Ahjikan 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	2,214	2,238	471	954	931
Depreciation & Amortization	1,192	1,143	1,078	1,074	1,136
Loss (Gain) From Sale of Assets	29	35	-	-2	-2
Loss (Gain) From Sale of Investments	-22	-	-4	-20	-55
Loss (Gain) on Equity Investments	-125	-104	-95	-79	-70
Other Operating Activities	-955	-79	-303	-317	-185
Change in Accounts Receivable	1,455	-1,415	-347	-402	-133
Change in Inventory	-329	-542	-278	-482	338
Change in Accounts Payable	-68	231	416	-55	154
Change in Other Net Operating Assets	64	-131	21	-229	-112
Operating Cash Flow	3,455	1,376	959	442	2,002
Operating Cash Flow Growth	151.09%	43.48%	116.97%	-77.92%	-9.37%
Capital Expenditures	-951	-928	-522	-384	-381
Sale of Property, Plant & Equipment	18	3	23	6	18
Sale (Purchase) of Intangibles	-156	-294	-176	-312	-99
Investment in Securities	94	-	26	61	146
Other Investing Activities	232	119	116	191	78
Investing Cash Flow	-763	-1,100	-533	-438	-238
Short-Term Debt Issued	-	-	-	900	-
Long-Term Debt Issued	500	650	800	-	500
Total Debt Issued	500	650	800	900	500
Short-Term Debt Repaid	-2,170	-100	-	-	-1,030
Long-Term Debt Repaid	-552	-514	-699	-708	-1,017
Total Debt Repaid	-2,722	-614	-699	-708	-2,047
Net Debt Issued (Repaid)	-2,222	36	101	192	-1,547
Common Dividends Paid	-188	-120	-116	-112	-113
Other Financing Activities	-168	-163	-164	-158	-110
Financing Cash Flow	-2,578	-247	-179	-78	-1,770
Foreign Exchange Rate Adjustments	45	37	33	62	4
Miscellaneous Cash Flow Adjustments	-	-1	-1	1	-
Net Cash Flow	159	65	279	-11	-2
Free Cash Flow	2,504	448	437	58	1,621
Free Cash Flow Growth	458.93%	2.52%	653.45%	-96.42%	18.41%
Free Cash Flow Margin	4.91%	0.89%	0.92%	0.13%	3.81%
Free Cash Flow Per Share	329.00	58.86	57.42	7.62	212.98
Cash Interest Paid	32	32	31	33	33
Cash Income Tax Paid	952	86	302	355	225
Levered Free Cash Flow	2,309	-246.63	229.25	-579.38	1,647
Unlevered Free Cash Flow	2,329	-227.25	248.63	-560	1,668
Change in Working Capital	1,122	-1,857	-188	-1,168	247

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