Musashi Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	4,493	4,738	1,150	2,690	1,821
Depreciation & Amortization	429	396	414	430	493
Loss (Gain) From Sale of Assets	226	-	-	-	27
Loss (Gain) From Sale of Investments	-3	-	-27	14	-
Loss (Gain) on Equity Investments	121	-1,276	7	-26	-33
Other Operating Activities	-1,678	-275	-834	-1,052	61
Change in Accounts Receivable	-668	-241	26	709	-991
Change in Inventory	25	264	-536	-53	64
Change in Accounts Payable	-58	-772	-195	-970	543
Change in Other Net Operating Assets	-330	497	-327	-152	616
Operating Cash Flow	2,557	3,331	-322	1,590	2,601
Operating Cash Flow Growth	-23.24%	-	-	-38.87%	-
Capital Expenditures	-401	-209	-380	-230	-678
Sale of Property, Plant & Equipment	-	6	6	3	9
Sale (Purchase) of Intangibles	-398	-39	-23	-23	-22
Investment in Securities	1,298	-409	24	69	69
Other Investing Activities	-1	-15	1	171	-282
Investing Cash Flow	498	2,334	-3,372	-10	-904
Repurchase of Common Stock	-	-	-	-	-764
Common Dividends Paid	-395	-347	-238	-306	-209
Other Financing Activities	-88	-87	-86	-84	379
Financing Cash Flow	-483	-434	-324	-390	-594
Foreign Exchange Rate Adjustments	3	-	4	1	1
Miscellaneous Cash Flow Adjustments	1	-1	-1	-1	-
Net Cash Flow	2,576	5,230	-4,015	1,190	1,104
Free Cash Flow	2,156	3,122	-702	1,360	1,923
Free Cash Flow Growth	-30.94%	-	-	-29.28%	-
Free Cash Flow Margin	5.31%	8.35%	-2.12%	3.67%	5.31%
Free Cash Flow Per Share	316.39	458.17	-103.02	199.59	277.21
Cash Interest Paid	60	48	39	41	40
Cash Income Tax Paid	1,675	267	832	1,049	-57
Levered Free Cash Flow	1,602	6,226	-3,685	1,232	1,796
Unlevered Free Cash Flow	1,639	6,255	-3,660	1,258	1,821
Change in Working Capital	-1,031	-252	-1,032	-466	232

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