Mandom Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	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	2,598	2,296	3,872	1,589	-762	1,221
Depreciation & Amortization	4,124	4,265	4,678	5,241	5,563	5,034
Loss (Gain) From Sale of Assets	-29	-29	148	8	67	295
Loss (Gain) From Sale of Investments	-82	-83	-1,040	-42	-1,162	-1,790
Loss (Gain) on Equity Investments	-284	-337	-365	-230	-162	-95
Other Operating Activities	-933	-866	-1,003	173	-416	-976
Change in Accounts Receivable	308	614	-592	-1,585	319	2,494
Change in Inventory	-1,357	-1,382	512	-2,943	964	2,364
Change in Accounts Payable	-1,130	406	23	570	1,492	-2,173
Change in Other Net Operating Assets	426	40	579	1,284	1,790	-166
Operating Cash Flow	3,547	4,924	6,812	4,065	7,693	6,208
Operating Cash Flow Growth	-34.80%	-27.72%	67.58%	-47.16%	23.92%	-10.51%
Capital Expenditures	-1,448	-1,535	-1,451	-1,200	-1,741	-8,219
Sale of Property, Plant & Equipment	41	41	218	-	-	-
Sale (Purchase) of Intangibles	-303	-266	-302	-416	-350	-660
Investment in Securities	-1,016	-325	657	334	1,868	3,249
Other Investing Activities	-53	-	-9	25	38	-50
Investing Cash Flow	-2,779	-2,085	-887	-1,257	-185	-5,680
Short-Term Debt Issued	-	-	-	-	-	3,650
Total Debt Issued	-	-	-	-	-	3,650
Short-Term Debt Repaid	-	-13	-50	-98	-3,476	-
Total Debt Repaid	8	-13	-50	-98	-3,476	-
Net Debt Issued (Repaid)	8	-13	-50	-98	-3,476	3,650
Common Dividends Paid	-906	-1,801	-1,754	-1,667	-1,525	-2,109
Other Financing Activities	-267	-390	-306	-307	-384	-416
Financing Cash Flow	-1,165	-2,204	-2,110	-2,072	-5,385	1,125
Foreign Exchange Rate Adjustments	3	1,169	709	730	851	-270
Net Cash Flow	-394	1,804	4,524	1,466	2,974	1,383
Free Cash Flow	2,099	3,389	5,361	2,865	5,952	-2,011
Free Cash Flow Growth	-46.82%	-36.78%	87.12%	-51.87%	-	-
Free Cash Flow Margin	2.68%	4.45%	7.32%	4.27%	10.38%	-3.18%
Free Cash Flow Per Share	46.50	75.21	119.22	63.71	132.46	-44.82
Cash Interest Paid	30	34	27	21	22	23
Cash Income Tax Paid	1,275	1,148	651	91	573	1,080
Levered Free Cash Flow	1,967	1,992	3,128	1,901	5,200	-2,716
Unlevered Free Cash Flow	1,986	2,013	3,145	1,914	5,214	-2,702
Change in Working Capital	-1,753	-322	522	-2,674	4,565	2,519

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