Fukuda Denshi 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	27,127	26,986	25,202	23,724	21,030
Depreciation & Amortization	10,549	9,725	9,368	9,016	8,360
Loss (Gain) From Sale of Assets	-74	76	61	123	-5
Loss (Gain) From Sale of Investments	-331	-	45	-60	-351
Other Operating Activities	-7,490	-8,910	-7,795	-8,976	-4,734
Change in Accounts Receivable	2,153	-8	-1,612	6,571	-7,864
Change in Inventory	2,377	95	-1,957	-599	-476
Change in Accounts Payable	-1,791	-3,063	-538	-7,540	5,367
Change in Other Net Operating Assets	499	-987	363	852	416
Operating Cash Flow	33,019	23,914	23,137	23,111	21,743
Operating Cash Flow Growth	38.07%	3.36%	0.11%	6.29%	7.46%
Capital Expenditures	-12,496	-13,464	-11,927	-13,799	-11,435
Sale of Property, Plant & Equipment	289	19	45	6	577
Sale (Purchase) of Intangibles	-395	-659	-612	-559	-417
Investment in Securities	-2,201	484	-416	1,470	503
Other Investing Activities	-2,265	-1,174	-1,317	2,076	-424
Investing Cash Flow	-17,053	-14,779	-14,210	-10,789	-11,267
Issuance of Common Stock	9	10	102	18	64
Repurchase of Common Stock	-2	-11,258	-93	-1	-65
Common Dividends Paid	-5,519	-5,492	-5,253	-4,564	-2,737
Other Financing Activities	-298	-326	-307	-285	-308
Financing Cash Flow	-5,810	-17,066	-5,551	-4,832	-3,046
Foreign Exchange Rate Adjustments	-5	190	391	-23	49
Miscellaneous Cash Flow Adjustments	-1	-	141	-1	-1
Net Cash Flow	10,150	-7,741	3,908	7,466	7,478
Free Cash Flow	20,523	10,450	11,210	9,312	10,308
Free Cash Flow Growth	96.39%	-6.78%	20.38%	-9.66%	32.04%
Free Cash Flow Margin	14.76%	7.45%	8.33%	7.05%	7.02%
Free Cash Flow Per Share	711.94	347.96	370.62	307.92	340.90
Cash Interest Paid	50	34	37	37	39
Cash Income Tax Paid	7,443	8,867	7,757	8,977	4,736
Levered Free Cash Flow	18,744	8,427	7,436	5,968	10,001
Unlevered Free Cash Flow	18,775	8,448	7,459	5,991	10,026
Change in Working Capital	3,238	-3,963	-3,744	-716	-2,557

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