ANEST IWATA 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	7,271	7,987	7,091	5,541	4,136
Depreciation & Amortization	2,485	2,251	2,075	1,764	1,631
Loss (Gain) From Sale of Assets	-14	13	8	8	104
Loss (Gain) From Sale of Investments	-215	-14	-	22	-10
Loss (Gain) on Equity Investments	1,929	-490	-306	-197	-102
Other Operating Activities	-2,720	-2,082	-1,903	-1,325	-628
Change in Accounts Receivable	-107	-131	-645	-931	1,107
Change in Inventory	927	409	-338	-2,118	-757
Change in Accounts Payable	-856	-181	-407	519	-171
Change in Other Net Operating Assets	1,046	-992	-1,246	606	-708
Operating Cash Flow	9,746	6,770	4,329	3,889	4,602
Operating Cash Flow Growth	43.96%	56.39%	11.31%	-15.49%	11.13%
Capital Expenditures	-2,663	-1,818	-1,847	-866	-512
Sale of Property, Plant & Equipment	68	27	23	15	21
Sale (Purchase) of Intangibles	-322	-348	-325	-568	-253
Investment in Securities	-288	967	-1,135	519	-310
Other Investing Activities	-62	-95	-38	-189	-3
Investing Cash Flow	-3,255	-1,260	-3,323	-1,078	-1,067
Short-Term Debt Issued	-	25	-	-	-
Long-Term Debt Issued	94	-	-	54	36
Total Debt Issued	94	25	-	54	36
Short-Term Debt Repaid	-207	-	-9	-52	-94
Long-Term Debt Repaid	-158	-90	-35	-40	-18
Total Debt Repaid	-365	-90	-44	-92	-112
Net Debt Issued (Repaid)	-271	-65	-44	-38	-76
Issuance of Common Stock	134	-	-	-	-
Repurchase of Common Stock	-768	-891	-159	-340	-500
Common Dividends Paid	-1,951	-1,787	-1,345	-1,032	-1,001
Other Financing Activities	-1,076	-841	-809	-693	-381
Financing Cash Flow	-3,932	-3,584	-2,357	-2,103	-1,958
Foreign Exchange Rate Adjustments	518	603	516	565	-25
Miscellaneous Cash Flow Adjustments	-	-2	-	-	-2
Net Cash Flow	3,077	2,527	-835	1,273	1,550
Free Cash Flow	7,083	4,952	2,482	3,023	4,090
Free Cash Flow Growth	43.03%	99.52%	-17.90%	-26.09%	24.92%
Free Cash Flow Margin	13.02%	9.27%	5.12%	7.14%	11.49%
Free Cash Flow Per Share	179.21	122.65	61.32	73.68	98.75
Cash Interest Paid	106	72	58	57	63
Cash Income Tax Paid	2,769	2,097	1,923	1,373	920
Levered Free Cash Flow	2,538	3,329	1,294	1,177	3,127
Unlevered Free Cash Flow	2,604	3,374	1,330	1,213	3,167
Change in Working Capital	1,010	-895	-2,636	-1,924	-529

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