Lifenet Insurance 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 2015
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 '15 Mar 31, 2015
Net Income	11,102	9,179	8,251	-5,164	-3,319	-1,624
Depreciation & Amortization	1,065	948	631	392	390	225
Other Amortization	-	-	-	-	130	-
Gain (Loss) on Sale of Assets	3	3	58	1	5	-
Gain (Loss) on Sale of Investments	-471	-71	-670	69	-178	-2
Change in Accounts Receivable	-	-	-	-1	1	-
Reinsurance Recoverable	-	-	-	-721	-1,311	-21
Change in Accounts Payable	-	-	-	16	-21	-
Change in Insurance Reserves / Liabilities	-	-	-	7,453	6,902	3,468
Change in Other Net Operating Assets	-3,543	-3,630	-2,812	507	-11	1,047
Other Operating Activities	932	850	558	63	92	128
Operating Cash Flow	9,088	7,279	6,016	2,705	2,783	3,247
Operating Cash Flow Growth	55.70%	20.99%	122.40%	-2.80%	-14.29%	64.32%
Capital Expenditures	-1,163	-1,177	-783	-1	-38	-82
Purchase / Sale of Intangible Assets	-	-	-	-583	-478	-81
Investment in Securities	-11,824	-12,649	-2,512	100	-7,733	-2,765
Other Investing Activities	-804	-469	-148	239	500	3
Investing Cash Flow	-13,791	-14,295	-3,443	-245	-7,749	-2,925
Total Debt Repaid	-	-	-	-2	-4	-8
Net Debt Issued (Repaid)	-	-	-	-2	-4	-8
Issuance of Common Stock	-	-	9,789	-	9,672	-
Other Financing Activities	-246	-164	-108	-	-	-
Financing Cash Flow	-246	-164	9,681	-2	9,668	-8
Foreign Exchange Rate Adjustments	9	-8	32	-	-	-
Miscellaneous Cash Flow Adjustments	-	-	-1	-	-	-1
Net Cash Flow	-4,940	-7,188	12,285	2,458	4,702	313
Free Cash Flow	7,925	6,102	5,233	2,704	2,745	3,165
Free Cash Flow Growth	56.90%	16.61%	93.53%	-1.49%	-13.27%	63.91%
Free Cash Flow Margin	25.21%	20.91%	21.03%	9.04%	10.49%	36.68%
Free Cash Flow Per Share	98.67	75.99	69.33	-	-	75.04
Cash Interest Paid	18	13	1	2	1	-
Cash Income Tax Paid	-	-12	-	14	19	4
Levered Free Cash Flow	6,509	4,708	12,841	-2,858	-	-1,068
Unlevered Free Cash Flow	6,509	4,708	12,841	-2,857	-	-1,068
Change in Working Capital	-3,543	-3,630	-2,812	7,344	5,663	4,520

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