Ichikawa 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	1,203	1,154	1,045	737	567
Depreciation & Amortization	973	1,014	1,005	1,023	990
Loss (Gain) From Sale of Assets	3	3	-	-	-
Loss (Gain) From Sale of Investments	9	11	-5	19	-79
Other Operating Activities	-550	-265	-434	-96	-179
Change in Accounts Receivable	-240	-113	102	-334	277
Change in Inventory	120	-177	-183	217	-33
Change in Accounts Payable	-220	330	187	58	-49
Change in Other Net Operating Assets	103	35	12	-44	222
Operating Cash Flow	1,401	1,992	1,729	1,580	1,716
Operating Cash Flow Growth	-29.67%	15.21%	9.43%	-7.92%	18.34%
Capital Expenditures	-900	-481	-207	-455	-1,364
Sale (Purchase) of Intangibles	-174	-83	-28	-4	-4
Investment in Securities	-44	47	132	1	350
Other Investing Activities	-1	-3	-	1	-5
Investing Cash Flow	-1,119	-520	-103	-457	-1,023
Issuance of Common Stock	-	118	-	-	-
Repurchase of Common Stock	-251	-387	-	-	-
Common Dividends Paid	-336	-348	-279	-279	-279
Other Financing Activities	-35	-55	-90	-84	-116
Financing Cash Flow	-622	-672	-369	-363	-395
Foreign Exchange Rate Adjustments	18	125	73	61	21
Miscellaneous Cash Flow Adjustments	-	-1	-1	-	-1
Net Cash Flow	-322	924	1,329	821	318
Free Cash Flow	501	1,511	1,522	1,125	352
Free Cash Flow Growth	-66.84%	-0.72%	35.29%	219.60%	-
Free Cash Flow Margin	3.59%	11.11%	11.41%	9.11%	3.03%
Free Cash Flow Per Share	116.27	337.81	332.46	245.79	76.96
Cash Interest Paid	11	7	8	7	13
Cash Income Tax Paid	550	262	450	255	185
Levered Free Cash Flow	180.63	1,259	1,247	1,019	5.75
Unlevered Free Cash Flow	186.25	1,263	1,252	1,023	13.88
Change in Working Capital	-237	75	118	-103	417

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