Nikken Kogaku Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	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	408	412	398	397	866	1,283
Depreciation & Amortization	134	132	188	245	248	287
Loss (Gain) From Sale of Assets	1	-	-	-	-	-4
Loss (Gain) From Sale of Investments	-	-	-	14	-	-
Other Operating Activities	-128	-121	-76	-145	-418	-11
Change in Accounts Receivable	-78	500	-80	757	633	-460
Change in Inventory	-53	-53	-1	39	122	729
Change in Accounts Payable	-105	-721	292	-738	-403	176
Change in Other Net Operating Assets	9	-55	-63	63	-253	97
Operating Cash Flow	188	94	658	632	795	2,097
Operating Cash Flow Growth	-33.10%	-85.71%	4.11%	-20.50%	-62.09%	386.54%
Capital Expenditures	-78	-58	-130	-209	-109	-271
Sale of Property, Plant & Equipment	-	-	-	-	-	32
Investment in Securities	-	-	-100	-60	-100	-
Other Investing Activities	-5	34	-92	-132	-124	108
Investing Cash Flow	-83	-24	-322	-401	-333	-131
Short-Term Debt Issued	-	-	-	-	350	500
Long-Term Debt Issued	-	-	-	250	30	-
Total Debt Issued	-	-	-	250	380	500
Short-Term Debt Repaid	-	-	-	-25	-325	-950
Long-Term Debt Repaid	-	-176	-176	-176	-196	-243
Total Debt Repaid	-176	-176	-176	-201	-521	-1,193
Net Debt Issued (Repaid)	-176	-176	-176	49	-141	-693
Issuance of Common Stock	-	-	64	-	-	-
Repurchase of Common Stock	-	-	-64	-	-	-
Common Dividends Paid	-55	-55	-54	-54	-54	-
Other Financing Activities	-34	-38	-56	-72	-68	-78
Financing Cash Flow	-265	-269	-286	-77	-263	-771
Foreign Exchange Rate Adjustments	-	-	9	1	-	1
Miscellaneous Cash Flow Adjustments	-	-	-1	-	-1	-1
Net Cash Flow	-160	-199	58	155	198	1,195
Free Cash Flow	110	36	528	423	686	1,826
Free Cash Flow Growth	-53.59%	-93.18%	24.82%	-38.34%	-62.43%	408.64%
Free Cash Flow Margin	1.86%	0.65%	8.53%	6.77%	8.25%	17.24%
Free Cash Flow Per Share	60.37	19.75	289.64	232.00	376.18	1001.15
Cash Interest Paid	3	3	5	6	7	11
Cash Income Tax Paid	125	119	74	145	420	11
Levered Free Cash Flow	131	37.38	433	232.63	654.88	1,562
Unlevered Free Cash Flow	132.88	39.25	436.13	236.38	659.88	1,568
Change in Working Capital	-227	-329	148	121	99	542

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