Punch Industry 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	1,491	-100	2,075	2,847	1,014
Depreciation & Amortization	1,226	1,215	1,154	971	968
Loss (Gain) From Sale of Assets	121	311	318	159	743
Other Operating Activities	-484	-611	-698	-721	-362
Change in Accounts Receivable	77	948	463	-286	433
Change in Inventory	-153	900	82	-417	276
Change in Accounts Payable	-97	-608	-841	193	30
Change in Other Net Operating Assets	90	-779	7	195	-160
Operating Cash Flow	2,271	1,276	2,560	2,941	2,942
Operating Cash Flow Growth	77.98%	-50.16%	-12.96%	-0.03%	18.15%
Capital Expenditures	-1,019	-866	-1,138	-998	-503
Sale of Property, Plant & Equipment	10	253	12	10	10
Cash Acquisitions	-	-	-457	-	-
Sale (Purchase) of Intangibles	-117	-47	-148	-73	-80
Investment in Securities	-1,280	-27	147	-17	-92
Other Investing Activities	-9	3	35	-26	-
Investing Cash Flow	-2,415	-680	-1,546	-1,099	-670
Short-Term Debt Issued	900	-	-	-	-
Long-Term Debt Issued	-	3,400	367	345	50
Total Debt Issued	900	3,400	367	345	50
Short-Term Debt Repaid	-	-1,302	-667	-411	-338
Long-Term Debt Repaid	-1,355	-1,322	-803	-1,326	-1,220
Total Debt Repaid	-1,355	-2,624	-1,470	-1,737	-1,558
Net Debt Issued (Repaid)	-455	776	-1,103	-1,392	-1,508
Issuance of Common Stock	1,269	-	918	99	-
Common Dividends Paid	-470	-562	-346	-131	-43
Other Financing Activities	-163	-216	-225	-176	-133
Financing Cash Flow	181	-2	-756	-1,600	-1,684
Foreign Exchange Rate Adjustments	408	196	286	466	8
Miscellaneous Cash Flow Adjustments	1	1	-1	-1	-
Net Cash Flow	446	791	543	707	596
Free Cash Flow	1,252	410	1,422	1,943	2,439
Free Cash Flow Growth	205.37%	-71.17%	-26.81%	-20.34%	238.28%
Free Cash Flow Margin	3.07%	1.07%	3.32%	4.94%	7.51%
Free Cash Flow Per Share	48.48	16.77	61.53	80.32	111.20
Cash Interest Paid	41	53	53	66	122
Cash Income Tax Paid	509	628	736	732	497
Levered Free Cash Flow	560.63	1,156	575.38	659.5	1,760
Unlevered Free Cash Flow	584.38	1,183	614.13	692.63	1,827
Change in Working Capital	-83	461	-289	-315	579

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