Nippon Shikizai Cash Flow Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Net Income	429	372	286	188	-111
Depreciation & Amortization	935	908	873	813	785
Loss (Gain) From Sale of Assets	-277	3	121	-	-79
Loss (Gain) From Sale of Investments	-	-9	-	-40	-
Other Operating Activities	-38	-166	-36	-20	2
Change in Accounts Receivable	-344	-479	-126	-274	-191
Change in Inventory	-430	590	-598	-576	167
Change in Accounts Payable	-246	-537	765	560	228
Change in Other Net Operating Assets	111	-115	-34	-36	-20
Operating Cash Flow	140	567	1,251	615	781
Operating Cash Flow Growth	-75.31%	-54.68%	103.41%	-21.25%	92.84%
Capital Expenditures	-699	-1,139	-659	-274	-239
Sale of Property, Plant & Equipment	872	-	142	-	103
Cash Acquisitions	-	-	-	-	-11
Sale (Purchase) of Intangibles	-55	-3	-24	-9	-8
Investment in Securities	-	30	103	30	19
Other Investing Activities	-	1	-	1	-1
Investing Cash Flow	118	-1,111	-438	-252	-187
Short-Term Debt Issued	1,260	-	417	242	129
Long-Term Debt Issued	1,522	2,138	1,258	1,455	1,462
Total Debt Issued	2,782	2,138	1,675	1,697	1,591
Short-Term Debt Repaid	-	-93	-	-	-
Long-Term Debt Repaid	-2,761	-1,807	-2,274	-2,014	-1,834
Total Debt Repaid	-2,761	-1,900	-2,274	-2,014	-1,834
Net Debt Issued (Repaid)	21	238	-599	-317	-243
Issuance of Common Stock	14	-	-	-	-
Repurchase of Common Stock	-82	-	-	-	-
Common Dividends Paid	-41	-41	-	-	-
Other Financing Activities	-91	-102	-98	-96	-95
Financing Cash Flow	-179	95	-697	-413	-338
Foreign Exchange Rate Adjustments	52	21	32	27	8
Miscellaneous Cash Flow Adjustments	-	2	-1	29	-1
Net Cash Flow	131	-426	147	6	263
Free Cash Flow	-559	-572	592	341	542
Free Cash Flow Growth	-	-	73.61%	-37.09%	-
Free Cash Flow Margin	-3.36%	-3.24%	3.93%	2.90%	6.23%
Free Cash Flow Per Share	-270.00	-272.93	282.47	162.70	258.61
Cash Interest Paid	162	160	128	106	110
Cash Income Tax Paid	35	166	36	21	-
Levered Free Cash Flow	-828.88	-731.75	518.25	320.75	515
Unlevered Free Cash Flow	-728.88	-631.75	598.25	388.25	583.13
Change in Working Capital	-909	-541	7	-326	184

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