Nippon Paper Industries 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	24,460	12,688	31,196	-41,365	7,797
Depreciation & Amortization	63,213	67,794	65,259	67,328	67,565
Loss (Gain) From Sale of Assets	3,106	9,906	-24,794	4,930	4,378
Loss (Gain) From Sale of Investments	-5,247	-5,013	-5,211	-13,630	-6,640
Loss (Gain) on Equity Investments	-7,387	-9,255	-5,494	-7,434	-8,618
Other Operating Activities	9,748	2,065	-5,828	-1,615	-8,105
Change in Accounts Receivable	1,035	26,575	-12,950	59,158	8,079
Change in Inventory	-2,359	5,800	22,937	-42,867	-13,346
Change in Accounts Payable	-8,053	-17,454	1,263	10,544	15,088
Change in Other Net Operating Assets	-3,530	-20,316	23,905	30,774	6,180
Operating Cash Flow	74,986	72,790	90,283	65,823	72,378
Operating Cash Flow Growth	3.02%	-19.38%	37.16%	-9.06%	-14.04%
Capital Expenditures	-54,287	-51,072	-61,664	-89,357	-59,683
Sale of Property, Plant & Equipment	1,434	8,446	27,481	3,044	804
Investment in Securities	8,496	7,381	10,347	18,893	-8,506
Other Investing Activities	380	1,954	1,264	2,218	5,929
Investing Cash Flow	-43,581	-33,435	-22,031	-68,018	-61,247
Short-Term Debt Issued	6	7,864	-	2,430	48,500
Long-Term Debt Issued	116,233	87,400	88,849	68,143	77,598
Total Debt Issued	116,239	95,264	88,849	70,573	126,098
Short-Term Debt Repaid	-	-	-60,655	-15,000	-
Long-Term Debt Repaid	-115,091	-105,165	-67,067	-41,720	-60,305
Total Debt Repaid	-115,091	-105,165	-127,722	-56,720	-60,305
Net Debt Issued (Repaid)	1,148	-9,901	-38,873	13,853	65,793
Repurchase of Common Stock	-286	-6	-206	-5	-7
Common Dividends Paid	-1,735	-1,157	-	-3,484	-4,632
Other Financing Activities	-6,990	-7,210	-7,487	-3,388	-6,840
Financing Cash Flow	-7,863	-18,274	-46,566	6,976	54,314
Foreign Exchange Rate Adjustments	-2,071	2	-1,172	1,117	1,071
Miscellaneous Cash Flow Adjustments	-1	-1	-2	2,232	1
Net Cash Flow	21,470	21,082	20,512	8,130	66,517
Free Cash Flow	20,699	21,718	28,619	-23,534	12,695
Free Cash Flow Growth	-4.69%	-24.11%	-	-	-44.13%
Free Cash Flow Margin	1.74%	1.84%	2.45%	-2.04%	1.21%
Free Cash Flow Per Share	179.25	188.17	247.97	-203.69	109.89
Cash Interest Paid	11,044	9,084	10,207	7,761	7,370
Cash Income Tax Paid	2,467	7,742	2,809	3,326	4,156
Levered Free Cash Flow	14,717	9,974	29,974	-24,153	4,540
Unlevered Free Cash Flow	21,728	15,695	36,378	-19,309	9,135
Change in Working Capital	-12,907	-5,395	35,155	57,609	16,001

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