Musashi Seimitsu Industry 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	15,348	13,714	6,994	8,712	9,744
Depreciation & Amortization	18,921	19,826	18,908	16,964	16,219
Loss (Gain) From Sale of Assets	747	224	136	448	13
Loss (Gain) From Sale of Investments	1,957	1,697	525	381	79
Loss (Gain) on Equity Investments	363	394	231	37	-
Other Operating Activities	-5,928	-5,931	-4,375	-4,748	-2,611
Change in Accounts Receivable	-2,722	1,869	-5,273	-2,294	-6,035
Change in Inventory	902	-138	-1,313	-5,849	-871
Change in Accounts Payable	-1,286	-1,846	3,105	-1,138	857
Change in Other Net Operating Assets	3,616	1,833	471	-6,708	864
Operating Cash Flow	31,918	31,642	19,409	5,805	18,259
Operating Cash Flow Growth	0.87%	63.03%	234.35%	-68.21%	-30.73%
Capital Expenditures	-15,055	-12,642	-14,294	-16,811	-12,524
Sale of Property, Plant & Equipment	1,356	82	38	280	702
Cash Acquisitions	-238	-	-	-	1,171
Sale (Purchase) of Intangibles	-201	-350	-868	-982	-321
Investment in Securities	-1,825	-2,090	-2,518	-1,705	-639
Other Investing Activities	45	-661	633	-196	12
Investing Cash Flow	-16,096	-15,994	-17,931	-20,131	-12,198
Short-Term Debt Issued	-	-	12,125	1,632	6,397
Long-Term Debt Issued	19,149	20,473	204	26,107	10,039
Total Debt Issued	19,149	20,473	12,329	27,739	16,436
Short-Term Debt Repaid	-13,421	-12,234	-	-	-
Long-Term Debt Repaid	-8,160	-12,637	-12,370	-9,401	-19,523
Total Debt Repaid	-21,581	-24,871	-12,370	-9,401	-19,523
Net Debt Issued (Repaid)	-2,432	-4,398	-41	18,338	-3,087
Common Dividends Paid	-3,275	-1,633	-3,263	-2,936	-1,010
Other Financing Activities	-2,036	-11,721	-1,204	-644	-2,789
Financing Cash Flow	-7,743	-17,752	-4,508	14,758	-6,886
Foreign Exchange Rate Adjustments	-668	2,099	1,468	2,972	2,469
Miscellaneous Cash Flow Adjustments	-2	-1	-9	30	-
Net Cash Flow	7,409	-6	-1,571	3,434	1,644
Free Cash Flow	16,863	19,000	5,115	-11,006	5,735
Free Cash Flow Growth	-11.25%	271.46%	-	-	-41.89%
Free Cash Flow Margin	4.86%	5.43%	1.70%	-4.55%	2.80%
Free Cash Flow Per Share	257.40	290.81	78.34	-168.66	87.94
Cash Interest Paid	2,363	2,987	1,277	644	535
Cash Income Tax Paid	5,882	5,725	4,467	4,742	2,669
Levered Free Cash Flow	15,449	14,156	392.38	-14,051	1,095
Unlevered Free Cash Flow	16,926	15,911	1,253	-13,646	1,435
Change in Working Capital	510	1,718	-3,010	-15,989	-5,185

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