Medical System Network 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	2,724	3,451	3,019	4,012	3,967
Depreciation & Amortization	3,414	3,163	2,957	2,855	2,995
Loss (Gain) From Sale of Assets	762	432	297	420	387
Loss (Gain) From Sale of Investments	-	-	-	-112	-906
Other Operating Activities	-1,829	-1,235	-1,292	-2,866	-983
Change in Accounts Receivable	-805	-420	-609	-451	-236
Change in Inventory	-707	-192	-377	-406	72
Change in Accounts Payable	643	1,434	72	525	-1,178
Change in Other Net Operating Assets	257	1,092	906	33	1,087
Operating Cash Flow	4,459	7,725	4,973	4,010	5,205
Operating Cash Flow Growth	-42.28%	55.34%	24.02%	-22.96%	22.99%
Capital Expenditures	-2,708	-1,862	-1,373	-1,934	-1,375
Sale of Property, Plant & Equipment	21	97	30	33	57
Cash Acquisitions	-514	-728	-54	-209	-8
Divestitures	-	-	-	-	989
Sale (Purchase) of Intangibles	-377	-248	-234	-194	-154
Investment in Securities	-	6	-	379	29
Other Investing Activities	22	-871	-359	-593	-790
Investing Cash Flow	-3,726	-3,649	-2,114	-2,511	-1,485
Long-Term Debt Issued	6,772	3,500	3,200	6,100	-
Total Debt Issued	6,772	3,500	3,200	6,100	-
Short-Term Debt Repaid	-	-428	-	-2,901	-
Long-Term Debt Repaid	-6,522	-5,446	-5,469	-6,067	-4,634
Total Debt Repaid	-6,522	-5,874	-5,469	-8,968	-4,634
Net Debt Issued (Repaid)	250	-2,374	-2,269	-2,868	-4,634
Repurchase of Common Stock	-	-555	-	-	-30
Common Dividends Paid	-355	-365	-395	-304	-304
Other Financing Activities	-439	-650	-254	-243	-344
Financing Cash Flow	-544	-3,944	-2,918	-3,415	-5,312
Miscellaneous Cash Flow Adjustments	-1	-1	-	-	-
Net Cash Flow	188	131	-59	-1,916	-1,592
Free Cash Flow	1,751	5,863	3,600	2,076	3,830
Free Cash Flow Growth	-70.14%	62.86%	73.41%	-45.80%	32.94%
Free Cash Flow Margin	1.43%	5.08%	3.29%	1.95%	3.67%
Free Cash Flow Per Share	59.91	194.98	119.29	68.81	126.34
Cash Interest Paid	281	263	276	182	213
Cash Income Tax Paid	1,826	1,263	1,294	2,866	987
Levered Free Cash Flow	1,104	5,018	2,002	1,008	3,944
Unlevered Free Cash Flow	1,277	5,198	2,176	1,122	4,078
Change in Working Capital	-612	1,914	-8	-299	-255

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