PILLAR 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	11,977	15,024	14,587	11,822	4,837
Depreciation & Amortization	3,804	3,118	1,954	1,991	2,056
Loss (Gain) From Sale of Assets	70	-13	18	-2	-
Loss (Gain) From Sale of Investments	-325	-115	-80	-	-13
Other Operating Activities	-3,908	-4,731	-4,730	-1,776	-802
Change in Accounts Receivable	3,810	-2,592	-3,762	-117	-1,155
Change in Inventory	-2,353	-2,367	-1,089	-538	-81
Change in Accounts Payable	2,077	-2,640	-744	309	434
Change in Other Net Operating Assets	-968	-44	-96	261	400
Operating Cash Flow	14,184	5,640	6,058	11,950	5,676
Operating Cash Flow Growth	151.49%	-6.90%	-49.30%	110.54%	39.66%
Capital Expenditures	-7,038	-11,465	-2,482	-1,365	-3,163
Sale of Property, Plant & Equipment	-	96	-	-	-
Cash Acquisitions	-	-5,143	-	-	-400
Divestitures	-	-	655	-	-
Investment in Securities	395	328	1,359	-376	-168
Other Investing Activities	-44	-13	-105	190	26
Investing Cash Flow	-6,807	-16,197	-573	-1,551	-3,705
Short-Term Debt Issued	-	-	1,000	-	-
Long-Term Debt Issued	100	11,500	-	100	-
Total Debt Issued	100	11,500	1,000	100	-
Short-Term Debt Repaid	-	-500	-	-	-
Long-Term Debt Repaid	-400	-2,325	-	-4	-439
Total Debt Repaid	-400	-2,825	-	-4	-439
Net Debt Issued (Repaid)	-300	8,675	1,000	96	-439
Repurchase of Common Stock	-	-1	-1,000	-	-800
Common Dividends Paid	-3,564	-3,238	-2,715	-1,771	-958
Other Financing Activities	-95	-113	-75	-36	-41
Financing Cash Flow	-3,959	5,323	-2,790	-1,711	-2,238
Foreign Exchange Rate Adjustments	458	828	46	376	-13
Miscellaneous Cash Flow Adjustments	128	1	-267	229	-1
Net Cash Flow	4,004	-4,405	2,474	9,293	-281
Free Cash Flow	7,146	-5,825	3,576	10,585	2,513
Free Cash Flow Growth	-	-	-66.22%	321.21%	92.72%
Free Cash Flow Margin	12.32%	-9.94%	7.34%	26.03%	8.32%
Free Cash Flow Per Share	306.37	-249.95	151.91	447.76	105.50
Cash Interest Paid	138	22	4	4	3
Cash Income Tax Paid	4,155	4,837	4,729	1,775	719
Levered Free Cash Flow	5,412	-8,214	2,238	9,919	-70.88
Unlevered Free Cash Flow	5,499	-8,151	2,241	9,922	-69
Change in Working Capital	2,566	-7,643	-5,691	-85	-402

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