Nippon Seisen 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	4,590	3,701	4,321	4,644	2,597
Depreciation & Amortization	1,691	1,694	1,601	1,582	1,531
Loss (Gain) From Sale of Assets	7	32	13	75	9
Loss (Gain) From Sale of Investments	-5	-	-2	-44	-
Other Operating Activities	-1,145	-1,045	-1,741	-1,092	-271
Change in Accounts Receivable	46	477	-57	-1,330	-983
Change in Inventory	-551	1,087	-2,300	-1,683	215
Change in Accounts Payable	484	-1,765	64	1,931	453
Change in Other Net Operating Assets	-398	501	-38	390	414
Operating Cash Flow	4,719	4,682	1,861	4,473	3,965
Operating Cash Flow Growth	0.79%	151.58%	-58.39%	12.81%	40.90%
Capital Expenditures	-1,421	-2,637	-1,956	-1,714	-1,480
Sale of Property, Plant & Equipment	-	1	3	-	-
Sale (Purchase) of Intangibles	-	-	-62	-68	-51
Investment in Securities	108	-54	235	79	-260
Other Investing Activities	-28	-133	-1	3	4
Investing Cash Flow	-1,341	-2,823	-1,781	-1,700	-1,787
Long-Term Debt Issued	-	-	500	-	-
Total Debt Issued	-	-	500	-	-
Short-Term Debt Repaid	-20	-62	-15	-110	-
Long-Term Debt Repaid	-162	-162	-194	-178	-178
Total Debt Repaid	-182	-224	-209	-288	-178
Net Debt Issued (Repaid)	-182	-224	291	-288	-178
Issuance of Common Stock	-	-	247	-	-
Repurchase of Common Stock	-	-	-248	-	-1
Common Dividends Paid	-1,513	-1,297	-1,322	-1,041	-520
Other Financing Activities	-10	-16	-14	-8	-3
Financing Cash Flow	-1,705	-1,537	-1,046	-1,337	-702
Foreign Exchange Rate Adjustments	198	165	159	192	58
Miscellaneous Cash Flow Adjustments	-	-1	1	-	-1
Net Cash Flow	1,871	486	-806	1,628	1,533
Free Cash Flow	3,298	2,045	-95	2,759	2,485
Free Cash Flow Growth	61.27%	-	-	11.03%	244.66%
Free Cash Flow Margin	7.05%	4.57%	-0.19%	6.16%	7.29%
Free Cash Flow Per Share	107.53	66.69	-3.10	89.97	81.04
Cash Interest Paid	4	4	3	4	5
Cash Income Tax Paid	1,145	1,044	1,738	1,091	274
Levered Free Cash Flow	2,820	563.75	-269.38	2,170	1,919
Unlevered Free Cash Flow	2,823	566.25	-267.5	2,173	1,922
Change in Working Capital	-419	300	-2,331	-692	99

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