Kao Corporation (TYO:4452)
Japan · Delayed Price · Currency is JPY 3,593.00
-21.00 (-0.58%)
Aug 26, 2026, 3:30 PM JST
Kao Corporation Cash Flow Statement
Financials in millions JPY. Fiscal year is January - December.
Millions JPY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 48,315 | 120,081 | 107,767 | 63,842 | 115,848 | 150,002 |
Depreciation & Amortization | 78,547 | 76,500 | 79,238 | 89,595 | 89,738 | 87,341 |
Other Amortization | 9,341 | 9,341 | 9,184 | - | - | - |
Loss (Gain) From Sale of Assets | -8,137 | 3,257 | -8,229 | 26,487 | 3,524 | 4,458 |
Loss (Gain) on Equity Investments | -1,622 | -3,406 | -3,482 | -2,387 | -2,545 | -2,620 |
Other Operating Activities | 88,686 | 7,962 | 20,432 | -22,252 | -36,961 | -43,796 |
Change in Accounts Receivable | 1,417 | 4,009 | 1,184 | 20,476 | 3,394 | -4,440 |
Change in Inventory | -11,587 | -10,084 | -1,414 | 29,383 | -36,930 | -20,508 |
Change in Accounts Payable | 11,977 | -1,395 | 10,991 | -19,380 | 5,496 | 8,682 |
Change in Other Net Operating Assets | -8,516 | -6,585 | -14,086 | 16,717 | -10,659 | -3,595 |
Operating Cash Flow | 208,421 | 199,680 | 201,585 | 202,481 | 130,905 | 175,524 |
Operating Cash Flow Growth | 13.30% | -0.95% | -0.44% | 54.68% | -25.42% | -18.25% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -61,099 | -61,214 | -57,404 | -54,166 | -65,520 | -59,951 |
Sale of Property, Plant & Equipment | 15,780 | 1,557 | 9,827 | - | - | - |
Divestitures | - | - | 11,783 | - | - | - |
Sale (Purchase) of Intangibles | -8,354 | -9,631 | -10,072 | -12,281 | -11,681 | -11,568 |
Investment in Securities | -5,526 | -306 | -3,423 | -2,645 | 3,234 | 1,512 |
Other Investing Activities | 4,647 | -173 | 3,387 | -40,210 | -944 | 2,775 |
Investing Cash Flow | -54,552 | -69,767 | -45,902 | -109,302 | -74,911 | -67,232 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | 90 | - | 12,909 | - | 440 |
Long-Term Debt Issued | - | 35,501 | 10,000 | 64,937 | 7,280 | 30,291 |
Total Debt Issued | 26,209 | 35,591 | 10,000 | 77,846 | 7,280 | 30,731 |
Short-Term Debt Repaid | - | - | -14,299 | - | -207 | - |
Long-Term Debt Repaid | - | -57,255 | -26,024 | -68,293 | -7,331 | -31,392 |
Total Debt Repaid | -47,256 | -57,255 | -40,323 | -68,293 | -7,538 | -31,392 |
Net Debt Issued (Repaid) | -21,047 | -21,664 | -30,323 | 9,553 | -258 | -661 |
Repurchase of Common Stock | -80,053 | -80,053 | -2,846 | -17 | -50,035 | -51,792 |
Common Dividends Paid | -70,677 | -71,149 | -70,246 | -69,339 | -68,931 | -67,859 |
Other Financing Activities | -3,808 | -2,268 | -1,163 | -20,180 | -20,087 | -21,261 |
Financing Cash Flow | -175,585 | -175,134 | -104,578 | -79,983 | -139,311 | -141,573 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 26,795 | 10,790 | 14,945 | 10,219 | 15,496 | 16,174 |
Net Cash Flow | 5,079 | -34,431 | 66,050 | 23,415 | -67,821 | -17,107 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 147,322 | 138,466 | 144,181 | 148,315 | 65,385 | 115,573 |
Free Cash Flow Growth | 18.67% | -3.96% | -2.79% | 126.83% | -43.43% | -25.59% |
Free Cash Flow Margin | 8.41% | 8.20% | 8.85% | 9.68% | 4.22% | 8.15% |
Free Cash Flow Per Share | 215.29 | 150.08 | 155.16 | 159.53 | 69.64 | 121.53 |
Levered Free Cash Flow | 108,267 | 110,071 | 107,023 | 122,537 | 22,613 | 81,889 |
Unlevered Free Cash Flow | 110,636 | 111,767 | 108,729 | 124,652 | 24,085 | 83,443 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 3,048 | 2,637 | 2,622 | 2,596 | 1,907 | 2,039 |
Cash Income Tax Paid | 43,074 | 31,023 | 27,628 | 24,634 | 39,342 | 45,899 |
Change in Working Capital | -6,709 | -14,055 | -3,325 | 47,196 | -38,699 | -19,861 |