Hochiki 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	10,149	7,769	5,976	5,593	5,273
Depreciation & Amortization	1,481	1,509	1,406	1,304	1,385
Loss (Gain) From Sale of Assets	70	15	2	-8	-1
Loss (Gain) From Sale of Investments	-483	-1	-121	-	-
Other Operating Activities	-3,006	-1,924	-2,002	-1,697	-1,200
Change in Accounts Receivable	3,435	-1,740	-2,353	-1,530	-1,956
Change in Inventory	2,322	-3,786	-3,058	2,068	727
Change in Accounts Payable	-2,466	-2,190	207	1,421	-538
Change in Other Net Operating Assets	372	1,123	358	641	361
Operating Cash Flow	11,874	775	415	7,792	4,051
Operating Cash Flow Growth	1432.13%	86.75%	-94.67%	92.35%	-24.46%
Capital Expenditures	-1,662	-1,592	-2,140	-617	-945
Sale of Property, Plant & Equipment	27	10	32	23	19
Cash Acquisitions	-	-	-214	-	-
Sale (Purchase) of Intangibles	-327	-227	-152	-66	-97
Investment in Securities	1,328	11	179	-74	-8
Other Investing Activities	-3	-738	91	64	80
Investing Cash Flow	-636	-2,535	-2,203	-669	-950
Short-Term Debt Issued	15	-	-	16	152
Total Debt Issued	15	-	-	16	152
Short-Term Debt Repaid	-15	-	-	-302	-435
Long-Term Debt Repaid	-	-20	-74	-	-
Total Debt Repaid	-15	-20	-74	-302	-435
Net Debt Issued (Repaid)	-	-20	-74	-286	-283
Issuance of Common Stock	169	-	-	148	-
Repurchase of Common Stock	-142	-352	-133	-147	-
Common Dividends Paid	-1,535	-1,918	-1,237	-729	-680
Other Financing Activities	-233	-221	-174	-207	-205
Financing Cash Flow	-1,741	-2,511	-1,618	-1,221	-1,168
Foreign Exchange Rate Adjustments	4	376	98	202	173
Miscellaneous Cash Flow Adjustments	-	5	1	-	-
Net Cash Flow	9,501	-3,890	-3,307	6,104	2,106
Free Cash Flow	10,212	-817	-1,725	7,175	3,106
Free Cash Flow Growth	-	-	-	131.00%	-29.94%
Free Cash Flow Margin	10.12%	-0.87%	-2.02%	8.83%	4.06%
Free Cash Flow Per Share	410.93	-32.93	-68.90	286.51	124.04
Cash Interest Paid	29	18	16	19	20
Cash Income Tax Paid	2,846	1,789	1,901	1,626	1,139
Levered Free Cash Flow	8,512	-2,350	-3,253	6,469	1,907
Unlevered Free Cash Flow	8,530	-2,339	-3,243	6,481	1,919
Change in Working Capital	3,663	-6,593	-4,846	2,600	-1,406

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