TYO:8725 Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	462,263	235,456	370,027	201,727
Depreciation & Amortization	121,019	106,993	97,111	84,060
Gain (Loss) on Sale of Assets	-1,622	-28,205	-9,293	-2,000
Gain (Loss) on Sale of Investments	-213,823	-89,490	-127,990	-255,609
Change in Insurance Reserves / Liabilities	712,127	125,805	376,043	324,322
Change in Other Net Operating Assets	-392,919	-154,209	-274,302	-359,959
Other Operating Activities	-118,820	176	-178,177	-323,054
Operating Cash Flow	549,466	194,153	236,708	-323,912
Operating Cash Flow Growth	183.01%	-17.98%	-	-
Capital Expenditures	-22,877	-24,625	-28,130	-33,696
Sale of Property, Plant & Equipment	23,286	48,588	20,594	10,954
Purchase / Sale of Intangible Assets	-62,063	-57,007	-53,020	-57,407
Investment in Securities	88,288	661,889	226,308	336,078
Other Investing Activities	-318,727	-171,000	-237,589	-196,468
Investing Cash Flow	-276,825	480,953	-71,976	43,925
Long-Term Debt Issued	-	-	149,684	99,321
Total Debt Repaid	-100,000	-170,381	-176,191	-100,000
Net Debt Issued (Repaid)	-100,000	-170,381	-26,507	-679
Repurchases of Common Stock	-30,375	-55,745	-40,847	-35,036
Common Dividends Paid	-117,133	-106,753	-90,264	-84,928
Other Financing Activities	15,959	18,377	216,163	199,921
Financing Cash Flow	-231,549	-314,502	58,545	79,278
Foreign Exchange Rate Adjustments	46,236	29,610	38,504	-3,537
Miscellaneous Cash Flow Adjustments	-	1	-	1
Net Cash Flow	87,328	390,215	261,781	-204,245
Free Cash Flow	526,589	169,528	208,578	-357,608
Free Cash Flow Growth	210.62%	-18.72%	-	-
Free Cash Flow Margin	8.03%	3.24%	4.07%	-7.32%
Free Cash Flow Per Share	330.52	104.85	125.49	-211.05
Cash Interest Paid	10,449	10,449	15,768	14,566
Cash Income Tax Paid	8,446	73,004	109,469	30,609
Levered Free Cash Flow	251,205	449,981	242,686	673,506
Unlevered Free Cash Flow	257,738	456,471	252,362	682,630
Change in Working Capital	319,208	-28,404	101,741	-35,637

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