Nippi,Incorporated 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	3,683	3,651	1,768	1,677	6,007
Depreciation & Amortization	1,275	1,536	1,332	1,366	1,408
Loss (Gain) From Sale of Assets	7	123	9	-1	-5,045
Loss (Gain) From Sale of Investments	-69	-	-215	68	4
Loss (Gain) on Equity Investments	-28	-30	-19	-6	11
Other Operating Activities	-1,335	-548	148	-2,089	-338
Change in Accounts Receivable	1,373	-1,195	-718	-376	220
Change in Inventory	617	136	-1,138	397	1,145
Change in Accounts Payable	-1,302	-100	1,407	328	-1,620
Change in Other Net Operating Assets	431	596	93	706	969
Operating Cash Flow	4,652	4,169	2,667	2,070	2,761
Operating Cash Flow Growth	11.59%	56.32%	28.84%	-25.03%	45.47%
Capital Expenditures	-783	-713	-1,044	-1,010	-3,553
Sale of Property, Plant & Equipment	1	31	-	11	6,610
Sale (Purchase) of Intangibles	-54	-33	-32	-36	-13
Investment in Securities	17	-1	166	121	-1
Other Investing Activities	-1	131	83	-10	253
Investing Cash Flow	-815	-580	-821	-917	3,297
Long-Term Debt Issued	2,000	3,770	3,375	2,900	6,100
Total Debt Issued	2,000	3,770	3,375	2,900	6,100
Short-Term Debt Repaid	-602	-394	-72	-447	-3,730
Long-Term Debt Repaid	-4,309	-4,795	-4,565	-4,160	-4,572
Total Debt Repaid	-4,911	-5,189	-4,637	-4,607	-8,302
Net Debt Issued (Repaid)	-2,911	-1,419	-1,262	-1,707	-2,202
Common Dividends Paid	-632	-230	-172	-201	-143
Other Financing Activities	-207	-227	-231	-224	-242
Financing Cash Flow	-3,750	-1,876	-1,665	-2,132	-2,587
Foreign Exchange Rate Adjustments	69	53	36	102	19
Miscellaneous Cash Flow Adjustments	-2	-	-	-1	1
Net Cash Flow	154	1,766	217	-878	3,491
Free Cash Flow	3,869	3,456	1,623	1,060	-792
Free Cash Flow Growth	11.95%	112.94%	53.11%	-	-
Free Cash Flow Margin	7.87%	7.05%	3.62%	2.69%	-2.23%
Free Cash Flow Per Share	1345.38	1201.70	564.32	368.56	-275.37
Cash Interest Paid	136	128	124	125	149
Cash Income Tax Paid	1,333	546	-138	2,094	342
Levered Free Cash Flow	3,216	2,798	974.13	768.38	-627.5
Unlevered Free Cash Flow	3,298	2,877	1,057	849	-533.13
Change in Working Capital	1,119	-563	-356	1,055	714

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.