Hakuyosha Company Cash Flow Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	2,931	2,017	2,310	-927	-3,244
Depreciation & Amortization	1,207	1,284	1,396	1,557	1,736
Loss (Gain) From Sale of Assets	24	132	-966	-1,401	-963
Loss (Gain) From Sale of Investments	-454	-2	8	-159	-236
Loss (Gain) on Equity Investments	-100	-100	-12	14	22
Other Operating Activities	-76	-775	-641	-43	-218
Change in Accounts Receivable	7	-63	-806	51	1,068
Change in Inventory	-170	-591	91	1,297	1,372
Change in Accounts Payable	-370	394	242	-162	-648
Change in Other Net Operating Assets	-77	-730	-309	-256	-196
Operating Cash Flow	2,922	1,566	1,313	-29	-1,307
Operating Cash Flow Growth	86.59%	19.27%	-	-	-
Capital Expenditures	-760	-586	-313	-224	-484
Sale of Property, Plant & Equipment	1	9	1,117	1,700	1,106
Divestitures	-	-	-	63	-
Sale (Purchase) of Intangibles	-81	-43	-130	-264	-138
Investment in Securities	695	6	40	392	364
Other Investing Activities	56	17	101	94	84
Investing Cash Flow	-89	-597	815	1,761	932
Short-Term Debt Issued	6,223	19,883	17,309	15,307	9,544
Long-Term Debt Issued	2,489	2,000	1,700	4,619	3,317
Total Debt Issued	8,712	21,883	19,009	19,926	12,861
Short-Term Debt Repaid	-7,793	-19,120	-17,619	-15,917	-8,151
Long-Term Debt Repaid	-3,050	-2,807	-3,021	-5,005	-2,964
Total Debt Repaid	-10,843	-21,927	-20,640	-20,922	-11,115
Net Debt Issued (Repaid)	-2,131	-44	-1,631	-996	1,746
Repurchase of Common Stock	-30	-	-	-38	-
Common Dividends Paid	-194	-97	-	-	-97
Other Financing Activities	-520	-516	-488	-737	-869
Financing Cash Flow	-2,875	-657	-2,119	-1,771	780
Foreign Exchange Rate Adjustments	-73	12	52	18	-4
Miscellaneous Cash Flow Adjustments	1	-1	1	-	-
Net Cash Flow	-114	323	62	-21	401
Free Cash Flow	2,162	980	1,000	-253	-1,791
Free Cash Flow Growth	120.61%	-2.00%	-	-	-
Free Cash Flow Margin	4.96%	2.27%	2.55%	-0.72%	-4.58%
Free Cash Flow Per Share	570.58	259.36	264.75	-66.72	-472.45
Cash Interest Paid	206	182	186	215	221
Cash Income Tax Paid	86	780	650	44	229
Levered Free Cash Flow	1,309	401.63	1,074	756.25	-660.88
Unlevered Free Cash Flow	1,436	516	1,191	888.13	-522.75
Change in Working Capital	-610	-990	-782	930	1,596

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.