FRA:G03 Cash Flow Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,407	19,838	29,729	28,937	36,705
Depreciation & Amortization	1,012	951	1,210	983	919
Loss (Gain) From Sale of Assets	-	174	186	47	131
Asset Writedown & Restructuring Costs	203	-	-	-	-
Loss (Gain) From Sale of Investments	-	-	-607	-	-3,207
Stock-Based Compensation	182	-	-	-	-
Other Operating Activities	405	-7,202	-8,020	-11,380	-10,386
Change in Accounts Receivable	3,360	430	-76	-2,873	312
Change in Inventory	-30	5	-298	58	44
Change in Accounts Payable	-20	-329	-1,722	3,633	-694
Change in Other Net Operating Assets	-6,370	3,265	112	-745	-171
Operating Cash Flow	149	17,132	20,514	18,660	23,653
Operating Cash Flow Growth	-99.13%	-16.49%	9.94%	-21.11%	-2.32%
Capital Expenditures	-605	-243	-617	-431	-676
Investment in Securities	-27,815	-46,868	-12,170	-1,995	-4,937
Other Investing Activities	-256	-477	-1,823	-369	-501
Investing Cash Flow	-28,676	-47,588	-14,610	-2,795	-5,414
Long-Term Debt Issued	-	-	500	210	100
Total Debt Issued	-	-	500	210	100
Long-Term Debt Repaid	-	-	-219	-228	-206
Total Debt Repaid	-	-	-219	-228	-206
Net Debt Issued (Repaid)	-	-	281	-18	-106
Repurchase of Common Stock	-5,002	-9,865	-5,015	-5,024	-10,062
Common Dividends Paid	-3,350	-1,809	-1,854	-3,822	-2,032
Other Financing Activities	-475	-543	-445	-401	-193
Financing Cash Flow	-8,827	-12,217	-7,033	-9,265	-12,393
Foreign Exchange Rate Adjustments	203	1,196	1,101	990	261
Miscellaneous Cash Flow Adjustments	1	1	1	-	-1
Net Cash Flow	-37,150	-41,476	-27	7,590	6,106
Free Cash Flow	-456	16,889	19,897	18,229	22,977
Free Cash Flow Growth	-	-15.12%	9.15%	-20.66%	6.50%
Free Cash Flow Margin	-0.49%	16.30%	15.88%	17.28%	21.96%
Free Cash Flow Per Share	-8.26	273.18	327.14	290.82	340.73
Cash Interest Paid	29	15	21	16	14
Cash Income Tax Paid	4,804	6,933	7,899	11,247	10,350
Levered Free Cash Flow	-1,595	13,266	16,402	17,333	19,783
Unlevered Free Cash Flow	-1,577	13,276	16,415	17,343	19,792
Change in Working Capital	-3,060	3,371	-1,984	73	-509

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