The Yonkyu 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	2,119	2,377	3,057	2,805	1,900
Depreciation & Amortization	658	546	480	566	518
Loss (Gain) From Sale of Assets	-	1	4	11	42
Loss (Gain) From Sale of Investments	-14	-	-	82	-
Loss (Gain) on Equity Investments	-37	-15	-1	-21	-48
Other Operating Activities	-644	-796	-386	-829	-686
Change in Accounts Receivable	614	-1,664	-455	-39	1,405
Change in Inventory	622	-1,279	-499	-668	1,609
Change in Accounts Payable	-894	758	182	401	-340
Change in Other Net Operating Assets	-196	12	120	-277	-108
Operating Cash Flow	2,228	-60	2,502	2,031	4,292
Operating Cash Flow Growth	-	-	23.19%	-52.68%	433.17%
Capital Expenditures	-1,193	-1,498	-1,730	-1,459	-311
Sale of Property, Plant & Equipment	4	1	6	1	1
Sale (Purchase) of Intangibles	-25	-123	-87	-22	-49
Investment in Securities	-57	2,538	-714	-342	-681
Other Investing Activities	-36	-22	-1	33	-12
Investing Cash Flow	-1,313	982	-2,452	-1,877	-1,016
Short-Term Debt Issued	-	-	900	500	700
Long-Term Debt Issued	800	2,300	-	1,000	1,000
Total Debt Issued	800	2,300	900	1,500	1,700
Short-Term Debt Repaid	-	-1,400	-	-	-
Long-Term Debt Repaid	-789	-402	-472	-373	-373
Total Debt Repaid	-789	-1,802	-472	-373	-373
Net Debt Issued (Repaid)	11	498	428	1,127	1,327
Common Dividends Paid	-244	-244	-244	-243	-146
Other Financing Activities	-	-1	-1	-1	-
Financing Cash Flow	-233	253	183	883	1,181
Foreign Exchange Rate Adjustments	-	5	4	5	-
Miscellaneous Cash Flow Adjustments	-1	1	1	-	-
Net Cash Flow	681	1,181	238	1,042	4,457
Free Cash Flow	1,035	-1,558	772	572	3,981
Free Cash Flow Growth	-	-	34.97%	-85.63%	534.93%
Free Cash Flow Margin	2.31%	-3.45%	1.92%	1.62%	10.94%
Free Cash Flow Per Share	84.57	-127.42	63.21	46.88	326.63
Cash Interest Paid	17	8	9	7	5
Cash Income Tax Paid	633	799	656	820	693
Levered Free Cash Flow	543.5	-2,051	-111.63	-131.63	3,966
Unlevered Free Cash Flow	552.25	-2,045	-106.63	-127.88	3,969
Change in Working Capital	146	-2,173	-652	-583	2,566

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