Densan 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	6,307	2,523	1,231	2,209	1,237
Depreciation & Amortization	1,609	918	788	826	817
Loss (Gain) From Sale of Assets	-13	-	-	295	5
Loss (Gain) From Sale of Investments	-	-	2	1	-
Other Operating Activities	-972	-4	-924	-213	-254
Change in Accounts Receivable	-3,971	-906	778	172	-506
Change in Inventory	230	-234	95	-42	48
Change in Accounts Payable	436	517	-215	-1,927	1,421
Change in Other Net Operating Assets	684	151	-140	142	-395
Operating Cash Flow	4,310	2,965	1,615	1,463	2,373
Operating Cash Flow Growth	45.36%	83.59%	10.39%	-38.35%	302.89%
Capital Expenditures	-295	-171	-445	-380	-372
Sale of Property, Plant & Equipment	13	-	-	-	-
Sale (Purchase) of Intangibles	-186	-531	-720	-28	-30
Investment in Securities	-390	-225	-262	-10	-
Other Investing Activities	-3	-3	13	-14	-138
Investing Cash Flow	-861	-930	-1,414	-432	-540
Long-Term Debt Issued	-	-	-	1,200	-
Total Debt Issued	-	-	-	1,200	-
Short-Term Debt Repaid	-490	-480	-480	-420	-430
Long-Term Debt Repaid	-730	-564	-586	-1,771	-351
Total Debt Repaid	-1,220	-1,044	-1,066	-2,191	-781
Net Debt Issued (Repaid)	-1,220	-1,044	-1,066	-991	-781
Issuance of Common Stock	-	-	1,127	-	-
Repurchase of Common Stock	-820	-	-	-	-
Common Dividends Paid	-210	-214	-225	-175	-190
Other Financing Activities	-27	-28	-30	-36	-36
Financing Cash Flow	-2,277	-1,286	-194	-1,202	-1,007
Foreign Exchange Rate Adjustments	-	-	1	1	1
Miscellaneous Cash Flow Adjustments	-1	-	-1	-1	-1
Net Cash Flow	1,171	749	7	-171	826
Free Cash Flow	4,015	2,794	1,170	1,083	2,001
Free Cash Flow Growth	43.70%	138.80%	8.03%	-45.88%	8237.50%
Free Cash Flow Margin	14.35%	14.91%	7.32%	6.08%	11.56%
Free Cash Flow Per Share	711.23	480.98	220.13	215.65	399.29
Cash Interest Paid	18	15	13	25	22
Cash Income Tax Paid	974	10	926	214	262
Levered Free Cash Flow	3,741	2,129	269.5	225.5	1,940
Unlevered Free Cash Flow	3,753	2,139	278.88	237.38	1,954
Change in Working Capital	-2,621	-472	518	-1,655	568

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