Noritake 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	17,295	15,387	12,583	11,485	4,096
Depreciation & Amortization	5,125	4,809	4,773	4,704	4,784
Loss (Gain) From Sale of Assets	257	618	382	1,138	396
Loss (Gain) From Sale of Investments	-3,489	-1,886	-596	-123	-163
Loss (Gain) on Equity Investments	-2,000	-1,785	-1,572	-1,403	-708
Other Operating Activities	-5,169	-1,922	-2,943	-1,120	-1,003
Change in Accounts Receivable	2,101	5,337	-7,004	-2,623	508
Change in Inventory	-191	-5,435	-5,900	-2,612	2,016
Change in Accounts Payable	-7,861	2,257	1,190	3,258	-2,594
Change in Other Net Operating Assets	-4,053	4,656	-1,126	131	-1,429
Operating Cash Flow	2,015	22,036	-213	12,835	5,903
Operating Cash Flow Growth	-90.86%	-	-	117.43%	-28.29%
Capital Expenditures	-6,810	-5,313	-5,358	-4,821	-6,430
Sale of Property, Plant & Equipment	511	220	645	61	87
Cash Acquisitions	-440	-	-	-	-
Investment in Securities	2,340	2,176	1,602	-266	350
Other Investing Activities	-843	-309	-338	-688	-1,629
Investing Cash Flow	-5,263	-3,240	-3,524	-5,823	-7,601
Short-Term Debt Issued	3,483	-	6,874	-	2,810
Total Debt Issued	3,483	-	6,874	-	2,810
Short-Term Debt Repaid	-	-9,846	-	-1,386	-
Long-Term Debt Repaid	-	-	-900	-15	-9
Total Debt Repaid	-	-9,846	-900	-1,401	-9
Net Debt Issued (Repaid)	3,483	-9,846	5,974	-1,401	2,801
Issuance of Common Stock	-	-	270	-	-
Repurchase of Common Stock	-2,503	-6	-274	-3	-4
Common Dividends Paid	-3,812	-3,457	-2,496	-1,464	-1,172
Other Financing Activities	-198	-185	-168	-2,521	-28
Financing Cash Flow	-3,030	-13,494	3,306	-5,389	1,597
Foreign Exchange Rate Adjustments	138	680	290	369	-98
Miscellaneous Cash Flow Adjustments	-	-	416	-	1
Net Cash Flow	-6,140	5,982	275	1,992	-198
Free Cash Flow	-4,795	16,723	-5,571	8,014	-527
Free Cash Flow Margin	-3.47%	12.13%	-3.99%	6.28%	-0.49%
Free Cash Flow Per Share	-166.86	577.53	-193.00	277.61	-18.26
Cash Interest Paid	32	20	26	25	26
Cash Income Tax Paid	5,772	2,448	3,407	1,511	1,193
Levered Free Cash Flow	-4,745	14,406	-9,001	4,736	-2,518
Unlevered Free Cash Flow	-4,725	14,419	-8,985	4,752	-2,501
Change in Working Capital	-10,004	6,815	-12,840	-1,846	-1,499

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