,264 | -2,103 |
Investing Cash Flow | -118,570 | -200,468 | -118,665 | -117,713 | -69,186 | -14,348 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Short-Term Debt Issued | - | 660,851 | - | - | - | - |
Long-Term Debt Issued | - | 100,000 | 235,002 | 200,000 | 60,000 | 473,048 |
Total Debt Issued | 863,523 | 760,851 | 235,002 | 200,000 | 60,000 | 473,048 |
Short-Term Debt Repaid | - | - | -19,960 | -200,705 | -8,527 | -440,775 |
Long-Term Debt Repaid | - | -456,588 | -377,309 | -143,062 | -191,460 | -272,016 |
Total Debt Repaid | -665,819 | -456,588 | -397,269 | -343,767 | -199,987 | -712,791 |
Net Debt Issued (Repaid) | 197,704 | 304,263 | -162,267 | -143,767 | -139,987 | -239,743 |
Issuance of Common Stock | - | - | - | - | - | 135 |
Repurchase of Common Stock | -70,004 | -70,006 | -30,023 | -25 | -263 | -26 |
Common Dividends Paid | -77,107 | -79,655 | -66,374 | -57,761 | -55,738 | -54,220 |
Other Financing Activities | -30,858 | -28,663 | -14,120 | -25,193 | -23,568 | -26,471 |
Financing Cash Flow | 19,735 | 125,939 | -272,784 | -226,746 | -219,556 | -320,325 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | 45,461 | 42,130 | 11,743 | 20,004 | 7,447 | 1,144 |
Miscellaneous Cash Flow Adjustments | - | 1 | -1 | -585 | - | - |
Net Cash Flow | 185,480 | 72,418 | 24,016 | 22,507 | -15,304 | 4,283 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 108,762 | -18,724 | 295,398 | 257,967 | 182,942 | 257,009 |
Free Cash Flow Growth | -42.90% | - | 14.51% | 41.01% | -28.82% | 31.74% |
Free Cash Flow Margin | 3.63% | -0.65% | 10.05% | 9.32% | 7.29% | 11.49% |
Free Cash Flow Per Share | 73.63 | -12.51 | 194.74 | 169.68 | 120.33 | 169.05 |
Levered Free Cash Flow | 95,767 | -62,650 | 238,114 | 207,471 | 201,781 | 259,064 |
Unlevered Free Cash Flow | 110,739 | -49,139 | 249,637 | 216,390 | 209,472 | 267,001 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Cash Interest Paid | 23,647 | 21,633 | 15,691 | 12,646 | 10,839 | 11,224 |
Cash Income Tax Paid | 72,292 | 94,775 | 75,574 | 73,914 | 88,562 | 50,615 |
Change in Working Capital | -76,991 | -175,040 | 59,812 | 24,927 | -2,298 | 70,402 |