Masaru Cash Flow Statement

Financials in millions JPY. Fiscal year is October - September.

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Net Income	618	421	522	312	418
Depreciation & Amortization	117	48	28	33	33
Loss (Gain) From Sale of Assets	-	-	-	-78	-
Other Operating Activities	-121	-306	-54	-93	-187
Change in Accounts Receivable	284	316	-719	-380	170
Change in Inventory	283	-53	-15	649	-79
Change in Accounts Payable	-129	-98	39	132	-138
Change in Other Net Operating Assets	186	93	429	-845	-195
Operating Cash Flow	1,238	421	230	-270	22
Operating Cash Flow Growth	194.06%	83.04%	-	-	-98.18%
Capital Expenditures	-21	-8	-	-10	-1
Sale of Property, Plant & Equipment	-	-	-	166	-
Cash Acquisitions	-	-491	-	-	-
Sale (Purchase) of Intangibles	-1	-3	-	-4	-2
Investment in Securities	-	-1	12	8	-
Other Investing Activities	27	1	-108	48	-4
Investing Cash Flow	9	-501	-95	209	7
Long-Term Debt Issued	300	939	300	230	500
Total Debt Issued	300	939	300	230	500
Short-Term Debt Repaid	-	-	-	-25	-132
Long-Term Debt Repaid	-417	-323	-297	-446	-428
Total Debt Repaid	-417	-323	-297	-471	-560
Net Debt Issued (Repaid)	-117	616	3	-241	-60
Common Dividends Paid	-110	-123	-70	-109	-139
Other Financing Activities	-5	-3	-1	-2	-
Financing Cash Flow	-232	490	-68	-352	-199
Miscellaneous Cash Flow Adjustments	-	1	-2	-	1
Net Cash Flow	1,015	411	65	-413	-169
Free Cash Flow	1,217	413	230	-280	21
Free Cash Flow Growth	194.67%	79.56%	-	-	-98.26%
Free Cash Flow Margin	11.43%	4.62%	2.66%	-4.02%	0.27%
Free Cash Flow Per Share	1369.28	466.76	261.34	-319.75	24.11
Cash Interest Paid	11	3	1	2	3
Cash Income Tax Paid	124	307	54	92	186
Levered Free Cash Flow	1,236	414.63	235.38	-311.5	-63.5
Unlevered Free Cash Flow	1,243	423.38	236	-310.25	-61.63
Change in Working Capital	624	258	-266	-444	-242

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