Nintendo 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
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	372,331	680,722	600,757	674,389
Depreciation & Amortization	15,361	17,856	11,040	10,527
Loss (Gain) on Equity Investments	-35,125	-30,099	-26,599	-26,672
Other Operating Activities	-145,358	-185,032	-192,661	-263,976
Change in Accounts Receivable	27,876	37,995	31,513	8,134
Change in Inventory	-333,837	123,853	-45,792	-84,563
Change in Accounts Payable	57,275	-74,541	8,667	23,301
Change in Other Net Operating Assets	53,546	-108,657	-64,082	-51,479
Operating Cash Flow	12,069	462,097	322,843	289,661
Operating Cash Flow Growth	-97.39%	43.13%	11.46%	-52.68%
Capital Expenditures	-19,008	-16,123	-22,190	-7,587
Sale of Property, Plant & Equipment	16	10	94	7
Investment in Securities	776,214	-613,781	133,205	101,302
Other Investing Activities	-4,159	-738	398	-23
Investing Cash Flow	753,063	-630,632	111,507	93,699
Repurchase of Common Stock	-	-	-50,733	-95,350
Common Dividends Paid	-193,191	-236,240	-238,700	-240,560
Other Financing Activities	-1,935	-718	-1,540	-1,100
Financing Cash Flow	-195,126	-236,958	-290,973	-337,010
Foreign Exchange Rate Adjustments	-9,317	64,356	28,474	44,288
Miscellaneous Cash Flow Adjustments	-	1	-	-
Net Cash Flow	560,689	-341,136	171,851	90,638
Free Cash Flow	-6,939	445,974	300,653	282,074
Free Cash Flow Growth	-	48.34%	6.59%	-53.38%
Free Cash Flow Margin	-0.60%	26.67%	18.77%	16.64%
Free Cash Flow Per Share	-5.96	383.06	258.02	238.96
Cash Interest Paid	193	166	131	281
Cash Income Tax Paid	148,184	183,415	189,615	264,031
Levered Free Cash Flow	-82,246	392,565	276,935	250,301
Unlevered Free Cash Flow	-82,246	392,669	277,011	250,476
Change in Working Capital	-195,140	-21,350	-69,694	-104,607

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