NAFCO Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	708	528	4,924	9,003	12,326
Depreciation & Amortization	6,192	6,367	5,946	5,928	5,926
Loss (Gain) From Sale of Assets	973	636	628	607	243
Other Operating Activities	278	-1,045	-3,042	-2,167	-8,869
Change in Accounts Receivable	-60	-95	-398	-681	-698
Change in Inventory	-2,250	-3,817	2,982	-2,715	-4,064
Change in Accounts Payable	-2,887	-3,044	-2,054	-1,130	-2,964
Change in Other Net Operating Assets	110	-239	181	811	-720
Operating Cash Flow	3,064	-709	9,167	9,656	1,180
Operating Cash Flow Growth	-	-	-5.06%	718.30%	-95.24%
Capital Expenditures	-5,509	-5,538	-4,962	-3,157	-3,408
Sale of Property, Plant & Equipment	-46	-60	66	-183	-8
Sale (Purchase) of Intangibles	-623	-254	-62	-28	-150
Other Investing Activities	341	-93	23	-59	70
Investing Cash Flow	-5,837	-5,945	-4,935	-3,427	-3,496
Short-Term Debt Repaid	-660	-465	-105	-660	-660
Long-Term Debt Repaid	-	-8	-99	-599	-1,084
Total Debt Repaid	-660	-473	-204	-1,259	-1,744
Net Debt Issued (Repaid)	-660	-473	-204	-1,259	-1,744
Repurchase of Common Stock	-	-4,049	-4,000	-	-
Common Dividends Paid	-1,425	-1,552	-1,627	-1,599	-1,570
Other Financing Activities	-1,841	-1,766	-1,526	-1,359	-1,242
Financing Cash Flow	-3,926	-7,840	-7,357	-4,217	-4,556
Miscellaneous Cash Flow Adjustments	-1	-2	-	-1	-
Net Cash Flow	-6,700	-14,496	-3,125	2,011	-6,872
Free Cash Flow	-2,445	-6,247	4,205	6,499	-2,228
Free Cash Flow Growth	-	-	-35.30%	-	-
Free Cash Flow Margin	-1.40%	-3.44%	2.19%	3.21%	-1.08%
Free Cash Flow Per Share	-99.46	-236.29	149.28	227.54	-78.01
Cash Interest Paid	269	219	120	107	112
Cash Income Tax Paid	-86	983	3,046	2,169	8,870
Levered Free Cash Flow	-3,764	-6,839	3,146	5,709	-2,940
Unlevered Free Cash Flow	-3,598	-6,710	3,224	5,776	-2,870
Change in Working Capital	-5,087	-7,195	711	-3,715	-8,446

Source: S&P Global Market Intelligence. Standard template. Financial Sources.