Watahan & Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	3,131	3,503	3,091	2,910	3,126
Depreciation & Amortization	1,984	2,145	2,121	2,216	1,935
Loss (Gain) From Sale of Assets	232	731	100	150	97
Loss (Gain) From Sale of Investments	-219	-371	20	-4	-89
Other Operating Activities	-2,000	-1,154	-1,522	-939	-1,599
Change in Accounts Receivable	-1,411	2,938	5,462	-8,896	-303
Change in Inventory	982	-593	-2,403	-3,860	-724
Change in Accounts Payable	-1,217	-7,632	5,053	2,928	-1,843
Change in Other Net Operating Assets	-585	-2,444	545	1,842	-2,232
Operating Cash Flow	897	-2,877	12,467	-3,653	-1,632
Capital Expenditures	-1,366	-1,823	-1,602	-3,584	-3,115
Sale of Property, Plant & Equipment	259	-35	410	11	-8
Cash Acquisitions	-362	150	-5	-870	-1,205
Investment in Securities	-147	566	-39	125	166
Other Investing Activities	377	126	-907	463	147
Investing Cash Flow	-1,252	-1,828	-2,170	-3,956	-4,010
Short-Term Debt Issued	4,084	2,950	-	5,947	1,465
Long-Term Debt Issued	3,180	11,600	610	4,200	7,250
Total Debt Issued	7,264	14,550	610	10,147	8,715
Short-Term Debt Repaid	-	-	-5,902	-	-
Long-Term Debt Repaid	-4,358	-8,195	-3,730	-3,525	-3,460
Total Debt Repaid	-4,358	-8,195	-9,632	-3,525	-3,460
Net Debt Issued (Repaid)	2,906	6,355	-9,022	6,622	5,255
Repurchase of Common Stock	-989	-978	-	-	-
Common Dividends Paid	-561	-458	-437	-417	-396
Other Financing Activities	-47	-59	-25	-42	-73
Financing Cash Flow	1,309	4,860	-9,484	6,163	4,786
Foreign Exchange Rate Adjustments	-	-	1	-	-3
Miscellaneous Cash Flow Adjustments	353	-2	1	46	90
Net Cash Flow	1,307	153	815	-1,400	-769
Free Cash Flow	-469	-4,700	10,865	-7,237	-4,747
Free Cash Flow Margin	-0.35%	-3.52%	8.48%	-5.39%	-4.15%
Free Cash Flow Per Share	-24.34	-236.69	545.46	-364.00	-239.22
Cash Interest Paid	194	104	70	64	55
Cash Income Tax Paid	1,992	1,152	1,526	944	1,599
Levered Free Cash Flow	151.38	-3,874	10,210	-8,441	-4,589
Unlevered Free Cash Flow	267	-3,810	10,255	-8,401	-4,555
Change in Working Capital	-2,231	-7,731	8,657	-7,986	-5,102

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