Sanrin 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
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	1,179	994	815	836
Depreciation & Amortization	751	703	756	798
Loss (Gain) From Sale of Assets	76	53	-4	68
Loss (Gain) on Equity Investments	-34	-25	-23	-37
Other Operating Activities	-147	172	-335	-558
Change in Accounts Receivable	218	-390	312	-876
Change in Inventory	102	314	-476	-280
Change in Accounts Payable	-207	-65	87	348
Change in Other Net Operating Assets	-1,083	247	-25	-352
Operating Cash Flow	855	2,003	1,107	-53
Operating Cash Flow Growth	-57.31%	80.94%	-	-
Capital Expenditures	-871	-711	-778	-652
Sale of Property, Plant & Equipment	34	29	8	13
Sale (Purchase) of Intangibles	-69	-64	-73	-87
Investment in Securities	-81	67	-3	3
Other Investing Activities	-1	-	-1	1
Investing Cash Flow	-971	-677	-854	-720
Short-Term Debt Repaid	-20	-45	-90	-15
Long-Term Debt Repaid	-77	-76	-78	-86
Total Debt Repaid	-97	-121	-168	-101
Net Debt Issued (Repaid)	-97	-121	-168	-101
Common Dividends Paid	-269	-269	-268	-269
Other Financing Activities	-1	-	-1	-1
Financing Cash Flow	-367	-390	-437	-371
Miscellaneous Cash Flow Adjustments	4	-1	-	-
Net Cash Flow	-479	935	-184	-1,144
Free Cash Flow	-16	1,292	329	-705
Free Cash Flow Growth	-	292.70%	-	-
Free Cash Flow Margin	-0.05%	4.03%	1.00%	-2.34%
Free Cash Flow Per Share	-1.31	105.32	26.79	-57.41
Cash Interest Paid	15	10	7	8
Cash Income Tax Paid	302	228	353	573
Levered Free Cash Flow	-521	767.75	-11.38	-1,172
Unlevered Free Cash Flow	-512.25	772.13	-7	-1,167
Change in Working Capital	-970	106	-102	-1,160

Source: S&P Global Market Intelligence. Standard template. Financial Sources.