Osaka Steel 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	5,345	5,741	5,027	3,896	1,552
Depreciation & Amortization	4,786	4,443	4,264	4,125	3,610
Loss (Gain) From Sale of Assets	-116	282	136	143	225
Loss (Gain) From Sale of Investments	-	-39	-2	-100	-248
Other Operating Activities	-2,421	-1,570	-2,691	-379	-1,182
Change in Accounts Receivable	4,987	-3,806	-48	-3,433	49
Change in Inventory	992	-5,478	907	-5,862	-1,695
Change in Accounts Payable	-9,646	2,280	-767	5,260	3,183
Change in Other Net Operating Assets	3,686	-2,920	-1,740	-716	-1,307
Operating Cash Flow	7,613	-1,067	5,086	2,934	4,187
Operating Cash Flow Growth	-	-	73.35%	-29.93%	-75.17%
Capital Expenditures	-7,459	-3,217	-3,768	-4,559	-11,341
Sale of Property, Plant & Equipment	553	296	6	49	1
Investment in Securities	-	49	3	163	372
Other Investing Activities	1,031	-51	1	21	-14
Investing Cash Flow	-5,875	-2,923	-3,758	-4,326	-10,982
Short-Term Debt Issued	-	-	3,029	3,075	-
Long-Term Debt Issued	-	-	828	1,442	1,226
Total Debt Issued	-	-	3,857	4,517	1,226
Short-Term Debt Repaid	-302	-7,176	-	-	-2,239
Long-Term Debt Repaid	-	-8,482	-3,755	-3,145	-3,074
Total Debt Repaid	-302	-15,658	-3,755	-3,145	-5,313
Net Debt Issued (Repaid)	-302	-15,658	102	1,372	-4,087
Common Dividends Paid	-1,148	-953	-836	-544	-778
Other Financing Activities	-22	-22	-15	-7	-20
Financing Cash Flow	-1,472	-16,633	-749	821	-4,885
Foreign Exchange Rate Adjustments	763	258	503	346	-130
Miscellaneous Cash Flow Adjustments	-1	-1	-1	1	-1
Net Cash Flow	1,028	-20,366	1,081	-224	-11,811
Free Cash Flow	154	-4,284	1,318	-1,625	-7,154
Free Cash Flow Margin	0.13%	-3.66%	1.13%	-1.56%	-9.34%
Free Cash Flow Per Share	3.96	-110.07	33.86	-41.75	-183.81
Cash Interest Paid	353	1,273	314	219	430
Cash Income Tax Paid	2,478	1,576	2,856	405	2,089
Levered Free Cash Flow	1,102	5,053	915.75	-4,082	-8,932
Unlevered Free Cash Flow	1,305	5,719	1,217	-3,936	-8,686
Change in Working Capital	19	-9,924	-1,648	-4,751	230

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