Alfresa Holdings 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	39,359	43,795	38,591	48,180	36,531
Depreciation & Amortization	14,923	13,514	13,302	12,824	11,868
Loss (Gain) From Sale of Assets	6,363	489	866	979	536
Loss (Gain) From Sale of Investments	-5,780	-4,286	-8,010	-16,653	-10,026
Other Operating Activities	-13,537	-12,323	-18,076	-9,016	-18,084
Change in Accounts Receivable	1,173	-19,164	-22,334	-7,977	4,450
Change in Inventory	-11,161	-3,584	-5,900	1,648	933
Change in Accounts Payable	-24,303	74,985	25,093	951	-44,958
Change in Other Net Operating Assets	-1,398	-7,047	-10,446	5,610	-2,441
Operating Cash Flow	5,639	86,379	13,086	36,546	-21,191
Operating Cash Flow Growth	-93.47%	560.09%	-64.19%	-	-
Capital Expenditures	-16,508	-12,737	-22,716	-15,002	-15,054
Sale of Property, Plant & Equipment	1,226	941	186	386	1,759
Sale (Purchase) of Intangibles	-3,620	-2,591	-2,749	-1,986	-3,157
Investment in Securities	-5,267	1,146	5,688	23,732	12,377
Other Investing Activities	-1,005	-607	-144	-4,855	-868
Investing Cash Flow	-24,917	-14,217	-20,539	2,304	-4,732
Long-Term Debt Issued	-	30,000	-	-	-
Total Debt Issued	-	30,000	-	-	-
Short-Term Debt Repaid	-	-	-	-	-250
Long-Term Debt Repaid	-	-	-48	-581	-320
Total Debt Repaid	-	-	-48	-581	-570
Net Debt Issued (Repaid)	-	30,000	-48	-581	-570
Issuance of Common Stock	75	14	-	-	-
Repurchase of Common Stock	-11,003	-35,740	-2	-15,254	-2
Common Dividends Paid	-12,550	-12,245	-11,138	-11,430	-10,795
Other Financing Activities	-56	-1,727	-1,730	-1,886	-3,105
Financing Cash Flow	-23,534	-19,698	-12,918	-29,151	-14,472
Foreign Exchange Rate Adjustments	97	39	39	67	4
Miscellaneous Cash Flow Adjustments	5,213	1,035	-	281	187
Net Cash Flow	-37,502	53,538	-20,332	10,047	-40,204
Free Cash Flow	-10,869	73,642	-9,630	21,544	-36,245
Free Cash Flow Margin	-0.37%	2.58%	-0.36%	0.83%	-1.39%
Free Cash Flow Per Share	-58.55	384.00	-47.59	102.81	-171.23
Cash Interest Paid	278	132	64	73	85
Cash Income Tax Paid	14,264	12,319	18,078	9,020	18,086
Levered Free Cash Flow	-3,558	70,156	-8,410	19,113	-44,462
Unlevered Free Cash Flow	-3,384	70,239	-8,370	19,159	-44,408
Change in Working Capital	-35,689	45,190	-13,587	232	-42,016

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