Hakudo 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	3,214	2,847	3,988	4,373	1,886
Depreciation & Amortization	1,198	1,089	845	839	835
Loss (Gain) From Sale of Assets	2	12	5	3	1
Other Operating Activities	-757	-1,152	-1,810	-806	-439
Change in Accounts Receivable	-719	861	584	-4,097	-287
Change in Inventory	-2,198	499	-2,404	-1,790	139
Change in Accounts Payable	1,471	-2,014	-302	5,726	-386
Change in Other Net Operating Assets	-429	385	-585	307	378
Operating Cash Flow	1,782	2,527	321	4,555	2,127
Operating Cash Flow Growth	-29.48%	687.23%	-92.95%	114.15%	41.52%
Capital Expenditures	-678	-1,338	-434	-459	-441
Sale of Property, Plant & Equipment	7	5	2	-	9
Cash Acquisitions	-	-	-795	-	-
Sale (Purchase) of Intangibles	-198	-210	-261	-204	-110
Investment in Securities	-13	-56	-60	-10	-9
Other Investing Activities	-11	-13	-4	-4	-1
Investing Cash Flow	-893	-1,612	-1,552	-677	-552
Long-Term Debt Repaid	-	-372	-	-	-
Net Debt Issued (Repaid)	-	-372	-	-	-
Common Dividends Paid	-1,064	-974	-1,416	-1,201	-657
Other Financing Activities	-63	18	-	-	-
Financing Cash Flow	-1,127	-1,328	-1,416	-1,201	-657
Foreign Exchange Rate Adjustments	11	75	11	73	38
Miscellaneous Cash Flow Adjustments	1	1	-	-	-1
Net Cash Flow	-226	-337	-2,636	2,750	955
Free Cash Flow	1,104	1,189	-113	4,096	1,686
Free Cash Flow Growth	-7.15%	-	-	142.94%	146.85%
Free Cash Flow Margin	1.66%	2.08%	-0.18%	7.39%	4.30%
Free Cash Flow Per Share	97.34	104.83	-9.96	361.14	148.65
Cash Interest Paid	-	5	-	-	-
Cash Income Tax Paid	758	1,153	1,810	807	439
Levered Free Cash Flow	559	480.38	-823.75	3,537	1,567
Unlevered Free Cash Flow	559	483.5	-823.75	3,537	1,567
Change in Working Capital	-1,875	-269	-2,707	146	-156

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