NICHIDEN 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	7,222	6,847	7,206	6,082	4,156
Depreciation & Amortization	1,498	1,270	1,604	1,551	1,150
Loss (Gain) From Sale of Assets	104	-	-	-	-
Loss (Gain) From Sale of Investments	-22	-459	-449	-	19
Other Operating Activities	-2,117	-2,618	-2,237	-1,086	-1,375
Change in Accounts Receivable	921	-1,957	-461	-5,020	-609
Change in Inventory	725	158	-3,496	-4,150	763
Change in Accounts Payable	-3,873	2,137	209	5,223	-711
Change in Other Net Operating Assets	13	-355	-260	468	214
Operating Cash Flow	4,471	5,023	2,116	3,068	3,607
Operating Cash Flow Growth	-10.99%	137.38%	-31.03%	-14.94%	-35.31%
Capital Expenditures	-2,343	-1,661	-1,496	-3,078	-874
Sale of Property, Plant & Equipment	-69	51	-	-	-
Cash Acquisitions	-	-1,899	-	-	-
Divestitures	-	-	-	-	5
Sale (Purchase) of Intangibles	-279	-324	-64	-258	-172
Investment in Securities	5,909	1,383	1,688	-449	-5,522
Other Investing Activities	40	13	-79	9	-131
Investing Cash Flow	3,272	-2,432	46	-3,770	-6,576
Repurchase of Common Stock	-3,063	-2,502	-	-	-
Common Dividends Paid	-2,859	-2,041	-2,039	-1,255	-1,412
Other Financing Activities	-398	-347	-452	-460	-490
Financing Cash Flow	-6,320	-4,890	-2,491	-1,715	-1,902
Foreign Exchange Rate Adjustments	56	136	45	102	24
Miscellaneous Cash Flow Adjustments	-	353	1	-	1
Net Cash Flow	1,479	-1,810	-283	-2,315	-4,846
Free Cash Flow	2,128	3,362	620	-10	2,733
Free Cash Flow Growth	-36.70%	442.26%	-	-	-44.16%
Free Cash Flow Margin	1.58%	2.65%	0.47%	-0.01%	2.66%
Free Cash Flow Per Share	71.47	109.16	19.74	-0.32	87.03
Cash Interest Paid	150	157	168	178	51
Cash Income Tax Paid	2,150	2,535	2,271	1,112	1,383
Levered Free Cash Flow	595.88	3,396	-789.63	-1,153	1,594
Unlevered Free Cash Flow	689.63	3,494	-684.63	-1,042	1,626
Change in Working Capital	-2,214	-17	-4,008	-3,479	-343

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