Max Co., Ltd. (TYO:6454)
Japan · Delayed Price · Currency is JPY 1,704.00
-39.00 (-2.24%)
Nov 6, 2026, 3:30 PM JST
Max Co., Ltd. Cash Flow Statement
Financials in millions JPY. Fiscal year is April - March.
Millions JPY. Fiscal year is Apr - Mar.
Operating Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 | 15,075 | 18,541 | 15,208 | 13,699 | 10,300 | 8,249 |
Depreciation & Amortization | 3,724 | 3,422 | 3,309 | 3,054 | 3,022 | 2,811 |
Loss (Gain) From Sale of Assets | -72 | -57 | 83 | 60 | 200 | 33 |
Loss (Gain) From Sale of Investments | -323 | -103 | -483 | -69 | 9 | - |
Other Operating Activities | 776 | -3,989 | -2,862 | -4,291 | -2,890 | -1,667 |
Change in Accounts Receivable | -257 | -755 | 192 | -632 | -714 | -940 |
Change in Inventory | -2,290 | -1,411 | 539 | 887 | -2,329 | -2,230 |
Change in Accounts Payable | 380 | 370 | -192 | -292 | -136 | 433 |
Change in Other Net Operating Assets | -791 | -1,219 | -1,206 | -296 | 786 | -1,060 |
Operating Cash Flow | 16,381 | 14,799 | 14,588 | 12,120 | 8,248 | 5,629 |
Operating Cash Flow Growth | 10.96% | 1.45% | 20.36% | 46.95% | 46.53% | -36.02% |
Investing Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Capital Expenditures | -3,309 | -3,018 | -2,709 | -2,708 | -3,387 | -4,160 |
Sale of Property, Plant & Equipment | 123 | 138 | 16 | -16 | 7 | 10 |
Sale (Purchase) of Intangibles | -347 | -366 | -247 | -236 | -186 | -227 |
Investment in Securities | 3,958 | -113 | 1,235 | -733 | 2,464 | 1,905 |
Other Investing Activities | -37 | - | -1 | -2 | -13 | -5 |
Investing Cash Flow | -1,518 | -3,406 | -1,750 | -3,715 | -1,085 | -2,442 |
Financing Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Short-Term Debt Issued | - | - | - | 750 | 125 | - |
Total Debt Issued | - | - | - | 750 | 125 | - |
Short-Term Debt Repaid | - | - | -300 | -1,550 | -150 | - |
Total Debt Repaid | -349 | - | -300 | -1,550 | -150 | - |
Net Debt Issued (Repaid) | -349 | - | -300 | -800 | -25 | - |
Repurchase of Common Stock | -8,492 | -5,600 | -2,301 | -2,433 | - | -744 |
Common Dividends Paid | -6,620 | -5,238 | -4,693 | -3,687 | -3,024 | -2,290 |
Other Financing Activities | -2 | -323 | -320 | -276 | -283 | -240 |
Financing Cash Flow | -15,463 | -11,161 | -7,614 | -7,196 | -3,332 | -3,274 |
Net Cash Flow
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | 649 | 1,456 | -220 | 1,383 | 721 | 1,102 |
Miscellaneous Cash Flow Adjustments | -3 | -1 | -1 | -1 | - | -1 |
Net Cash Flow | 46 | 1,687 | 5,003 | 2,591 | 4,552 | 1,014 |
Free Cash Flow
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | 13,072 | 11,781 | 11,879 | 9,412 | 4,861 | 1,469 |
Free Cash Flow Growth | 8.18% | -0.83% | 26.21% | 93.62% | 230.91% | -61.89% |
Free Cash Flow Margin | 12.31% | 11.83% | 12.93% | 10.86% | 5.76% | 1.99% |
Free Cash Flow Per Share | 73.14 | 64.92 | 63.97 | 50.18 | 25.69 | 7.74 |
Levered Free Cash Flow | 11,706 | 8,939 | 10,575 | 6,102 | 4,282 | 302.88 |
Unlevered Free Cash Flow | 11,726 | 8,954 | 10,590 | 6,124 | 4,308 | 338.5 |
Additional Metrics
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Cash Interest Paid | 21 | 15 | 24 | 32 | 40 | 62 |
Cash Income Tax Paid | 4,145 | 3,990 | 2,855 | 4,298 | 2,915 | 1,703 |
Change in Working Capital | -2,958 | -3,015 | -667 | -333 | -2,393 | -3,797 |