Harima B.Stem Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,221	1,058	1,029	997	974
Depreciation & Amortization	181	124	114	114	115
Loss (Gain) From Sale of Assets	50	-	-	-11	-
Loss (Gain) From Sale of Investments	-51	-7	-5	5	-1
Other Operating Activities	-375	-238	-272	-448	-169
Change in Accounts Receivable	119	-500	37	-72	-285
Change in Inventory	-15	7	4	16	9
Change in Accounts Payable	-250	378	-128	-58	-8
Change in Other Net Operating Assets	-30	356	187	122	125
Operating Cash Flow	850	1,178	966	665	760
Operating Cash Flow Growth	-27.84%	21.95%	45.26%	-12.50%	139.75%
Capital Expenditures	-109	-645	-491	-64	-89
Sale of Property, Plant & Equipment	32	-	-	14	8
Cash Acquisitions	-208	-	-16	-8	-
Sale (Purchase) of Intangibles	-7	-42	-39	-15	-63
Investment in Securities	88	-132	65	12	-56
Other Investing Activities	162	-37	112	-12	-46
Investing Cash Flow	-35	-849	-359	-59	-229
Short-Term Debt Issued	-	-	-	-	10
Long-Term Debt Issued	600	600	300	600	1,220
Total Debt Issued	600	600	300	600	1,230
Short-Term Debt Repaid	-20	-	-	-10	-
Long-Term Debt Repaid	-546	-537	-788	-820	-785
Total Debt Repaid	-566	-537	-788	-830	-785
Net Debt Issued (Repaid)	34	63	-488	-230	445
Repurchase of Common Stock	-	-	-	-281	-
Common Dividends Paid	-190	-108	-89	-94	-47
Other Financing Activities	-79	-13	-18	-22	-27
Financing Cash Flow	-235	-58	-595	-627	371
Foreign Exchange Rate Adjustments	3	-	-	-	-
Miscellaneous Cash Flow Adjustments	-1	-	-1	-	-1
Net Cash Flow	582	271	11	-21	901
Free Cash Flow	741	533	475	601	671
Free Cash Flow Growth	39.02%	12.21%	-20.96%	-10.43%	-
Free Cash Flow Margin	2.64%	2.00%	1.88%	2.40%	2.78%
Free Cash Flow Per Share	81.32	58.97	52.99	63.37	70.65
Cash Interest Paid	8	5	6	8	10
Cash Income Tax Paid	376	238	272	448	169
Levered Free Cash Flow	571	343	131	350.13	481.75
Unlevered Free Cash Flow	576	346.13	134.75	355.13	488
Change in Working Capital	-176	241	100	8	-159

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.