Japan Securities Finance 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	12,992	14,335	11,043	8,273	7,147	5,601
Depreciation & Amortization	463	486	626	682	1,195	1,356
Loss (Gain) From Sale of Assets	2	-1,161	-	5	-17	3
Loss (Gain) From Sale of Investments	906	-30	509	1,530	251	30
Loss (Gain) on Equity Investments	-608	-774	-556	-523	-446	-395
Other Operating Activities	-4,816	-4,623	-1,159	-5,194	-4,431	-2,701
Change in Other Net Operating Assets	-558,235	-543,314	372,948	298,773	-126,003	160,565
Operating Cash Flow	-549,296	-535,081	383,411	303,546	-122,304	164,459
Operating Cash Flow Growth	-	-	26.31%	-	-	-40.20%
Capital Expenditures	-75	-91	-78	-353	-641	-133
Sale of Property, Plant & Equipment	-	1,196	-	-	48	-
Sale (Purchase) of Intangibles	-184	-166	-62	-285	-153	-460
Investment in Securities	-141	807	4,716	4,085	5,651	2,845
Other Investing Activities	-1	-1	-1	-	2	-22
Investing Cash Flow	-401	1,745	4,575	3,447	4,907	2,230
Issuance of Common Stock	-	87	49	-	-	-
Repurchase of Common Stock	-3,526	-3,002	-3,802	-3,000	-2,301	-
Common Dividends Paid	-7,045	-6,088	-2,870	-2,786	-2,786	-2,031
Other Financing Activities	-	-	-1	-	-1	-
Financing Cash Flow	-10,571	-9,003	-6,624	-5,786	-5,088	-2,031
Miscellaneous Cash Flow Adjustments	-2	-1	1	-1	-	-
Net Cash Flow	-560,270	-542,340	381,363	301,206	-122,485	164,658
Free Cash Flow	-549,371	-535,172	383,333	303,193	-122,945	164,326
Free Cash Flow Growth	-	-	26.43%	-	-	-40.25%
Free Cash Flow Margin	-662.88%	-899.66%	766.54%	713.09%	-407.94%	531.39%
Free Cash Flow Per Share	-6663.36	-6427.10	4488.73	3443.38	-1345.12	1791.14
Cash Interest Paid	46,877	25,343	9,417	6,999	4,171	3,688
Cash Income Tax Paid	3,570	2,273	983	5,916	4,117	2,864
Levered Free Cash Flow	-254,677	7,910	281,406	-388,143	-62,152	-539,445
Unlevered Free Cash Flow	-254,677	7,910	281,406	-388,143	-62,152	-539,445
Change in Working Capital	-558,235	-543,314	372,948	298,773	-126,003	160,565

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