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 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	1,634	1,221	1,058	1,029	997
Depreciation & Amortization	253	181	124	114	114
Loss (Gain) From Sale of Assets	-	50	-	-	-11
Loss (Gain) From Sale of Investments	-31	-51	-7	-5	5
Other Operating Activities	-399	-375	-238	-272	-448
Change in Accounts Receivable	-541	119	-500	37	-72
Change in Inventory	-65	-15	7	4	16
Change in Accounts Payable	386	-250	378	-128	-58
Change in Other Net Operating Assets	-61	-30	356	187	122
Operating Cash Flow	1,176	850	1,178	966	665
Operating Cash Flow Growth	38.35%	-27.84%	21.95%	45.26%	-12.50%
Capital Expenditures	-201	-109	-645	-491	-64
Sale of Property, Plant & Equipment	-	32	-	-	14
Cash Acquisitions	-1,031	-208	-	-16	-8
Sale (Purchase) of Intangibles	-107	-7	-42	-39	-15
Investment in Securities	-635	88	-132	65	12
Other Investing Activities	-48	162	-37	112	-12
Investing Cash Flow	-2,014	-35	-849	-359	-59
Long-Term Debt Issued	1,293	600	600	300	600
Total Debt Issued	1,293	600	600	300	600
Short-Term Debt Repaid	-	-20	-	-	-10
Long-Term Debt Repaid	-501	-546	-537	-788	-820
Total Debt Repaid	-501	-566	-537	-788	-830
Net Debt Issued (Repaid)	792	34	63	-488	-230
Issuance of Common Stock	4	-	-	-	-
Repurchase of Common Stock	-292	-	-	-	-281
Common Dividends Paid	-266	-190	-108	-89	-94
Other Financing Activities	-19	-79	-13	-18	-22
Financing Cash Flow	219	-235	-58	-595	-627
Foreign Exchange Rate Adjustments	1	3	-	-	-
Miscellaneous Cash Flow Adjustments	2	-1	-	-1	-
Net Cash Flow	-616	582	271	11	-21
Free Cash Flow	975	741	533	475	601
Free Cash Flow Growth	31.58%	39.02%	12.21%	-20.96%	-10.43%
Free Cash Flow Margin	3.15%	2.64%	2.00%	1.88%	2.40%
Free Cash Flow Per Share	93.00	81.32	58.97	52.99	63.37
Cash Interest Paid	10	8	5	6	8
Cash Income Tax Paid	397	376	238	272	448
Levered Free Cash Flow	504.38	571	343	131	350.13
Unlevered Free Cash Flow	517.5	576	346.13	134.75	355.13
Change in Working Capital	-281	-176	241	100	8

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