Shikibo 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	1,237	1,285	891	295	-62
Depreciation & Amortization	2,055	1,879	1,845	1,901	1,933
Loss (Gain) From Sale of Assets	21	249	195	2	1,069
Loss (Gain) From Sale of Investments	-305	118	784	9	31
Other Operating Activities	-451	164	-143	-157	-142
Change in Accounts Receivable	-66	126	-183	-614	732
Change in Inventory	-183	548	-1,188	-502	24
Change in Accounts Payable	222	-403	310	515	-564
Change in Other Net Operating Assets	-423	-417	-1,399	1,539	-246
Operating Cash Flow	2,107	3,549	1,112	2,988	2,775
Operating Cash Flow Growth	-40.63%	219.16%	-62.78%	7.68%	-1.53%
Capital Expenditures	-2,942	-2,794	-1,171	-568	-2,328
Sale of Property, Plant & Equipment	2	7	92	3	-
Divestitures	-	324	235	-	-
Investment in Securities	313	-89	442	4	17
Other Investing Activities	-138	119	-280	-93	-31
Investing Cash Flow	-2,765	-2,703	-682	-654	-2,342
Short-Term Debt Issued	-	1,283	1,079	-	-
Long-Term Debt Issued	7,837	4,624	4,488	4,569	8,302
Total Debt Issued	7,837	5,907	5,567	4,569	8,302
Short-Term Debt Repaid	-787	-	-	-1,371	-378
Long-Term Debt Repaid	-5,845	-5,640	-5,459	-6,339	-7,744
Total Debt Repaid	-6,632	-5,640	-5,459	-7,710	-8,122
Net Debt Issued (Repaid)	1,205	267	108	-3,141	180
Issuance of Common Stock	963	6	-	-	-
Repurchase of Common Stock	-	-1	-	-	-
Common Dividends Paid	-896	-580	-463	-431	-432
Other Financing Activities	-199	-201	-224	-219	-257
Financing Cash Flow	1,073	-509	-579	-3,791	-509
Foreign Exchange Rate Adjustments	96	44	63	93	2
Miscellaneous Cash Flow Adjustments	2	-	1	-	-
Net Cash Flow	513	381	-85	-1,364	-74
Free Cash Flow	-835	755	-59	2,420	447
Free Cash Flow Growth	-	-	-	441.39%	70.61%
Free Cash Flow Margin	-2.14%	1.95%	-0.16%	6.78%	1.33%
Free Cash Flow Per Share	-66.44	64.65	-5.09	215.57	41.43
Cash Interest Paid	258	218	215	224	242
Cash Income Tax Paid	427	-88	575	97	122
Levered Free Cash Flow	-756.88	536.88	-1,171	2,862	-114.88
Unlevered Free Cash Flow	-583.13	683.13	-1,030	3,020	55.13
Change in Working Capital	-450	-146	-2,460	938	-54

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