Keihanshin Building 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	6,299	5,476	6,019	7,426	11,906
Depreciation & Amortization	3,891	3,976	3,818	3,731	2,270
Loss (Gain) From Sale of Assets	21	36	28	-337	-790
Loss (Gain) From Sale of Investments	-1,491	-236	-1,006	-2,164	-6,032
Other Operating Activities	-1,552	-1,199	-1,636	-4,778	-1,760
Change in Accounts Receivable	-172	96	-236	465	-494
Change in Accounts Payable	327	466	1	199	2,521
Change in Other Net Operating Assets	-29	-394	1,929	-1,806	72
Operating Cash Flow	7,294	8,221	8,917	2,736	7,693
Operating Cash Flow Growth	-11.28%	-7.80%	225.91%	-64.44%	14.94%
Capital Expenditures	-3,938	-6,931	-12,895	-12,478	-13,344
Sale of Property, Plant & Equipment	-	-	-	1,262	1,269
Sale (Purchase) of Intangibles	-14	-32	-	-24	-23
Investment in Securities	-4,267	-4,622	787	2,418	6,530
Other Investing Activities	-	312	4	170	2
Investing Cash Flow	-8,219	-11,273	-12,104	-8,652	-5,566
Long-Term Debt Issued	11,966	11,263	4,700	-	9,950
Total Debt Issued	11,966	11,263	4,700	-	9,950
Short-Term Debt Repaid	-	-300	-700	-	-
Long-Term Debt Repaid	-3,177	-2,627	-1,704	-1,785	-1,757
Total Debt Repaid	-3,177	-2,927	-2,404	-1,785	-1,757
Net Debt Issued (Repaid)	8,789	8,336	2,296	-1,785	8,193
Repurchase of Common Stock	-625	-167	-1,760	-2,290	-467
Common Dividends Paid	-1,834	-1,761	-1,912	-1,681	-1,506
Other Financing Activities	-72	-1	-	-1	-1
Financing Cash Flow	6,258	6,407	-1,376	-5,757	6,219
Foreign Exchange Rate Adjustments	58	-	-	-	-
Miscellaneous Cash Flow Adjustments	-	-	-	-1	-1
Net Cash Flow	5,391	3,355	-4,563	-11,674	8,345
Free Cash Flow	3,356	1,290	-3,978	-9,742	-5,651
Free Cash Flow Growth	160.16%	-	-	-	-
Free Cash Flow Margin	17.14%	6.68%	-21.07%	-54.68%	-36.85%
Free Cash Flow Per Share	68.59	26.28	-80.24	-192.35	-108.37
Cash Interest Paid	605	548	497	503	454
Cash Income Tax Paid	1,736	1,277	1,635	4,774	1,774
Levered Free Cash Flow	2,789	596.63	-5,186	-8,386	-7,558
Unlevered Free Cash Flow	3,180	952.88	-4,876	-8,074	-7,243
Change in Working Capital	126	168	1,694	-1,142	2,099

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