NittoBest 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	579	629	401	855	831
Depreciation & Amortization	1,727	1,794	1,770	1,693	1,709
Loss (Gain) From Sale of Assets	22	32	74	55	21
Loss (Gain) on Equity Investments	11	-27	-25	-51	-77
Other Operating Activities	-230	-79	-223	-187	-433
Change in Accounts Receivable	645	-976	-429	-281	-58
Change in Inventory	-280	392	-1,171	-469	1,370
Change in Accounts Payable	-1,959	1,216	909	405	-399
Change in Other Net Operating Assets	-467	618	-126	-126	213
Operating Cash Flow	48	3,599	1,180	1,894	3,177
Operating Cash Flow Growth	-98.67%	205.00%	-37.70%	-40.38%	134.81%
Capital Expenditures	-1,499	-1,000	-1,752	-607	-1,105
Sale of Property, Plant & Equipment	-	2	-	4	-
Sale (Purchase) of Intangibles	-165	-125	-112	-94	-160
Investment in Securities	110	13	429	-27	-84
Other Investing Activities	-	61	-60	-47	-3
Investing Cash Flow	-1,554	-1,049	-1,495	-766	-1,352
Short-Term Debt Issued	-	463	1,134	-	-
Long-Term Debt Issued	2,000	2,000	1,800	2,200	2,110
Total Debt Issued	2,000	2,463	2,934	2,200	2,110
Short-Term Debt Repaid	-44	-	-	-8	-900
Long-Term Debt Repaid	-2,366	-2,680	-2,073	-2,499	-2,107
Total Debt Repaid	-2,410	-2,680	-2,073	-2,507	-3,007
Net Debt Issued (Repaid)	-410	-217	861	-307	-897
Common Dividends Paid	-146	-145	-144	-145	-144
Other Financing Activities	-136	-154	-188	-201	-222
Financing Cash Flow	-692	-516	529	-653	-1,263
Foreign Exchange Rate Adjustments	4	-3	9	48	-3
Miscellaneous Cash Flow Adjustments	-1	-2	1	-	-2
Net Cash Flow	-2,195	2,029	224	523	557
Free Cash Flow	-1,451	2,599	-572	1,287	2,072
Free Cash Flow Growth	-	-	-	-37.89%	17166.67%
Free Cash Flow Margin	-2.60%	4.79%	-1.10%	2.59%	4.24%
Free Cash Flow Per Share	-119.94	214.83	-47.28	106.38	171.27
Cash Interest Paid	139	122	122	100	104
Cash Income Tax Paid	224	84	217	190	438
Levered Free Cash Flow	-1,970	2,509	-1,023	1,399	1,465
Unlevered Free Cash Flow	-1,887	2,588	-949.88	1,464	1,532
Change in Working Capital	-2,061	1,250	-817	-471	1,126

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