ITOCHU 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	900,283	880,251	801,770	800,519	820,269
Depreciation & Amortization	458,696	419,992	394,366	386,777	381,509
Other Amortization	-	30,015	25,977	23,185	22,675
Loss (Gain) From Sale of Assets	12,831	14,787	6,059	50,118	17,601
Loss (Gain) From Sale of Investments	-175,214	-83,198	-34,817	-67,157	-211,851
Loss (Gain) on Equity Investments	-323,514	-349,297	-316,332	-320,666	-291,435
Provision & Write-off of Bad Debts	25,306	12,236	10,013	-3,338	-2,836
Other Operating Activities	290,956	261,733	49,394	274,348	306,881
Change in Accounts Receivable	-	-626	-193,369	-58,394	-304,709
Change in Inventory	-	-90,930	3,628	-197,452	-153,200
Change in Accounts Payable	-	-97,685	231,419	50,118	314,373
Change in Other Net Operating Assets	-57,507	-	-	-	-98,114
Operating Cash Flow	1,131,837	997,278	978,108	938,058	801,163
Operating Cash Flow Growth	13.49%	1.96%	4.27%	17.09%	-10.57%
Capital Expenditures	-260,083	-227,465	-202,546	-194,081	-157,142
Sale of Property, Plant & Equipment	-	34,831	66,162	28,360	32,259
Cash Acquisitions	-	-109,847	-36,180	-26,033	-
Divestitures	-	-	-	70,161	-30,433
Investment in Securities	-153,262	-216,790	-46,315	-312,178	178,281
Investing Cash Flow	-388,872	-516,267	-205,994	-453,806	38,637
Long-Term Debt Issued	69,164	1,111,595	1,419,037	785,417	456,698
Long-Term Debt Repaid	-259,227	-1,152,741	-1,485,421	-1,063,164	-1,073,022
Net Debt Issued (Repaid)	-190,063	-41,146	-66,384	-277,747	-616,324
Repurchase of Common Stock	-170,278	-153,857	-100,083	-60,181	-60,036
Common Dividends Paid	-282,692	-258,614	-225,458	-188,372	-135,356
Other Financing Activities	-83,444	-71,381	-409,249	26,219	-34,990
Financing Cash Flow	-726,477	-524,998	-801,174	-500,081	-846,706
Foreign Exchange Rate Adjustments	27,705	-6,875	23,493	10,116	30,281
Net Cash Flow	44,193	-50,862	-5,567	-5,713	23,375
Free Cash Flow	871,754	769,813	775,562	743,977	644,021
Free Cash Flow Growth	13.24%	-0.74%	4.25%	15.52%	-11.88%
Free Cash Flow Margin	5.88%	5.23%	5.53%	5.33%	5.24%
Free Cash Flow Per Share	123.94	107.68	106.98	101.51	86.81
Cash Interest Paid	101,803	102,845	96,119	57,855	29,807
Cash Income Tax Paid	209,951	187,207	264,155	212,890	142,133
Levered Free Cash Flow	540,267	466,687	435,826	419,865	472,644
Unlevered Free Cash Flow	606,273	531,958	498,727	461,656	490,754
Change in Working Capital	-57,507	-189,241	41,678	-205,728	-241,650

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