Nippon Sanso Holdings Corp. (NPXYY) Cash Flow Statement
Where NPXYY’s cash came from and went, FY2026
March 31, 2026 · Japanese yen- Cash from operations
- ¥272.59B +15.9% vs FY2025
- Capital expenditures
- ¥109.15B 8.0% of revenue
- Free cash flow
- ¥163.44B 12.0% margin
- Returned to shareholders
- ¥24.24B 15% of free cash flow
- Change in cash
- ¥20.64B cash at year-end ¥165.35B
Drawn to scale: where the cash came from and how it was used. Hover for values.
NPXYY operating cash flow, capex and free cash flow
NPXYY cash flow trends, FY2022–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | ¥148.76BFY2022 | ¥272.59BFY2026 | +16.3%/yr | |
| Capital expenditures | ¥74.48BFY2022 | ¥109.15BFY2026 | +10.0%/yr | |
| Free cash flow | ¥74.28BFY2022 | ¥163.44BFY2026 | +21.8%/yr | |
| Free cash flow margin | 7.8%FY2022 | 12.0%FY2026 | +4.3 pts | |
| Operating cash flow / net income | 2.32FY2022 | 2.20FY2026 | −0.12 | |
| Dividends paid | ¥13.85BFY2022 | ¥24.24BFY2026 | +15.0%/yr | |
| Capex / revenue | 7.8%FY2022 | 8.0%FY2026 | +0.2 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
NPXYY cash flow by activity
NPXYY net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
NPXYY cash flow statement in Japanese yen
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Operating activities | |||||
| Net income | ¥123.89B | ¥98.78B | ¥105.90B | ¥73.00B | ¥64.10B |
| Depreciation & amortization | ¥126.90B | ¥116.20B | ¥112.44B | ¥105.73B | ¥92.44B |
| Change in working capital | −¥7.39B | ¥15.96B | −¥20.56B | −¥20.60B | −¥20.14B |
| Other non-cash items | ¥29.18B | ¥4.21B | ¥18.20B | ¥29.83B | ¥12.37B |
| Cash from operating activities | ¥272.59B | ¥235.15B | ¥215.98B | ¥187.96B | ¥148.76B |
| Investing activities | |||||
| Capital expenditures | −¥109.15B | −¥146.82B | −¥118.35B | −¥91.83B | −¥74.48B |
| Investments (net) | ¥12.90B | ¥5.27B | −¥124.65B | −¥98.07B | −¥70.86B |
| Financing activities | |||||
| Dividends paid | −¥24.24B | −¥20.78B | −¥17.32B | −¥15.58B | −¥13.85B |
| Net borrowing (repayment) | −¥12.51B | −¥37.05B | −¥61.04B | −¥23.61B | −¥53.34B |
| Shares issued | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 |
| Summary | |||||
| Net change in cash | ¥20.64B | ¥18.31B | −¥6.30B | ¥38.42B | ¥2.37B |
| Cash at end of period | ¥165.35B | ¥144.53B | ¥126.10B | ¥132.22B | ¥93.70B |
| Free cash flow | ¥163.44B | ¥88.32B | ¥97.63B | ¥96.13B | ¥74.28B |
| Free cash flow margin | 12.0% | 6.8% | 7.8% | 8.1% | 7.8% |
| Capex / revenue | 8.0% | 11.2% | 9.4% | 7.7% | 7.8% |
| Operating cash flow / net income | 2.20 | 2.38 | 2.04 | 2.57 | 2.32 |
| Mar '24 | Dec '23 | |
|---|---|---|
| Operating activities | ||
| Net income | ¥32.51B | ¥24.85B |
| Depreciation & amortization | ¥29.39B | ¥28.22B |
| Change in working capital | ¥12.50B | −¥5.96B |
| Other non-cash items | ¥10.43B | −¥3.92B |
| Cash from operating activities | ¥84.82B | ¥43.18B |
| Investing activities | ||
| Capital expenditures | −¥38.22B | −¥27.01B |
| Investments (net) | ¥23.0M | −¥28.02B |
| Financing activities | ||
| Dividends paid | ¥0 | −¥8.66B |
| Net borrowing (repayment) | −¥124.80B | — |
| Shares issued | ¥0 | ¥0 |
| Summary | ||
| Net change in cash | −¥81.19B | −¥10.58B |
| Cash at end of period | ¥126.10B | ¥204.37B |
| Free cash flow | ¥46.60B | ¥16.17B |
| Free cash flow margin | 14.3% | 5.1% |
| Capex / revenue | 11.7% | 8.5% |
| Operating cash flow / net income | 2.61 | 1.74 |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in Japanese yen as reported; data from EODHD.
NPXYY cash generation
In fiscal 2026 (ended March 31, 2026), Nippon Sanso generated ¥272.6 billion of cash from operations (up 15.9%) and spent ¥109.2 billion on capital expenditures, leaving free cash flow of ¥163.4 billion, 12.0% of revenue. It returned ¥24.2 billion to shareholders through dividends (¥24.2 billion) and net share buybacks (¥0). Cash and equivalents rose by ¥20.6 billion over the year.
Related: NPXYY income statement, NPXYY balance sheet, NPXYY dividend history. See the NPXYY stock overview for the latest quote and news.
NPXYY cash flow FAQ
What is Nippon Sanso's free cash flow?
Nippon Sanso's free cash flow was ¥163.4 billion in fiscal 2026: ¥272.6 billion of operating cash flow minus ¥109.2 billion of capital expenditures It was ¥88.3 billion a year earlier..
How much cash does Nippon Sanso generate from operations?
Nippon Sanso generated ¥272.6 billion of cash from operating activities in fiscal 2026, 2.20 times its net income of ¥123.9 billion.
How much does Nippon Sanso spend on capital expenditures?
Nippon Sanso spent ¥109.2 billion on capital expenditures in fiscal 2026, 8.0% of revenue, compared with ¥146.8 billion the year before.
How much does Nippon Sanso pay in dividends?
Nippon Sanso paid ¥24.2 billion in dividends in fiscal 2026, 14.8% of free cash flow.