Sundrug Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	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	45,802	43,569	41,261	37,710	34,675	37,188
Depreciation & Amortization	17,994	17,282	15,127	12,068	10,209	8,663
Loss (Gain) From Sale of Assets	735	998	856	877	282	375
Loss (Gain) on Equity Investments	1,182	1,567	-	-	-	-
Other Operating Activities	-13,382	-12,754	-13,437	-9,748	-13,076	-11,697
Change in Accounts Receivable	-2,520	-3,238	-4,515	-2,679	-693	-3,604
Change in Inventory	-10,464	-7,330	-8,427	-7,199	-34	-3,582
Change in Accounts Payable	3,453	3,198	3,454	4,652	106	2,182
Change in Other Net Operating Assets	419	-2,128	6,869	1,699	213	2,236
Operating Cash Flow	43,219	41,164	41,188	37,380	31,682	31,761
Operating Cash Flow Growth	16.93%	-0.06%	10.19%	17.98%	-0.25%	-1.59%
Capital Expenditures	-32,451	-33,451	-36,426	-24,789	-18,825	-15,817
Cash Acquisitions	-	-	-	-1,004	-	-
Sale (Purchase) of Intangibles	-956	-815	-1,799	-1,324	-964	-658
Investment in Securities	-	-	-35,377	-	-	-
Other Investing Activities	-468	-321	-1,043	-568	318	-644
Investing Cash Flow	-34,474	-35,373	-74,850	-28,512	-20,659	-17,901
Short-Term Debt Issued	-	-	35,000	-	-	-
Long-Term Debt Issued	-	40,000	-	-	-	-
Total Debt Issued	12,000	40,000	35,000	-	-	-
Short-Term Debt Repaid	-	-34,000	-	-80	-	-
Long-Term Debt Repaid	-	-2,333	-	-7,191	-	-
Total Debt Repaid	-2,800	-36,333	-	-7,271	-	-
Net Debt Issued (Repaid)	9,200	3,667	35,000	-7,271	-	-
Common Dividends Paid	-15,203	-14,266	-12,511	-10,053	-8,187	-8,064
Other Financing Activities	-	-1	-2	-2	-	-
Financing Cash Flow	-6,003	-10,600	22,487	-17,326	-8,187	-8,064
Miscellaneous Cash Flow Adjustments	-	66	2	-	-1	-1
Net Cash Flow	2,742	-4,743	-11,173	-8,458	2,835	5,795
Free Cash Flow	10,768	7,713	4,762	12,591	12,857	15,944
Free Cash Flow Growth	259.65%	61.97%	-62.18%	-2.07%	-19.36%	-27.61%
Free Cash Flow Margin	1.31%	0.96%	0.63%	1.82%	1.98%	2.51%
Free Cash Flow Per Share	92.06	65.94	40.72	107.68	109.96	136.37
Cash Interest Paid	258	163	4	6	-	-
Cash Income Tax Paid	13,733	13,183	13,911	10,123	13,083	11,655
Levered Free Cash Flow	2,294	689.13	-3,788	11,715	10,186	12,946
Unlevered Free Cash Flow	2,468	791.63	-3,768	11,738	10,192	12,949
Change in Working Capital	-9,112	-9,498	-2,619	-3,527	-408	-2,768

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