SMK Corporation 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	-963	-53	1,906	3,254	2,271
Depreciation & Amortization	2,347	2,451	2,884	2,696	2,237
Loss (Gain) From Sale of Assets	574	451	575	42	189
Loss (Gain) From Sale of Investments	69	-272	23	115	112
Other Operating Activities	-402	-472	-375	-89	-207
Change in Accounts Receivable	-932	1,321	564	1,142	367
Change in Inventory	1,599	1,440	-160	-2,351	103
Change in Accounts Payable	-424	-1,229	-1,189	-1,438	-498
Change in Other Net Operating Assets	571	82	-637	-938	79
Operating Cash Flow	2,439	3,719	3,591	2,433	4,653
Operating Cash Flow Growth	-34.42%	3.56%	47.60%	-47.71%	-26.67%
Capital Expenditures	-2,080	-2,379	-1,945	-1,976	-2,334
Sale of Property, Plant & Equipment	19	260	22	415	52
Sale (Purchase) of Intangibles	-126	-58	-19	-35	-26
Investment in Securities	-34	543	-17	-28	-40
Other Investing Activities	-2	2	-2	-	1
Investing Cash Flow	-2,216	-1,617	-1,944	-1,631	-2,325
Short-Term Debt Issued	800	2,200	200	-	-
Long-Term Debt Issued	2,000	3,300	2,700	3,800	1,400
Total Debt Issued	2,800	5,500	2,900	3,800	1,400
Short-Term Debt Repaid	-	-	-	-2,000	-1,950
Long-Term Debt Repaid	-1,340	-3,991	-2,826	-1,667	-3,055
Total Debt Repaid	-1,340	-3,991	-2,826	-3,667	-5,005
Net Debt Issued (Repaid)	1,460	1,509	74	133	-3,605
Repurchase of Common Stock	-1	-498	-1	-479	-1
Common Dividends Paid	-636	-984	-438	-323	-259
Other Financing Activities	-537	-505	-497	-302	-39
Financing Cash Flow	286	-478	-862	-971	-3,904
Foreign Exchange Rate Adjustments	-291	-341	-375	-66	-94
Miscellaneous Cash Flow Adjustments	-1	-1	-1	-1	-25
Net Cash Flow	217	1,282	409	-236	-1,695
Free Cash Flow	359	1,340	1,646	457	2,319
Free Cash Flow Growth	-73.21%	-18.59%	260.18%	-80.29%	-37.46%
Free Cash Flow Margin	0.75%	2.88%	3.00%	0.95%	4.78%
Free Cash Flow Per Share	56.65	205.36	257.91	72.12	360.32
Cash Interest Paid	228	169	177	115	114
Cash Income Tax Paid	387	359	369	84	212
Levered Free Cash Flow	876	-385.38	-27.13	-1,681	609.88
Unlevered Free Cash Flow	1,014	-287.88	81	-1,616	677.38
Change in Working Capital	814	1,614	-1,422	-3,585	51

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