RIZAP GROUP, Inc. (SPSE:2928)

RIZAP GROUP Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Operating Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	8,553	8,128	-1,495	-4,524	-6,641	3,530
Depreciation & Amortization	22,566	22,287	22,473	17,328	12,531	10,830
Loss (Gain) From Sale of Assets	389	394	903	405	2,360	2,023
Loss (Gain) on Equity Investments	41	41	-	-	-	-
Other Operating Activities	-217	-420	100	822	-1,169	-973
Change in Accounts Receivable	-542	-487	-68	-2,446	-2,050	559
Change in Inventory	4,372	5,281	-864	-665	-473	57
Change in Accounts Payable	-834	697	-2,985	1,547	-494	-1,450
Change in Other Net Operating Assets	-6,443	-6,432	977	-2,595	-3,633	-4,608
Operating Cash Flow	29,063	30,589	18,518	9,802	247	10,006
Operating Cash Flow Growth	24.43%	65.19%	88.92%	3868.42%	-97.53%	-59.76%

Investing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-4,581	-3,478	-9,677	-14,145	-7,180	-2,546
Sale of Property, Plant & Equipment	63	91	40	240	333	4,739
Cash Acquisitions	-	-	-5	-	-	-
Divestitures	1,087	1,087	-	2,789	1,656	-
Investment in Securities	3,079	2,950	309	-855	103	122
Other Investing Activities	-1,293	-1,038	-2,288	-1,717	-2,018	402
Investing Cash Flow	-1,645	-388	-11,621	-13,688	-7,106	2,717

Financing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Short-Term Debt Issued	-	-	-	-	15,990	-
Long-Term Debt Issued	-	8,331	8,380	14,901	2,578	2,862
Total Debt Issued	10,424	8,331	8,380	14,901	18,568	2,862
Short-Term Debt Repaid	-	-2,668	-14,321	-3,951	-	-3,708
Long-Term Debt Repaid	-	-11,301	-9,647	-5,755	-6,752	-10,403
Total Debt Repaid	-12,850	-13,969	-23,968	-9,706	-6,752	-14,111
Net Debt Issued (Repaid)	-2,426	-5,638	-15,588	5,195	11,816	-11,249
Issuance of Common Stock	-	-	12,117	-	-	-
Common Dividends Paid	-381	-	-	-	-	-2
Other Financing Activities	-16,730	-16,170	4,020	-4,159	-13,306	-11,262
Financing Cash Flow	-19,620	-21,808	549	1,036	-1,490	-22,513

Net Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Foreign Exchange Rate Adjustments	207	139	-12	100	64	111
Miscellaneous Cash Flow Adjustments	359	476	-475	17	-2	13
Net Cash Flow	8,364	9,008	6,959	-2,733	-8,287	-9,666

Free Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	24,482	27,111	8,841	-4,343	-6,933	7,460
Free Cash Flow Growth	58.33%	206.65%	-	-	-	-65.78%
Free Cash Flow Margin	14.90%	16.21%	5.17%	-2.61%	-4.32%	4.59%
Free Cash Flow Per Share	40.83	45.21	14.63	-7.81	-12.46	13.41
Levered Free Cash Flow	24,839	30,624	9,066	4,793	-1,101	9,395
Unlevered Free Cash Flow	26,229	32,004	10,754	6,544	-103	10,313

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	1,825	1,797	2,175	2,075	1,175	1,421
Cash Income Tax Paid	838	1,079	472	234	1,642	1,022
Change in Working Capital	-3,447	-941	-2,940	-4,159	-6,650	-5,442

Data Source: S&P Global Market Intelligence Last updated: Aug 14, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 5, 2026

Data Sources Report a data error