JAPAN MATERIAL 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	11,329	8,060	11,214	9,592	8,891
Depreciation & Amortization	1,290	952	710	602	722
Loss (Gain) From Sale of Assets	10	164	72	-1	5
Other Operating Activities	-2,513	-3,046	-2,950	-3,189	-2,489
Change in Accounts Receivable	-728	-4,824	-1,810	-1,444	-1,943
Change in Inventory	1,443	465	-2,822	-1,662	-26
Change in Accounts Payable	994	-200	-1,159	1,105	-530
Change in Other Net Operating Assets	2,370	2,656	1,486	-550	1,310
Operating Cash Flow	14,195	4,227	4,741	4,453	5,940
Operating Cash Flow Growth	235.82%	-10.84%	6.47%	-25.03%	-33.11%
Capital Expenditures	-2,126	-3,855	-2,815	-3,331	-106
Cash Acquisitions	-	-1,902	-	-	-20
Sale (Purchase) of Intangibles	-43	-22	-9	-6	-12
Investment in Securities	-538	887	-558	-74	-600
Other Investing Activities	-30	-207	-31	-28	-33
Investing Cash Flow	-2,737	-5,099	-3,413	-3,439	-771
Short-Term Debt Issued	-	-	-	69	-
Total Debt Issued	-	-	-	69	-
Short-Term Debt Repaid	-	-	-152	-	-13
Total Debt Repaid	-	-	-152	-	-13
Net Debt Issued (Repaid)	-	-	-152	69	-13
Common Dividends Paid	-2,054	-2,053	-1,847	-1,641	-1,436
Other Financing Activities	-91	-80	-79	-71	-63
Financing Cash Flow	-2,145	-2,133	-2,078	-1,643	-1,512
Foreign Exchange Rate Adjustments	94	85	54	98	-11
Miscellaneous Cash Flow Adjustments	170	-	1	-	-2
Net Cash Flow	9,577	-2,920	-695	-531	3,644
Free Cash Flow	12,069	372	1,926	1,122	5,834
Free Cash Flow Growth	3144.36%	-80.69%	71.66%	-80.77%	-31.52%
Free Cash Flow Margin	22.91%	0.77%	4.14%	2.95%	16.55%
Free Cash Flow Per Share	117.46	3.62	18.76	10.93	56.85
Cash Interest Paid	6	7	7	6	5
Cash Income Tax Paid	2,518	3,049	2,942	3,188	2,488
Levered Free Cash Flow	10,613	-2,098	-65.5	-1,203	3,955
Unlevered Free Cash Flow	10,617	-2,094	-61.13	-1,199	3,958
Change in Working Capital	4,079	-1,903	-4,305	-2,551	-1,189

Source: S&P Global Market Intelligence. Standard template. Financial Sources.