Makiya 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	2,223	2,204	2,103	1,777	1,737
Depreciation & Amortization	1,750	1,604	1,315	1,282	1,245
Loss (Gain) From Sale of Assets	75	161	292	65	78
Loss (Gain) From Sale of Investments	-	-	-10	-15	-
Other Operating Activities	-716	-826	-606	-550	-907
Change in Accounts Receivable	-194	-213	-376	-146	-184
Change in Inventory	262	-186	312	-173	-224
Change in Accounts Payable	-327	360	697	161	181
Change in Other Net Operating Assets	-42	-	55	139	-194
Operating Cash Flow	3,031	3,104	3,782	2,540	1,732
Operating Cash Flow Growth	-2.35%	-17.93%	48.90%	46.65%	-48.58%
Capital Expenditures	-2,953	-1,346	-1,049	-861	-1,633
Cash Acquisitions	-	-	-1,833	-	-
Investment in Securities	-100	-	19	19	3
Other Investing Activities	508	-25	-28	-22	-319
Investing Cash Flow	-2,545	-1,371	-2,891	-864	-1,949
Short-Term Debt Issued	-	-	300	-	-
Long-Term Debt Issued	700	1,500	2,500	1,500	1,200
Total Debt Issued	700	1,500	2,800	1,500	1,200
Short-Term Debt Repaid	-	-308	-	-	-500
Long-Term Debt Repaid	-1,602	-1,770	-1,502	-1,471	-1,473
Total Debt Repaid	-1,602	-2,078	-1,502	-1,471	-1,973
Net Debt Issued (Repaid)	-902	-578	1,298	29	-773
Common Dividends Paid	-274	-224	-174	-149	-199
Other Financing Activities	-464	-431	-424	-436	-439
Financing Cash Flow	-1,640	-1,233	700	-556	-1,411
Miscellaneous Cash Flow Adjustments	-	-1	1	-1	-
Net Cash Flow	-1,154	499	1,592	1,119	-1,628
Free Cash Flow	78	1,758	2,733	1,679	99
Free Cash Flow Growth	-95.56%	-35.68%	62.78%	1595.96%	-95.47%
Free Cash Flow Margin	0.08%	1.97%	3.53%	2.34%	0.14%
Free Cash Flow Per Share	7.80	175.98	273.76	168.19	9.92
Cash Interest Paid	52	39	21	19	18
Cash Income Tax Paid	790	824	606	459	755
Levered Free Cash Flow	80.25	1,390	2,696	1,287	-511.25
Unlevered Free Cash Flow	112.75	1,414	2,710	1,299	-500
Change in Working Capital	-301	-39	688	-19	-421

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