Iwaki 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	6,523	6,176	5,166	3,107	2,596
Depreciation & Amortization	1,545	1,700	1,068	842	764
Loss (Gain) From Sale of Investments	-1	-4	-7	-140	-
Loss (Gain) on Equity Investments	-488	-536	-1,020	-801	-509
Other Operating Activities	-1,291	-686	-119	-85	57
Change in Accounts Receivable	-318	-653	-125	-786	49
Change in Inventory	-387	-2,274	-2,361	-1,707	7
Change in Accounts Payable	-2,049	-1,355	884	1,954	-554
Change in Other Net Operating Assets	-71	196	-1,572	326	-321
Operating Cash Flow	3,463	2,564	1,914	2,710	2,089
Operating Cash Flow Growth	35.06%	33.96%	-29.37%	29.73%	-2.29%
Capital Expenditures	-766	-1,084	-1,294	-627	-593
Sale of Property, Plant & Equipment	-	1	1	2	-
Cash Acquisitions	-	-	-318	-	-442
Investment in Securities	152	-1,296	136	197	128
Other Investing Activities	-170	-108	-43	-1	-13
Investing Cash Flow	-784	-2,487	-1,518	-429	-920
Short-Term Debt Issued	59	-	48	489	107
Long-Term Debt Issued	-	-	800	-	750
Total Debt Issued	59	-	848	489	857
Short-Term Debt Repaid	-	-275	-	-	-
Long-Term Debt Repaid	-155	-155	-117	-75	-38
Total Debt Repaid	-155	-430	-117	-75	-38
Net Debt Issued (Repaid)	-96	-430	731	414	819
Repurchase of Common Stock	-	-	-	-181	-
Common Dividends Paid	-1,458	-1,211	-1,063	-723	-561
Other Financing Activities	-322	-213	-87	-89	-109
Financing Cash Flow	-1,876	-1,854	-419	-579	149
Foreign Exchange Rate Adjustments	364	-141	141	-64	-89
Miscellaneous Cash Flow Adjustments	1	-	-	-1	-
Net Cash Flow	1,168	-1,918	118	1,637	1,229
Free Cash Flow	2,697	1,480	620	2,083	1,496
Free Cash Flow Growth	82.23%	138.71%	-70.23%	39.24%	3.39%
Free Cash Flow Margin	5.89%	3.32%	1.64%	6.42%	5.31%
Free Cash Flow Per Share	122.02	67.14	28.24	95.06	67.89
Cash Interest Paid	77	74	33	12	17
Cash Income Tax Paid	1,785	1,281	1,355	598	277
Levered Free Cash Flow	2,157	-669.13	-711.88	1,428	1,049
Unlevered Free Cash Flow	2,209	-619.75	-688.13	1,439	1,064
Change in Working Capital	-2,825	-4,086	-3,174	-213	-819

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