Maruhachi Holdings 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	2016 - 2020
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	2016 - 2020
Net Income	3,679	3,349	4,085	2,476	1,140	Upgrade
Depreciation & Amortization	549	477	394	414	464	Upgrade
Loss (Gain) From Sale of Assets	-106	145	44	597	143	Upgrade
Loss (Gain) From Sale of Investments	-927	-69	-1,209	-	-	Upgrade
Other Operating Activities	-566	-1,302	-1,300	-547	-247	Upgrade
Change in Accounts Receivable	303	589	886	1,001	1,063	Upgrade
Change in Inventory	70	-50	-492	229	800	Upgrade
Change in Accounts Payable	204	-49	-63	-154	97	Upgrade
Change in Other Net Operating Assets	-16	-753	-1,155	-1,439	-187	Upgrade
Operating Cash Flow	3,190	2,337	1,190	2,577	3,273	Upgrade
Operating Cash Flow Growth	36.50%	96.39%	-53.82%	-21.27%	15.90%	Upgrade
Capital Expenditures	-225	-1,112	-948	-580	-254	Upgrade
Sale of Property, Plant & Equipment	241	-414	-	16	6	Upgrade
Sale (Purchase) of Intangibles	-1	-2	-	-	-	Upgrade
Investment in Securities	-6,195	-1,354	591	-8,521	-1,560	Upgrade
Other Investing Activities	-20	134	3	-25	-68	Upgrade
Investing Cash Flow	-6,201	-2,743	-352	-9,104	-1,866	Upgrade
Long-Term Debt Issued	3,750	3,500	6,450	1,000	2,000	Upgrade
Total Debt Issued	3,750	3,500	6,450	1,000	2,000	Upgrade
Long-Term Debt Repaid	-2,950	-2,500	-5,000	-1,000	-1,000	Upgrade
Total Debt Repaid	-2,950	-2,500	-5,000	-1,000	-1,000	Upgrade
Net Debt Issued (Repaid)	800	1,000	1,450	-	1,000	Upgrade
Dividends Paid	-464	-464	-464	-464	-464	Upgrade
Other Financing Activities	-1	-1	-1	-1	-2	Upgrade
Financing Cash Flow	335	535	985	-465	534	Upgrade
Foreign Exchange Rate Adjustments	363	81	113	91	36	Upgrade
Miscellaneous Cash Flow Adjustments	1	1	1	1	1	Upgrade
Net Cash Flow	-2,312	211	1,937	-6,900	1,978	Upgrade
Free Cash Flow	2,965	1,225	242	1,997	3,019	Upgrade
Free Cash Flow Growth	142.04%	406.20%	-87.88%	-33.85%	45.42%	Upgrade
Free Cash Flow Margin	24.94%	10.36%	2.00%	16.21%	23.56%	Upgrade
Free Cash Flow Per Share	191.32	79.05	15.62	128.86	194.81	Upgrade
Cash Interest Paid	40	28	17	13	13	Upgrade
Cash Income Tax Paid	592	1,262	1,125	720	319	Upgrade
Levered Free Cash Flow	2,448	142.13	243.88	1,777	2,850	Upgrade
Unlevered Free Cash Flow	2,473	159.63	254.5	1,785	2,858	Upgrade
Change in Working Capital	561	-263	-824	-363	1,773	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.