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	2016 - 2020
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	2016 - 2020
Net Income	1,298	1,072	1,415	1,078	1,889	1,734	Upgrade
Depreciation & Amortization	312	302	309	315	351	332	Upgrade
Loss (Gain) From Sale of Assets	34	49	47	70	18	502	Upgrade
Loss (Gain) From Sale of Investments	-	-81	-	-2	-12	-	Upgrade
Other Operating Activities	-316	-604	-183	-553	-740	-745	Upgrade
Change in Accounts Receivable	-1,032	423	-188	1,479	108	-332	Upgrade
Change in Inventory	312	252	-116	-214	127	40	Upgrade
Change in Accounts Payable	265	-122	200	-25	-54	-101	Upgrade
Change in Other Net Operating Assets	-54	-394	431	-215	-164	31	Upgrade
Operating Cash Flow	819	897	1,915	1,933	1,523	1,461	Upgrade
Operating Cash Flow Growth	-48.03%	-53.16%	-0.93%	26.92%	4.24%	51.71%	Upgrade
Capital Expenditures	-421	-294	-215	-459	-390	-335	Upgrade
Sale (Purchase) of Intangibles	-82	-94	-2	-12	-	-59	Upgrade
Investment in Securities	-28	92	-211	-85	61	-27	Upgrade
Other Investing Activities	45	45	-19	20	22	18	Upgrade
Investing Cash Flow	-486	-251	-447	-536	-307	-403	Upgrade
Long-Term Debt Issued	-	400	550	350	450	350	Upgrade
Total Debt Issued	400	400	550	350	450	350	Upgrade
Long-Term Debt Repaid	-	-402	-505	-414	-458	-767	Upgrade
Net Debt Issued (Repaid)	33	-2	45	-64	-8	-417	Upgrade
Repurchase of Common Stock	-	-48	-	-72	-	-	Upgrade
Common Dividends Paid	-320	-346	-319	-321	-304	-304	Upgrade
Financing Cash Flow	-287	-396	-274	-457	-312	-721	Upgrade
Foreign Exchange Rate Adjustments	-14	4	-	10	16	-4	Upgrade
Miscellaneous Cash Flow Adjustments	-2	-2	-	-1	-	-2	Upgrade
Net Cash Flow	30	252	1,194	949	920	331	Upgrade
Free Cash Flow	398	603	1,700	1,474	1,133	1,126	Upgrade
Free Cash Flow Growth	-70.82%	-64.53%	15.33%	30.10%	0.62%	227.33%	Upgrade
Free Cash Flow Margin	2.89%	4.93%	13.56%	11.96%	8.03%	7.87%	Upgrade
Free Cash Flow Per Share	46.01	69.77	196.48	170.46	130.38	129.58	Upgrade
Cash Interest Paid	8	6	5	6	6	9	Upgrade
Cash Income Tax Paid	316	604	185	552	743	745	Upgrade
Levered Free Cash Flow	153.88	446.13	1,657	1,294	967.38	1,031	Upgrade
Unlevered Free Cash Flow	158.88	449.88	1,660	1,297	971.13	1,036	Upgrade
Change in Working Capital	-509	159	327	1,025	17	-362	Upgrade

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