JAPAN MATERIAL Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	15,091	11,329	8,060	11,214	9,592
Depreciation & Amortization	1,396	1,290	952	710	602
Loss (Gain) From Sale of Assets	31	10	164	72	-1
Other Operating Activities	-4,140	-2,513	-3,046	-2,950	-3,189
Change in Accounts Receivable	-2,479	-728	-4,824	-1,810	-1,444
Change in Inventory	-1,347	1,443	465	-2,822	-1,662
Change in Accounts Payable	306	994	-200	-1,159	1,105
Change in Other Net Operating Assets	747	2,370	2,656	1,486	-550
Operating Cash Flow	9,605	14,195	4,227	4,741	4,453
Operating Cash Flow Growth	-32.34%	235.82%	-10.84%	6.47%	-25.03%
Capital Expenditures	-708	-2,126	-3,855	-2,815	-3,331
Cash Acquisitions	-1,107	-	-1,902	-	-
Sale (Purchase) of Intangibles	-20	-43	-22	-9	-6
Investment in Securities	-4,560	-538	887	-558	-74
Other Investing Activities	-24	-30	-207	-31	-28
Investing Cash Flow	-6,419	-2,737	-5,099	-3,413	-3,439
Short-Term Debt Issued	-	-	-	-	69
Total Debt Issued	-	-	-	-	69
Short-Term Debt Repaid	-	-	-	-152	-
Total Debt Repaid	-	-	-	-152	-
Net Debt Issued (Repaid)	-	-	-	-152	69
Common Dividends Paid	-2,466	-2,054	-2,053	-1,847	-1,641
Other Financing Activities	-94	-91	-80	-79	-71
Financing Cash Flow	-2,560	-2,145	-2,133	-2,078	-1,643
Foreign Exchange Rate Adjustments	77	94	85	54	98
Miscellaneous Cash Flow Adjustments	-1	170	-	1	-
Net Cash Flow	702	9,577	-2,920	-695	-531
Free Cash Flow	8,897	12,069	372	1,926	1,122
Free Cash Flow Growth	-26.28%	3144.36%	-80.69%	71.66%	-80.77%
Free Cash Flow Margin	15.35%	22.91%	0.77%	4.14%	2.95%
Free Cash Flow Per Share	86.57	117.46	3.62	18.76	10.93
Cash Interest Paid	7	6	7	7	6
Cash Income Tax Paid	4,130	2,518	3,049	2,942	3,188
Levered Free Cash Flow	7,152	10,613	-2,098	-65.5	-1,203
Unlevered Free Cash Flow	7,157	10,617	-2,094	-61.13	-1,199
Change in Working Capital	-2,773	4,079	-1,903	-4,305	-2,551

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