Hakudo 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	3,190	3,214	2,847	3,988	4,373
Depreciation & Amortization	1,158	1,198	1,089	845	839
Loss (Gain) From Sale of Assets	3	2	12	5	3
Other Operating Activities	-1,083	-757	-1,152	-1,810	-806
Change in Accounts Receivable	431	-719	861	584	-4,097
Change in Inventory	89	-2,198	499	-2,404	-1,790
Change in Accounts Payable	459	1,471	-2,014	-302	5,726
Change in Other Net Operating Assets	246	-429	385	-585	307
Operating Cash Flow	4,493	1,782	2,527	321	4,555
Operating Cash Flow Growth	152.13%	-29.48%	687.23%	-92.95%	114.15%
Capital Expenditures	-788	-678	-1,338	-434	-459
Sale of Property, Plant & Equipment	30	7	5	2	-
Cash Acquisitions	-	-	-	-795	-
Sale (Purchase) of Intangibles	-101	-198	-210	-261	-204
Investment in Securities	-141	-13	-56	-60	-10
Other Investing Activities	-164	-11	-13	-4	-4
Investing Cash Flow	-1,373	-893	-1,612	-1,552	-677
Long-Term Debt Repaid	-	-	-372	-	-
Net Debt Issued (Repaid)	-	-	-372	-	-
Common Dividends Paid	-771	-1,064	-974	-1,416	-1,201
Other Financing Activities	-283	-63	18	-	-
Financing Cash Flow	-1,054	-1,127	-1,328	-1,416	-1,201
Foreign Exchange Rate Adjustments	130	11	75	11	73
Miscellaneous Cash Flow Adjustments	-	1	1	-	-
Net Cash Flow	2,196	-226	-337	-2,636	2,750
Free Cash Flow	3,705	1,104	1,189	-113	4,096
Free Cash Flow Growth	235.60%	-7.15%	-	-	142.94%
Free Cash Flow Margin	5.44%	1.66%	2.08%	-0.18%	7.39%
Free Cash Flow Per Share	326.67	97.34	104.83	-9.96	361.14
Cash Interest Paid	-	-	5	-	-
Cash Income Tax Paid	989	758	1,153	1,810	807
Levered Free Cash Flow	3,404	559	480.38	-823.75	3,537
Unlevered Free Cash Flow	3,404	559	483.5	-823.75	3,537
Change in Working Capital	1,225	-1,875	-269	-2,707	146

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