Japan Insulation 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	Sep '25 Sep 30, 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	1,298	1,072	1,415	1,078	1,889	1,734
Depreciation & Amortization	312	302	309	315	351	332
Loss (Gain) From Sale of Assets	34	49	47	70	18	502
Loss (Gain) From Sale of Investments	-	-81	-	-2	-12	-
Other Operating Activities	-316	-604	-183	-553	-740	-745
Change in Accounts Receivable	-1,032	423	-188	1,479	108	-332
Change in Inventory	312	252	-116	-214	127	40
Change in Accounts Payable	265	-122	200	-25	-54	-101
Change in Other Net Operating Assets	-54	-394	431	-215	-164	31
Operating Cash Flow	819	897	1,915	1,933	1,523	1,461
Operating Cash Flow Growth	-48.03%	-53.16%	-0.93%	26.92%	4.24%	51.71%
Capital Expenditures	-421	-294	-215	-459	-390	-335
Sale (Purchase) of Intangibles	-82	-94	-2	-12	-	-59
Investment in Securities	-28	92	-211	-85	61	-27
Other Investing Activities	45	45	-19	20	22	18
Investing Cash Flow	-486	-251	-447	-536	-307	-403
Long-Term Debt Issued	-	400	550	350	450	350
Total Debt Issued	400	400	550	350	450	350
Long-Term Debt Repaid	-	-402	-505	-414	-458	-767
Net Debt Issued (Repaid)	33	-2	45	-64	-8	-417
Repurchase of Common Stock	-	-48	-	-72	-	-
Common Dividends Paid	-320	-346	-319	-321	-304	-304
Financing Cash Flow	-287	-396	-274	-457	-312	-721
Foreign Exchange Rate Adjustments	-14	4	-	10	16	-4
Miscellaneous Cash Flow Adjustments	-2	-2	-	-1	-	-2
Net Cash Flow	30	252	1,194	949	920	331
Free Cash Flow	398	603	1,700	1,474	1,133	1,126
Free Cash Flow Growth	-70.82%	-64.53%	15.33%	30.10%	0.62%	227.33%
Free Cash Flow Margin	2.89%	4.93%	13.56%	11.96%	8.03%	7.87%
Free Cash Flow Per Share	46.01	69.77	196.48	170.46	130.38	129.58
Cash Interest Paid	8	6	5	6	6	9
Cash Income Tax Paid	316	604	185	552	743	745
Levered Free Cash Flow	153.88	446.13	1,657	1,294	967.38	1,031
Unlevered Free Cash Flow	158.88	449.88	1,660	1,297	971.13	1,036
Change in Working Capital	-509	159	327	1,025	17	-362

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.