NS United Kaiun Kaisha 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	28,083	21,740	22,496	32,860	29,069
Depreciation & Amortization	16,215	18,094	18,115	17,828	17,668
Loss (Gain) From Sale of Assets	-7,037	-2,539	-251	662	-2,495
Loss (Gain) From Sale of Investments	-	-187	-59	-73	32
Loss (Gain) on Equity Investments	-13	-17	-28	-12	-5
Other Operating Activities	-2,589	-3,670	-6,907	-7,641	-1,060
Change in Accounts Receivable	3,022	493	-3,351	-3,212	-9,303
Change in Inventory	-3,574	153	-543	-1,232	-4,692
Change in Accounts Payable	3,752	-538	889	1,405	1,570
Change in Other Net Operating Assets	-2,437	1,322	654	2,345	2,097
Operating Cash Flow	35,422	34,851	31,015	42,930	32,881
Operating Cash Flow Growth	1.64%	12.37%	-27.75%	30.56%	45.14%
Capital Expenditures	-5,547	-18,540	-13,312	-6,153	-5,564
Sale of Property, Plant & Equipment	7,715	10,653	326	4,013	5,708
Investment in Securities	-175	94	-123	167	-4
Other Investing Activities	4	-453	50	15	-1
Investing Cash Flow	1,997	-8,246	-13,059	-1,958	139
Long-Term Debt Issued	9,011	5,946	14,526	2,346	11,035
Total Debt Issued	9,011	5,946	14,526	2,346	11,035
Short-Term Debt Repaid	-100	-230	-70	-	-300
Long-Term Debt Repaid	-31,673	-17,287	-20,053	-21,880	-36,887
Total Debt Repaid	-31,773	-17,517	-20,123	-21,880	-37,187
Net Debt Issued (Repaid)	-22,762	-11,571	-5,597	-19,534	-26,152
Repurchase of Common Stock	-1	-	-1	-1	-1
Common Dividends Paid	-5,425	-6,240	-6,468	-8,476	-3,414
Other Financing Activities	-	-	-1	-4,381	-348
Financing Cash Flow	-28,188	-17,811	-12,067	-32,392	-29,915
Foreign Exchange Rate Adjustments	610	-78	915	468	495
Miscellaneous Cash Flow Adjustments	-	-	1	1	3
Net Cash Flow	9,841	8,716	6,805	9,049	3,603
Free Cash Flow	29,875	16,311	17,703	36,777	27,317
Free Cash Flow Growth	83.16%	-7.86%	-51.86%	34.63%	-
Free Cash Flow Margin	13.00%	6.59%	7.60%	14.66%	13.94%
Free Cash Flow Per Share	1267.74	692.15	751.21	1560.58	1159.15
Cash Interest Paid	1,385	1,704	1,583	1,171	1,350
Cash Income Tax Paid	2,564	3,644	6,910	7,661	1,070
Levered Free Cash Flow	17,800	9,707	12,662	28,020	20,994
Unlevered Free Cash Flow	18,648	10,755	13,653	28,765	21,809
Change in Working Capital	763	1,430	-2,351	-694	-10,328

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