Nittoseiko Cash Flow Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	2,152	3,442	2,830	3,194	3,606
Depreciation & Amortization	1,460	1,402	1,489	1,421	1,294
Loss (Gain) From Sale of Assets	-35.83	76	20	12	3
Loss (Gain) From Sale of Investments	-129.6	55	20	380	-121
Loss (Gain) on Equity Investments	-	-16	-28	-37	-29
Other Operating Activities	951.65	-854	-1,040	-1,359	-618
Change in Accounts Receivable	1,228	-339	1,348	-892	-1,325
Change in Inventory	-143.71	204	-829	-1,150	-917
Change in Accounts Payable	-2,007	187	-405	-158	1,445
Change in Other Net Operating Assets	-545.82	-450	-254	-412	312
Operating Cash Flow	2,930	3,707	3,151	999	3,650
Operating Cash Flow Growth	-20.95%	17.64%	215.41%	-72.63%	8.37%
Capital Expenditures	-1,745	-936	-1,131	-1,039	-923
Sale of Property, Plant & Equipment	389.67	26	-15	-12	-
Cash Acquisitions	-1,566	-	-	-1,351	-
Divestitures	-	180	-	-	-
Investment in Securities	349.97	-52	86	562	85
Other Investing Activities	-161.82	-117	-127	-146	-156
Investing Cash Flow	-2,733	-899	-1,187	-1,987	-993
Short-Term Debt Issued	138.86	-	-	-	-
Long-Term Debt Issued	800	-	-	33	118
Total Debt Issued	938.86	-	-	33	118
Short-Term Debt Repaid	-	-200	-807	-170	-229
Long-Term Debt Repaid	-551.31	-172	-256	-415	-265
Total Debt Repaid	-551.31	-372	-1,063	-585	-494
Net Debt Issued (Repaid)	387.55	-372	-1,063	-552	-376
Issuance of Common Stock	32.06	1	286	10	263
Repurchase of Common Stock	-0.21	-250	-505	-	-
Common Dividends Paid	-737.05	-690	-636	-614	-446
Other Financing Activities	-106	-115	-156	-145	-145
Financing Cash Flow	-423.65	-1,426	-2,074	-1,301	-704
Foreign Exchange Rate Adjustments	51.46	195	-167	159	184
Miscellaneous Cash Flow Adjustments	-	-	-1	1	-1
Net Cash Flow	-174.52	1,577	-278	-2,129	2,136
Free Cash Flow	1,186	2,771	2,020	-40	2,727
Free Cash Flow Growth	-57.21%	37.18%	-	-	42.63%
Free Cash Flow Margin	2.36%	5.89%	4.52%	-0.09%	6.73%
Free Cash Flow Per Share	32.69	75.81	54.67	-1.08	73.90
Cash Interest Paid	61.89	20	19	22	20
Cash Income Tax Paid	1,099	855	1,040	1,362	619
Levered Free Cash Flow	-	2,279	1,415	-1,105	2,260
Unlevered Free Cash Flow	-	2,292	1,425	-1,090	2,273
Change in Working Capital	-1,468	-398	-140	-2,612	-485

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