DaikyoNishikawa 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	9,543	8,255	2,515	-909	3,553
Depreciation & Amortization	10,998	11,625	11,895	10,798	10,510
Loss (Gain) From Sale of Assets	145	1,405	352	1,106	70
Loss (Gain) From Sale of Investments	-	-809	-	-	-
Loss (Gain) on Equity Investments	-36	-56	34	-125	-400
Other Operating Activities	-3,504	-1,389	-385	-1,607	-1,220
Change in Accounts Receivable	-142	4,754	-4,200	3,084	1,051
Change in Inventory	474	-40	-188	16	1,954
Change in Accounts Payable	283	-3,120	1,631	-2,343	-479
Change in Other Net Operating Assets	-978	-253	2,394	-6,315	1,749
Operating Cash Flow	16,783	20,372	14,048	3,705	16,788
Operating Cash Flow Growth	-17.62%	45.02%	279.16%	-77.93%	-14.28%
Capital Expenditures	-7,369	-5,064	-7,432	-18,486	-16,569
Sale of Property, Plant & Equipment	11	46	9	102	85
Divestitures	-	1,471	-	-	-
Sale (Purchase) of Intangibles	-689	-324	-223	-192	-163
Investment in Securities	486	5,484	-1,340	-1,580	-1,314
Other Investing Activities	-21	-20	-5	-80	5
Investing Cash Flow	-7,582	1,593	-8,991	-20,107	-17,567
Long-Term Debt Issued	-	-	-	7,611	14,772
Total Debt Issued	-	-	-	7,611	14,772
Short-Term Debt Repaid	-	-	-	-340	-74
Long-Term Debt Repaid	-13,266	-5,771	-5,254	-2,449	-2,893
Total Debt Repaid	-13,266	-5,771	-5,254	-2,789	-2,967
Net Debt Issued (Repaid)	-13,266	-5,771	-5,254	4,822	11,805
Common Dividends Paid	-2,430	-2,154	-2,131	-2,272	-1,985
Other Financing Activities	-2,652	-876	-233	1,029	-1,255
Financing Cash Flow	-18,348	-8,801	-7,618	3,579	8,565
Foreign Exchange Rate Adjustments	1,024	13	638	723	-328
Miscellaneous Cash Flow Adjustments	-	1	-	1	-2
Net Cash Flow	-8,123	13,178	-1,923	-12,099	7,456
Free Cash Flow	9,414	15,308	6,616	-14,781	219
Free Cash Flow Growth	-38.50%	131.38%	-	-	-
Free Cash Flow Margin	5.58%	9.63%	4.54%	-12.67%	0.15%
Free Cash Flow Per Share	132.35	215.32	93.11	-208.16	3.09
Cash Interest Paid	1,365	1,467	1,124	445	316
Cash Income Tax Paid	3,861	2,845	1,087	682	1,286
Levered Free Cash Flow	7,627	14,145	6,553	-18,989	736.13
Unlevered Free Cash Flow	8,486	15,063	7,281	-18,686	933
Change in Working Capital	-363	1,341	-363	-5,558	4,275

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.