Kagome 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	-	33,665	16,489	12,557	13,880
Depreciation & Amortization	-	12,000	8,249	8,282	7,495
Loss (Gain) From Sale of Assets	-	107	2,264	97	61
Loss (Gain) on Equity Investments	-	-270	-2,217	-904	-416
Other Operating Activities	-	-8,751	-3,595	-4,227	-4,756
Change in Accounts Receivable	-	-1,640	-2,127	-2,771	-968
Change in Inventory	-	7,198	-14,780	-7,575	-3,226
Change in Accounts Payable	-	-973	1,014	638	3,127
Change in Other Net Operating Assets	-	-9,644	-680	-1,462	-401
Operating Cash Flow	-	31,692	4,617	4,635	14,796
Operating Cash Flow Growth	-	586.42%	-0.39%	-68.67%	-27.62%
Capital Expenditures	-	-10,943	-6,426	-9,878	-14,823
Sale of Property, Plant & Equipment	-	413	297	259	532
Cash Acquisitions	-	-36,046	-	-	-65
Other Investing Activities	-	251	73	162	194
Investing Cash Flow	-	-46,325	-6,056	-9,457	-14,162
Short-Term Debt Issued	-	-	9,209	6,319	-
Long-Term Debt Issued	-	8,587	11,371	1,044	2,777
Total Debt Issued	-	8,587	20,580	7,363	2,777
Short-Term Debt Repaid	-	-15,632	-	-	-23,145
Long-Term Debt Repaid	-	-6,574	-865	-1,036	-673
Total Debt Repaid	-	-22,206	-865	-1,036	-23,818
Net Debt Issued (Repaid)	-	-13,619	19,715	6,327	-21,041
Repurchase of Common Stock	-	23,129	-2	-7,786	-2,500
Common Dividends Paid	-	-3,533	-3,277	-3,278	-3,219
Other Financing Activities	-	-6,548	-810	-775	-892
Financing Cash Flow	-	-571	15,626	-5,512	-27,652
Foreign Exchange Rate Adjustments	-	468	433	493	1,480
Miscellaneous Cash Flow Adjustments	-	-1	-	-	-
Net Cash Flow	-	-14,737	14,620	-9,841	-25,538
Free Cash Flow	-	20,749	-1,809	-5,243	-27
Free Cash Flow Margin	-	6.76%	-0.80%	-2.55%	-0.01%
Free Cash Flow Per Share	-	230.74	-20.98	-60.34	-0.30
Cash Interest Paid	-	3,080	1,381	529	508
Cash Income Tax Paid	-	8,686	4,271	4,260	4,545
Levered Free Cash Flow	-	-34,862	-6,093	-10,758	-4,755
Unlevered Free Cash Flow	-	-32,997	-5,047	-10,411	-4,547
Change in Working Capital	-	-5,059	-16,573	-11,170	-1,468

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