Iseki & Cash Flow Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	4,434	-1,531	1,900	5,257	4,366
Depreciation & Amortization	5,201	5,433	5,622	6,105	6,565
Loss (Gain) From Sale of Assets	-499	2,428	173	1,820	324
Loss (Gain) From Sale of Investments	89	-	17	7	-4
Other Operating Activities	-2,032	-583	-1,242	-871	-895
Change in Accounts Receivable	-1,679	1,894	1,202	-5,166	423
Change in Inventory	11,979	7,451	-6,351	-11,444	2,418
Change in Accounts Payable	5,091	-7,264	-4,515	5,455	2,111
Change in Other Net Operating Assets	872	997	735	-4,538	-1,075
Operating Cash Flow	23,456	8,825	-2,459	-3,375	14,233
Operating Cash Flow Growth	165.79%	-	-	-	46.82%
Capital Expenditures	-6,566	-5,707	-5,759	-4,800	-4,646
Sale of Property, Plant & Equipment	1,938	560	318	450	816
Cash Acquisitions	-	-	-	1,573	-
Investment in Securities	56	-627	60	-315	7
Other Investing Activities	195	97	90	102	160
Investing Cash Flow	-4,442	-5,843	-5,416	-2,984	-2,039
Short-Term Debt Issued	-	4,498	2,631	723	-
Long-Term Debt Issued	3,153	3,950	19,766	10,015	7,360
Total Debt Issued	3,153	8,448	22,397	10,738	7,360
Short-Term Debt Repaid	-6,517	-	-	-	-6,342
Long-Term Debt Repaid	-9,916	-11,261	-14,021	-7,078	-8,060
Total Debt Repaid	-16,433	-11,261	-14,021	-7,078	-14,402
Net Debt Issued (Repaid)	-13,280	-2,813	8,376	3,660	-7,042
Issuance of Common Stock	-	-	-	312	-
Repurchase of Common Stock	-	-	-	-312	-1
Common Dividends Paid	-685	-686	-688	-679	-1
Other Financing Activities	-1,167	-1,600	-966	-948	-1,294
Financing Cash Flow	-15,132	-5,099	6,722	2,033	-8,338
Foreign Exchange Rate Adjustments	243	416	304	225	191
Miscellaneous Cash Flow Adjustments	564	1	1	-	1
Net Cash Flow	4,689	-1,700	-848	-4,101	4,048
Free Cash Flow	16,890	3,118	-8,218	-8,175	9,587
Free Cash Flow Growth	441.69%	-	-	-	212.48%
Free Cash Flow Margin	9.09%	1.85%	-4.84%	-4.91%	6.06%
Free Cash Flow Per Share	746.37	137.84	-363.26	-361.37	423.78
Cash Interest Paid	1,409	1,436	1,093	656	546
Cash Income Tax Paid	2,002	445	1,278	881	907
Levered Free Cash Flow	17,743	1,457	-9,202	-12,465	9,815
Unlevered Free Cash Flow	18,612	2,341	-8,499	-12,050	10,160
Change in Working Capital	16,263	3,078	-8,929	-15,693	3,877

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