Nitto Boseki 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	17,521	9,083	4,661	8,679	11,213
Depreciation & Amortization	7,941	7,166	8,208	7,082	6,332
Loss (Gain) From Sale of Assets	1,688	852	1,426	562	-1,085
Loss (Gain) From Sale of Investments	-1,578	-	-746	-37	-6,533
Other Operating Activities	-2,862	-913	-1,134	-2,434	2,620
Change in Accounts Receivable	-42	-10,420	3,412	-1,750	1,173
Change in Inventory	-1,654	-1,912	-8,660	-2,938	-5,258
Change in Accounts Payable	-1,462	1,035	1,251	-175	294
Change in Other Net Operating Assets	-431	166	-775	-2,024	-941
Operating Cash Flow	19,121	5,057	7,643	6,965	7,815
Operating Cash Flow Growth	278.11%	-33.84%	9.73%	-10.88%	-26.37%
Capital Expenditures	-13,138	-6,949	-7,173	-17,326	-13,840
Sale of Property, Plant & Equipment	146	15	5,466	10	3,276
Cash Acquisitions	-	-	-	-469	-
Divestitures	-	-	1,408	-	-
Investment in Securities	1,989	-	2,516	225	8,805
Other Investing Activities	-415	-962	-238	255	-108
Investing Cash Flow	-11,418	-7,896	1,979	-17,305	-1,867
Short-Term Debt Issued	-	-	-	6,220	-
Long-Term Debt Issued	20,351	14,000	7,255	670	11,274
Total Debt Issued	20,351	14,000	7,255	6,890	11,274
Short-Term Debt Repaid	-3,067	-781	-1,880	-	-373
Long-Term Debt Repaid	-18,026	-6,531	-5,501	-5,518	-6,702
Total Debt Repaid	-21,093	-7,312	-7,381	-5,518	-7,075
Net Debt Issued (Repaid)	-742	6,688	-126	1,372	4,199
Repurchase of Common Stock	-	-4	-5,001	-	-
Common Dividends Paid	-2,194	-2,012	-1,722	-1,745	-1,842
Other Financing Activities	-341	-371	-400	-1,157	-495
Financing Cash Flow	-3,277	4,301	-7,249	-1,530	1,862
Foreign Exchange Rate Adjustments	445	594	634	159	-342
Miscellaneous Cash Flow Adjustments	-2	1	-1	1	-
Net Cash Flow	4,869	2,057	3,006	-11,710	7,468
Free Cash Flow	5,983	-1,892	470	-10,361	-6,025
Free Cash Flow Margin	5.49%	-2.03%	0.54%	-12.33%	-7.65%
Free Cash Flow Per Share	164.34	-51.97	12.53	-267.06	-155.29
Cash Interest Paid	533	407	248	226	246
Cash Income Tax Paid	2,966	1,087	1,114	3,933	1,686
Levered Free Cash Flow	4,120	-3,454	-1,261	-13,227	-5,278
Unlevered Free Cash Flow	4,469	-3,197	-1,106	-13,090	-5,122
Change in Working Capital	-3,589	-11,131	-4,772	-6,887	-4,732

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