Sincere Co., LTD. Cash Flow Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	-	468	446	112	120	215	Upgrade
Depreciation & Amortization	-	79	14	11	11	22	Upgrade
Other Operating Activities	-	-180	-106	33	-127	-93	Upgrade
Change in Accounts Receivable	-	47	-71	-129	-166	24	Upgrade
Change in Inventory	-	-32	-133	-47	-179	127	Upgrade
Change in Accounts Payable	-	98	65	-109	-15	-90	Upgrade
Change in Other Net Operating Assets	-	-45	31	-178	-67	57	Upgrade
Operating Cash Flow	-	435	246	-307	-423	262	Upgrade
Operating Cash Flow Growth	-	76.83%	-	-	-	41.62%	Upgrade
Capital Expenditures	-	-25	-31	-1	-30	-8	Upgrade
Cash Acquisitions	-	-367	-257	-	4	-	Upgrade
Sale (Purchase) of Intangibles	-	-6	-10	-4	-3	-	Upgrade
Other Investing Activities	-	-23	-78	-23	99	-51	Upgrade
Investing Cash Flow	-	-421	-376	-28	75	-60	Upgrade
Short-Term Debt Issued	-	-	950	150	-	-	Upgrade
Long-Term Debt Issued	-	128	473	376	400	-	Upgrade
Total Debt Issued	-	128	1,423	526	400	-	Upgrade
Short-Term Debt Repaid	-	-150	-	-	-	-	Upgrade
Long-Term Debt Repaid	-	-226	-221	-165	-60	-60	Upgrade
Total Debt Repaid	-	-376	-221	-165	-60	-60	Upgrade
Net Debt Issued (Repaid)	-	-248	1,202	361	340	-60	Upgrade
Issuance of Common Stock	-	4	-	-	-	10	Upgrade
Dividends Paid	-	-88	-25	-31	-81	-24	Upgrade
Other Financing Activities	-	-	-	-	-1	-	Upgrade
Financing Cash Flow	-	-332	1,177	330	258	-74	Upgrade
Foreign Exchange Rate Adjustments	-	13	14	51	21	-20	Upgrade
Miscellaneous Cash Flow Adjustments	-	-	-	-1	1	-2	Upgrade
Net Cash Flow	-	-305	1,061	45	-68	106	Upgrade
Free Cash Flow	-	410	215	-308	-453	254	Upgrade
Free Cash Flow Growth	-	90.70%	-	-	-	42.70%	Upgrade
Free Cash Flow Margin	-	6.27%	3.61%	-5.51%	-9.94%	6.07%	Upgrade
Free Cash Flow Per Share	-	64.19	33.82	-48.76	-71.87	40.52	Upgrade
Cash Interest Paid	-	19	9	4	2	2	Upgrade
Cash Income Tax Paid	-	178	107	-31	127	94	Upgrade
Levered Free Cash Flow	-	407.13	-124.38	-89.75	-458.88	294.38	Upgrade
Unlevered Free Cash Flow	-	417.13	-119.38	-87.25	-457.63	295.63	Upgrade
Change in Net Working Capital	-22	-66	328	187	505	-156	Upgrade

Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.