Nippon Seiro Cash Flow Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	620	1,658	-1,344	-2,256	473
Depreciation & Amortization	862	946	1,057	978	986
Loss (Gain) From Sale of Assets	68	28	127	-	-
Loss (Gain) From Sale of Investments	-	-	-141	-3	-
Other Operating Activities	-4	336	74	-60	58
Change in Accounts Receivable	349	519	385	406	-734
Change in Inventory	2,312	-565	1,677	945	-2,218
Change in Accounts Payable	-607	-357	-948	-1,933	2,029
Change in Other Net Operating Assets	86	378	523	298	72
Operating Cash Flow	3,686	2,943	1,410	-1,625	666
Operating Cash Flow Growth	25.25%	108.72%	-	-	-
Capital Expenditures	-500	-151	-939	-354	-695
Sale of Property, Plant & Equipment	-	-	90	7	7
Investment in Securities	-	-	341	5	-1
Other Investing Activities	-96	2	13	3	9
Investing Cash Flow	-596	-149	-495	-339	-680
Short-Term Debt Issued	-	-	-	3,682	571
Long-Term Debt Issued	-	30	3,811	-	800
Total Debt Issued	-	30	3,811	3,682	1,371
Short-Term Debt Repaid	-1,178	-2,306	-3,184	-	-
Long-Term Debt Repaid	-1,511	-53	-1,657	-1,108	-1,001
Total Debt Repaid	-2,689	-2,359	-4,841	-1,108	-1,001
Net Debt Issued (Repaid)	-2,689	-2,329	-1,030	2,574	370
Common Dividends Paid	-	-	-	-97	-
Other Financing Activities	-40	-38	-85	-57	-172
Financing Cash Flow	-2,729	-2,367	-1,115	2,420	198
Foreign Exchange Rate Adjustments	71	35	-4	-20	18
Miscellaneous Cash Flow Adjustments	-1	-1	-	-2	1
Net Cash Flow	431	461	-204	434	203
Free Cash Flow	3,186	2,792	471	-1,979	-29
Free Cash Flow Growth	14.11%	492.78%	-	-	-
Free Cash Flow Margin	16.11%	12.67%	2.17%	-5.15%	-0.10%
Free Cash Flow Per Share	127.94	81.11	23.85	-100.21	-1.47
Cash Interest Paid	566	206	222	197	166
Cash Income Tax Paid	15	34	23	53	-37
Levered Free Cash Flow	2,846	1,560	1,317	-1,353	-84.88
Unlevered Free Cash Flow	3,200	1,918	1,501	-1,236	19.5
Change in Working Capital	2,140	-25	1,637	-284	-851

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