Nikki 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	888	3,066	1,187	1,296	297
Depreciation & Amortization	922	712	545	473	529
Loss (Gain) From Sale of Assets	4	-1,651	-49	54	153
Loss (Gain) From Sale of Investments	-200	-	-	-1	-100
Other Operating Activities	-1,268	-111	-495	-88	-117
Change in Accounts Receivable	632	301	-127	-483	31
Change in Inventory	-523	97	4	-327	59
Change in Accounts Payable	-708	6	-109	177	-248
Change in Other Net Operating Assets	-188	-502	-155	-424	-108
Operating Cash Flow	-441	1,918	801	677	496
Operating Cash Flow Growth	-	139.45%	18.32%	36.49%	-45.43%
Capital Expenditures	-256	-4,589	-3,237	-2,510	-810
Sale of Property, Plant & Equipment	15	3,495	584	3	2
Cash Acquisitions	-	-1,227	-	-	-
Sale (Purchase) of Intangibles	-245	-7	-2	-11	-
Investment in Securities	174	-162	21	50	156
Other Investing Activities	17	38	-35	3	2
Investing Cash Flow	-295	-2,452	-2,669	-2,465	-650
Short-Term Debt Issued	1,000	-	1,000	-	-
Long-Term Debt Issued	-	-	2,660	1,440	100
Total Debt Issued	1,000	-	3,660	1,440	100
Long-Term Debt Repaid	-209	-209	-183	-	-103
Net Debt Issued (Repaid)	791	-209	3,477	1,440	-3
Repurchase of Common Stock	-	-	-147	-	-
Common Dividends Paid	-203	-147	-133	-104	-160
Other Financing Activities	-49	-11	-9	-18	-17
Financing Cash Flow	539	-367	3,188	1,318	-180
Foreign Exchange Rate Adjustments	57	158	117	-108	2
Miscellaneous Cash Flow Adjustments	1	-1	1	-	2
Net Cash Flow	-139	-744	1,438	-578	-330
Free Cash Flow	-697	-2,671	-2,436	-1,833	-314
Free Cash Flow Margin	-8.34%	-28.55%	-27.68%	-20.73%	-5.33%
Free Cash Flow Per Share	-375.04	-1443.56	-1275.08	-959.71	-165.28
Cash Interest Paid	96	71	50	27	30
Cash Income Tax Paid	1,302	113	489	89	116
Levered Free Cash Flow	-794.75	-2,281	-2,294	-2,450	-370.75
Unlevered Free Cash Flow	-737.25	-2,236	-2,264	-2,431	-352
Change in Working Capital	-787	-98	-387	-1,057	-266

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