NCD Co., Ltd. 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	2,852	2,093	983	768	265
Depreciation & Amortization	405	359	337	277	263
Loss (Gain) From Sale of Assets	63	45	136	215	116
Loss (Gain) From Sale of Investments	-57	-	-	-	-
Other Operating Activities	-933	-328	-609	40	-130
Change in Accounts Receivable	-313	89	-661	-175	16
Change in Inventory	97	-114	-54	-23	37
Change in Accounts Payable	-22	126	114	266	-127
Change in Other Net Operating Assets	178	304	322	550	-222
Operating Cash Flow	2,270	2,574	568	1,918	218
Operating Cash Flow Growth	-11.81%	353.17%	-70.39%	779.82%	-42.02%
Capital Expenditures	-239	-183	-540	-429	-203
Sale of Property, Plant & Equipment	347	111	473	348	200
Cash Acquisitions	-	52	-	-	-
Sale (Purchase) of Intangibles	-65	-42	-96	-115	-104
Investment in Securities	301	-1	-	100	76
Other Investing Activities	17	-36	-8	48	173
Investing Cash Flow	361	-99	-171	-48	142
Short-Term Debt Issued	-	25	-	-	300
Total Debt Issued	-	25	-	-	300
Short-Term Debt Repaid	-33	-	-	-400	-
Long-Term Debt Repaid	-75	-11	-	-30	-85
Total Debt Repaid	-108	-11	-	-430	-85
Net Debt Issued (Repaid)	-108	14	-	-430	215
Common Dividends Paid	-538	-229	-110	-111	-109
Other Financing Activities	-301	-293	-303	-238	-167
Financing Cash Flow	-947	-508	-413	-779	-61
Foreign Exchange Rate Adjustments	4	1	1	3	-
Miscellaneous Cash Flow Adjustments	-1	-	-	-1	1
Net Cash Flow	1,687	1,968	-15	1,093	300
Free Cash Flow	2,031	2,391	28	1,489	15
Free Cash Flow Growth	-15.06%	8439.29%	-98.12%	9826.67%	-
Free Cash Flow Margin	6.75%	9.38%	0.12%	7.25%	0.08%
Free Cash Flow Per Share	248.29	293.55	3.47	184.49	1.87
Cash Interest Paid	24	23	24	22	20
Cash Income Tax Paid	944	343	626	8	276
Levered Free Cash Flow	1,827	2,143	15.5	1,443	-248.63
Unlevered Free Cash Flow	1,842	2,157	30.5	1,456	-236.13
Change in Working Capital	-60	405	-279	618	-296

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