Nagase Brothers 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	6,011	3,430	4,128	6,000	5,058
Depreciation & Amortization	3,727	3,237	3,032	2,610	2,256
Loss (Gain) From Sale of Assets	108	483	246	-868	131
Loss (Gain) From Sale of Investments	-3	-37	-51	-	-38
Loss (Gain) on Equity Investments	-	695	30	-	-
Other Operating Activities	-1,688	-1,362	-1,980	-1,757	-1,779
Change in Accounts Receivable	946	-484	-993	40	45
Change in Inventory	9	22	29	-62	-19
Change in Accounts Payable	403	192	-165	-239	-572
Change in Other Net Operating Assets	1,033	2,007	-209	-1,044	693
Operating Cash Flow	10,546	8,183	4,067	4,680	5,775
Operating Cash Flow Growth	28.88%	101.20%	-13.10%	-18.96%	-8.97%
Capital Expenditures	-2,603	-1,449	-1,337	-1,876	-1,162
Sale of Property, Plant & Equipment	-	-	-	3,032	-
Cash Acquisitions	-	-5,016	-	-2,387	-2,771
Sale (Purchase) of Intangibles	-1,177	-842	-736	-719	-886
Investment in Securities	-2,393	44	62	-438	-290
Other Investing Activities	-641	-355	17	-597	-543
Investing Cash Flow	-6,779	-7,763	-1,953	-2,846	-5,544
Long-Term Debt Issued	-	3,500	10,000	-	2,987
Long-Term Debt Repaid	-1,324	-9,161	-2,609	-2,058	-2,566
Net Debt Issued (Repaid)	-1,324	-5,661	7,391	-2,058	421
Common Dividends Paid	-2,631	-2,630	-2,631	-1,753	-1,140
Other Financing Activities	-25	-23	-10	-5	-1
Financing Cash Flow	-3,980	-8,314	4,750	-3,816	-720
Foreign Exchange Rate Adjustments	36	-	17	5	37
Miscellaneous Cash Flow Adjustments	-	-	-	1	-
Net Cash Flow	-177	-7,894	6,881	-1,976	-452
Free Cash Flow	7,943	6,734	2,730	2,804	4,613
Free Cash Flow Growth	17.95%	146.67%	-2.64%	-39.22%	-13.53%
Free Cash Flow Margin	12.38%	12.19%	5.15%	5.36%	9.34%
Free Cash Flow Per Share	301.72	255.79	103.70	106.51	175.22
Cash Interest Paid	368	386	256	292	305
Cash Income Tax Paid	1,670	1,342	2,004	1,745	1,783
Levered Free Cash Flow	5,952	5,628	-56.63	2,903	3,839
Unlevered Free Cash Flow	6,181	5,854	118.38	3,081	4,037
Change in Working Capital	2,391	1,737	-1,338	-1,305	147

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