ITOCHU-SHOKUHIN 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	11,275	9,288	7,294	6,470	5,921
Depreciation & Amortization	1,741	2,006	2,165	2,152	2,232
Loss (Gain) From Sale of Assets	-	-	14	11	393
Loss (Gain) From Sale of Investments	8	-68	1,635	792	-63
Loss (Gain) on Equity Investments	-1,288	-308	-192	-190	-155
Other Operating Activities	-1,332	-1,909	-2,590	-2,393	-1,615
Change in Accounts Receivable	2,975	-14,364	-4,214	-3,982	3,405
Change in Inventory	-6,060	-134	-2,055	-1,440	1,924
Change in Accounts Payable	-9,054	13,480	6,001	4,359	-5,048
Change in Other Net Operating Assets	-1,995	2,540	-379	-539	1,018
Operating Cash Flow	-3,730	10,531	7,679	5,240	8,012
Operating Cash Flow Growth	-	37.14%	46.55%	-34.60%	173.17%
Capital Expenditures	-322	-379	-302	-858	-183
Sale of Property, Plant & Equipment	-	-	23	3	3
Divestitures	-	-	-	-	-4
Sale (Purchase) of Intangibles	-279	-1,442	-1,984	-1,491	-260
Investment in Securities	-145	129	-191	-1,167	813
Other Investing Activities	51	35	30	5,141	-14,896
Investing Cash Flow	503	-1,657	-2,424	1,628	-14,527
Long-Term Debt Repaid	-	-	-	-17	-21
Net Debt Issued (Repaid)	-	-	-	-17	-21
Common Dividends Paid	-1,522	-1,142	-1,015	-1,015	-983
Other Financing Activities	-519	-581	-1,142	-752	-674
Financing Cash Flow	-2,041	-1,723	-2,157	-1,784	-1,678
Miscellaneous Cash Flow Adjustments	-	-1	-	-	-1
Net Cash Flow	-5,268	7,150	3,098	5,084	-8,194
Free Cash Flow	-4,052	10,152	7,377	4,382	7,829
Free Cash Flow Growth	-	37.62%	68.35%	-44.03%	180.91%
Free Cash Flow Margin	-0.58%	1.51%	1.15%	0.71%	1.19%
Free Cash Flow Per Share	-319.38	800.19	581.46	345.39	617.09
Cash Interest Paid	72	80	110	127	124
Cash Income Tax Paid	3,394	1,937	2,749	2,393	1,743
Levered Free Cash Flow	-7,542	5,668	3,390	1,616	6,626
Unlevered Free Cash Flow	-7,497	5,718	3,459	1,695	6,703
Change in Working Capital	-14,134	1,522	-647	-1,602	1,299

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