Shin-Etsu Polymer 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	9,899	13,207	11,778	11,373	9,413
Depreciation & Amortization	6,336	5,789	4,663	4,141	3,790
Loss (Gain) From Sale of Assets	-58	183	51	1,761	794
Asset Writedown & Restructuring Costs	51	-	-	-	-
Loss (Gain) From Sale of Investments	-67	-158	-96	-	31
Other Operating Activities	698	-2,287	-3,886	-3,234	-2,100
Change in Accounts Receivable	398	-441	3,093	-1,649	-786
Change in Inventory	790	-671	-215	-3,967	-2,950
Change in Accounts Payable	-4,617	-1,025	-2,466	1,137	1,682
Change in Other Net Operating Assets	1,020	1,416	-949	-438	-115
Operating Cash Flow	14,450	16,013	11,973	9,124	9,759
Operating Cash Flow Growth	-9.76%	33.74%	31.23%	-6.51%	-8.29%
Capital Expenditures	-4,075	-10,679	-14,573	-10,401	-4,163
Sale of Property, Plant & Equipment	39	78	493	-	-
Cash Acquisitions	-	-	-	-	-3,897
Sale (Purchase) of Intangibles	-163	-280	-362	-536	-409
Investment in Securities	-782	-265	1,391	-32	-1,010
Other Investing Activities	232	167	737	-231	-185
Investing Cash Flow	-4,749	-10,979	-12,314	-11,200	-9,664
Issuance of Common Stock	545	235	434	328	262
Repurchase of Common Stock	-945	-810	-827	-	-617
Common Dividends Paid	-4,584	-3,951	-3,398	-2,577	-1,860
Other Financing Activities	-467	-378	-357	-249	-149
Financing Cash Flow	-5,451	-4,904	-4,148	-2,498	-2,364
Foreign Exchange Rate Adjustments	27	1,934	1,318	2,569	2,104
Miscellaneous Cash Flow Adjustments	-	-1	1	-	64
Net Cash Flow	4,277	2,063	-3,170	-2,005	-101
Free Cash Flow	10,375	5,334	-2,600	-1,277	5,596
Free Cash Flow Growth	94.51%	-	-	-	-28.77%
Free Cash Flow Margin	9.01%	4.82%	-2.49%	-1.18%	6.04%
Free Cash Flow Per Share	128.16	65.82	-31.96	-15.74	69.10
Cash Interest Paid	39	35	33	35	25
Cash Income Tax Paid	4,149	2,286	3,878	3,233	2,102
Levered Free Cash Flow	6,873	545.13	-5,091	-6,043	3,733
Unlevered Free Cash Flow	6,898	567	-5,071	-6,021	3,748
Change in Working Capital	-2,409	-721	-537	-4,917	-2,169

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