Nikko Company 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	534	351	166	-155	-61	-661
Depreciation & Amortization	374	378	406	405	446	427
Loss (Gain) From Sale of Assets	21	3	10	-14	-1	169
Loss (Gain) From Sale of Investments	7	7	12	-	-	-
Loss (Gain) on Equity Investments	4	2	-3	-2	-3	-
Other Operating Activities	-55	-25	-9	-38	-3	74
Change in Accounts Receivable	64	-103	59	-270	-39	162
Change in Inventory	-188	75	-27	-255	-185	35
Change in Accounts Payable	30	-62	-195	504	66	-87
Change in Other Net Operating Assets	303	-27	224	118	35	-228
Operating Cash Flow	1,094	599	643	293	255	-109
Operating Cash Flow Growth	21.29%	-6.84%	119.45%	14.90%	-	-
Capital Expenditures	-209	-179	-452	-296	-223	-270
Sale of Property, Plant & Equipment	-	-	6	275	4	-
Investment in Securities	-49	-49	1	-	-	13
Other Investing Activities	-43	-19	-30	20	-49	-3
Investing Cash Flow	-301	-247	-475	-1	-268	-260
Long-Term Debt Issued	-	-	-	150	-	596
Total Debt Issued	600	-	-	150	-	596
Short-Term Debt Repaid	-	-400	-50	-150	-55	-44
Long-Term Debt Repaid	-	-164	-135	-139	-139	-56
Total Debt Repaid	-756	-564	-185	-289	-194	-100
Net Debt Issued (Repaid)	-156	-564	-185	-139	-194	496
Issuance of Common Stock	-	753	-	-	-	-
Other Financing Activities	-73	-68	-49	-43	-142	105
Financing Cash Flow	-232	121	-234	-182	-336	601
Foreign Exchange Rate Adjustments	3	-1	5	3	3	-
Miscellaneous Cash Flow Adjustments	2	1	-	-1	-	-1
Net Cash Flow	566	473	-61	112	-346	231
Free Cash Flow	885	420	191	-3	32	-379
Free Cash Flow Growth	44.14%	119.89%	-	-	-	-
Free Cash Flow Margin	5.84%	2.79%	1.30%	-0.02%	0.25%	-3.31%
Free Cash Flow Per Share	30.55	15.87	8.20	-0.13	1.37	-16.26
Cash Interest Paid	22	21	21	21	24	21
Cash Income Tax Paid	66	28	9	37	10	24
Levered Free Cash Flow	777.13	402.25	-92	266.63	-97.75	-367
Unlevered Free Cash Flow	790.88	415.38	-78.88	279.75	-82.75	-353.88
Change in Working Capital	209	-117	61	97	-123	-118

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