Central Japan Railway Company (TYO:9022)

TYO:9022 Cash Flow Statement

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

Operating Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	779,374	645,875	545,328	306,132	-66,745
Depreciation & Amortization	205,935	208,042	216,406	219,614	207,039
Loss (Gain) From Sale of Assets	8,345	8,912	11,637	7,405	7,887
Loss (Gain) on Equity Investments	-	-617	-566	-173	-182
Other Operating Activities	-227,881	-164,224	-59,848	-6,300	-79,026
Change in Accounts Receivable	-24,653	-24,256	-33,992	-37,102	11,123
Change in Inventory	-12,400	533	-3,928	-2,192	8,090
Change in Accounts Payable	9,276	-187	19,321	7,117	11,582
Change in Other Net Operating Assets	10,189	-49,528	-21,480	-7,795	-28,022
Operating Cash Flow	748,185	624,550	672,878	486,706	71,746
Operating Cash Flow Growth	19.80%	-7.18%	38.25%	578.37%	-

Investing Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-493,342	-452,564	-391,266	-427,192	-450,554
Sale (Purchase) of Intangibles	-30,787	-12,348	-12,309	-26,875	-34,079
Investment in Securities	63,277	150,166	172,433	46,803	62,162
Other Investing Activities	-160,584	-641,290	-205,414	232,228	269,422
Investing Cash Flow	-621,436	-956,036	-436,556	-175,036	-153,049

Financing Activities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Short-Term Debt Issued	-	3,052	4,752	200,000	200,745
Long-Term Debt Issued	73,800	56,550	89,900	102,440	145,500
Total Debt Issued	73,800	59,602	94,652	302,440	346,245
Short-Term Debt Repaid	-135	-	-	-403,397	-200,000
Long-Term Debt Repaid	-76,200	-116,762	-186,699	-87,777	-130,359
Total Debt Repaid	-76,335	-116,762	-186,699	-491,174	-330,359
Net Debt Issued (Repaid)	-2,535	-57,160	-92,047	-188,734	15,886
Issuance of Common Stock	-	-	-	-	336
Repurchase of Common Stock	-110,000	-	-1	-	-
Common Dividends Paid	-31,262	-29,550	-27,580	-25,610	-25,610
Other Financing Activities	-7,096	-8,822	-5,499	-6,260	-9,790
Financing Cash Flow	-150,893	-95,532	-125,127	-220,604	-19,178

Net Cash Flow

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Miscellaneous Cash Flow Adjustments	-2	-	-1	-	-
Net Cash Flow	-24,146	-427,018	111,194	91,066	-100,481

Free Cash Flow

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	254,843	171,986	281,612	59,514	-378,808
Free Cash Flow Growth	48.18%	-38.93%	373.19%	-	-
Free Cash Flow Margin	12.70%	9.39%	16.46%	4.25%	-40.51%
Free Cash Flow Per Share	263.13	174.78	286.19	60.48	-384.97
Levered Free Cash Flow	418,998	504,399	301,781	9,254	-95,453
Unlevered Free Cash Flow	468,235	553,783	351,214	58,698	-46,064

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	78,484	79,077	78,842	78,867	78,816
Cash Income Tax Paid	223,659	160,220	58,987	6,485	79,060
Change in Working Capital	-17,588	-73,438	-40,079	-39,972	2,773

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 26, 2026

Data Sources Report a data error