I.A Group 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	1,778	1,776	1,463	1,366	-1,834
Depreciation & Amortization	751	766	724	840	894
Loss (Gain) From Sale of Assets	31	183	24	38	1,427
Loss (Gain) From Sale of Investments	-	-	-	-	4
Other Operating Activities	-669	-63	-226	-804	-300
Change in Accounts Receivable	8	-147	-49	-62	-6
Change in Inventory	-610	-1,011	-97	1,576	756
Change in Accounts Payable	-	-200	-118	616	84
Change in Other Net Operating Assets	196	284	48	-825	531
Operating Cash Flow	1,485	1,588	1,769	2,745	1,556
Operating Cash Flow Growth	-6.49%	-10.23%	-35.56%	76.41%	38.93%
Capital Expenditures	-491	-583	-337	-493	-562
Sale of Property, Plant & Equipment	2	2	5	9	-
Sale (Purchase) of Intangibles	-5	-66	-83	-26	-4
Investment in Securities	-	-	-10	97	-
Other Investing Activities	2	64	-136	-30	-145
Investing Cash Flow	-492	-583	-561	-443	-711
Long-Term Debt Issued	680	-	300	-	1,100
Total Debt Issued	680	-	300	-	1,100
Short-Term Debt Repaid	-780	-500	-450	-	-805
Long-Term Debt Repaid	-685	-792	-1,016	-1,226	-925
Total Debt Repaid	-1,465	-1,292	-1,466	-1,226	-1,730
Net Debt Issued (Repaid)	-785	-1,292	-1,166	-1,226	-630
Repurchase of Common Stock	-	-	-67	-56	-11
Common Dividends Paid	-232	-174	-175	-178	-178
Other Financing Activities	-20	-25	-31	-41	-56
Financing Cash Flow	-1,037	-1,491	-1,439	-1,501	-875
Miscellaneous Cash Flow Adjustments	-	1	-	-	-
Net Cash Flow	-44	-485	-231	801	-30
Free Cash Flow	994	1,005	1,432	2,252	994
Free Cash Flow Growth	-1.09%	-29.82%	-36.41%	126.56%	113.76%
Free Cash Flow Margin	2.67%	2.82%	4.03%	6.29%	3.05%
Free Cash Flow Per Share	684.42	691.97	982.52	1522.96	667.23
Cash Interest Paid	34	26	32	41	48
Cash Income Tax Paid	703	53	213	840	424
Levered Free Cash Flow	1,043	641.25	560.25	2,215	1,236
Unlevered Free Cash Flow	1,064	657.5	580.88	2,241	1,266
Change in Working Capital	-406	-1,074	-216	1,305	1,365

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