Nippon Kodoshi 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	3,600	2,437	2,021	3,532	4,182
Depreciation & Amortization	1,421	1,030	1,426	1,409	1,359
Loss (Gain) From Sale of Assets	114	4	46	66	117
Loss (Gain) From Sale of Investments	-	7	-	-	-
Other Operating Activities	-697	-145	-778	-1,536	-1,087
Change in Accounts Receivable	-834	739	-615	455	84
Change in Inventory	157	374	-171	-2,358	-807
Change in Accounts Payable	775	-203	185	-81	79
Change in Other Net Operating Assets	704	-442	-204	-802	-1,020
Operating Cash Flow	5,240	3,801	1,910	685	2,907
Operating Cash Flow Growth	37.86%	99.00%	178.83%	-76.44%	-9.69%
Capital Expenditures	-1,496	-5,944	-3,386	-3,543	-1,822
Sale (Purchase) of Intangibles	-131	-24	-20	-26	-70
Investment in Securities	-1	-	-	-	38
Other Investing Activities	231	2,567	-6	-30	17
Investing Cash Flow	-1,397	-3,401	-3,412	-3,599	-1,837
Short-Term Debt Issued	-	1,500	-	-	-
Long-Term Debt Issued	1,500	1,000	4,300	4,700	-
Total Debt Issued	1,500	2,500	4,300	4,700	-
Short-Term Debt Repaid	-1,500	-	-	-600	-
Long-Term Debt Repaid	-2,496	-2,406	-1,857	-1,202	-964
Total Debt Repaid	-3,996	-2,406	-1,857	-1,802	-964
Net Debt Issued (Repaid)	-2,496	94	2,443	2,898	-964
Repurchase of Common Stock	-	-198	-301	-	-
Common Dividends Paid	-790	-531	-642	-323	-290
Other Financing Activities	-1	-2	-2	-	-1
Financing Cash Flow	-3,287	-637	1,498	2,575	-1,255
Foreign Exchange Rate Adjustments	59	58	86	126	80
Miscellaneous Cash Flow Adjustments	-	-	-	2	1
Net Cash Flow	615	-179	82	-211	-104
Free Cash Flow	3,744	-2,143	-1,476	-2,858	1,085
Free Cash Flow Growth	-	-	-	-	-53.51%
Free Cash Flow Margin	20.10%	-13.37%	-9.95%	-16.25%	6.00%
Free Cash Flow Per Share	355.10	-201.60	-138.65	-265.38	100.83
Cash Interest Paid	52	41	12	5	3
Cash Income Tax Paid	782	182	832	1,537	1,091
Levered Free Cash Flow	2,872	-3,216	-1,076	-3,028	1,102
Unlevered Free Cash Flow	2,905	-3,191	-1,068	-3,025	1,104
Change in Working Capital	802	468	-805	-2,786	-1,664

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