Densan 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	2,523	1,231	2,209	1,237	972
Depreciation & Amortization	918	788	826	817	836
Loss (Gain) From Sale of Assets	-	-	295	5	133
Loss (Gain) From Sale of Investments	-	2	1	-	-
Other Operating Activities	-4	-924	-213	-254	-105
Change in Accounts Receivable	-906	778	172	-506	-2,016
Change in Inventory	-234	95	-42	48	1
Change in Accounts Payable	517	-215	-1,927	1,421	632
Change in Other Net Operating Assets	151	-140	142	-395	136
Operating Cash Flow	2,965	1,615	1,463	2,373	589
Operating Cash Flow Growth	83.59%	10.39%	-38.35%	302.89%	-57.04%
Capital Expenditures	-171	-445	-380	-372	-565
Sale (Purchase) of Intangibles	-531	-720	-28	-30	-41
Investment in Securities	-225	-262	-10	-	-30
Other Investing Activities	-3	13	-14	-138	-6
Investing Cash Flow	-930	-1,414	-432	-540	-642
Short-Term Debt Issued	-	-	-	-	570
Long-Term Debt Issued	-	-	1,200	-	1,400
Total Debt Issued	-	-	1,200	-	1,970
Short-Term Debt Repaid	-480	-480	-420	-430	-
Long-Term Debt Repaid	-564	-586	-1,771	-351	-352
Total Debt Repaid	-1,044	-1,066	-2,191	-781	-352
Net Debt Issued (Repaid)	-1,044	-1,066	-991	-781	1,618
Issuance of Common Stock	-	1,127	-	-	-
Repurchase of Common Stock	-	-	-	-	-1,396
Common Dividends Paid	-214	-225	-175	-190	-195
Other Financing Activities	-28	-30	-36	-36	-32
Financing Cash Flow	-1,286	-194	-1,202	-1,007	-5
Foreign Exchange Rate Adjustments	-	1	1	1	-
Miscellaneous Cash Flow Adjustments	-	-1	-1	-1	1
Net Cash Flow	749	7	-171	826	-57
Free Cash Flow	2,794	1,170	1,083	2,001	24
Free Cash Flow Growth	138.80%	8.03%	-45.88%	8237.50%	-97.43%
Free Cash Flow Margin	14.91%	7.32%	6.08%	11.56%	0.15%
Free Cash Flow Per Share	480.98	220.13	215.65	399.29	4.38
Cash Interest Paid	15	13	25	22	17
Cash Income Tax Paid	10	926	214	262	129
Levered Free Cash Flow	2,129	269.5	225.5	1,940	82.25
Unlevered Free Cash Flow	2,139	278.88	237.38	1,954	92.88
Change in Working Capital	-472	518	-1,655	568	-1,247

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