Nippon Avionics Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Sep '25 Sep 30, 2025	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	2016 - 2020
Net Income	3,504	2,710	2,152	2,003	1,781	937	Upgrade
Depreciation & Amortization	527	478	287	217	250	291	Upgrade
Loss (Gain) From Sale of Assets	-	-	-	-83	-	-	Upgrade
Other Operating Activities	-816	-372	-249	-339	-21	-37	Upgrade
Change in Accounts Receivable	-3,315	797	-1,932	-2,254	2,205	-311	Upgrade
Change in Inventory	-839	-420	-426	-192	665	-490	Upgrade
Change in Accounts Payable	1,322	-396	-340	523	-709	839	Upgrade
Change in Other Net Operating Assets	-645	-647	302	-735	-819	-370	Upgrade
Operating Cash Flow	-262	2,150	-206	-860	3,352	859	Upgrade
Operating Cash Flow Growth	-	-	-	-	290.22%	-	Upgrade
Capital Expenditures	-425	-415	-500	-164	-153	-221	Upgrade
Sale of Property, Plant & Equipment	-	-	-	350	-	-	Upgrade
Sale (Purchase) of Intangibles	-109	-56	-20	-38	-115	-73	Upgrade
Other Investing Activities	-1	-	3	3	5	-6	Upgrade
Investing Cash Flow	-535	-471	-517	151	-263	-300	Upgrade
Short-Term Debt Issued	-	60	1,200	420	-	320	Upgrade
Long-Term Debt Issued	-	-	-	240	1,900	-	Upgrade
Total Debt Issued	3,060	60	1,200	660	1,900	320	Upgrade
Short-Term Debt Repaid	-	-	-	-	-2,350	-	Upgrade
Long-Term Debt Repaid	-	-60	-60	-880	-880	-880	Upgrade
Total Debt Repaid	-60	-60	-60	-880	-3,230	-880	Upgrade
Net Debt Issued (Repaid)	3,000	-	1,140	-220	-1,330	-560	Upgrade
Repurchase of Common Stock	-2,001	-1,991	-48	-10	-1,003	-57	Upgrade
Common Dividends Paid	-91	-99	-101	-	-	-	Upgrade
Other Financing Activities	-59	5	-35	-	-	-	Upgrade
Financing Cash Flow	849	-2,085	956	-230	-2,333	-617	Upgrade
Miscellaneous Cash Flow Adjustments	1	-1	-	1	-	-	Upgrade
Net Cash Flow	53	-407	233	-938	756	-58	Upgrade
Free Cash Flow	-687	1,735	-706	-1,024	3,199	638	Upgrade
Free Cash Flow Growth	-	-	-	-	401.41%	-	Upgrade
Free Cash Flow Margin	-2.90%	8.62%	-3.91%	-5.77%	16.63%	3.16%	Upgrade
Free Cash Flow Per Share	-44.68	109.87	-43.33	-68.45	189.63	29.19	Upgrade
Cash Interest Paid	59	45	29	25	40	49	Upgrade
Cash Income Tax Paid	817	374	247	338	17	35	Upgrade
Levered Free Cash Flow	-692.5	1,830	-707.25	-1,196	2,957	1,428	Upgrade
Unlevered Free Cash Flow	-654.38	1,859	-689.13	-1,180	2,981	1,458	Upgrade
Change in Working Capital	-3,477	-666	-2,396	-2,658	1,342	-332	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.