JAC Recruitment Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	8,348	8,207	7,011	5,776	3,593
Depreciation & Amortization	646	660	563	513	621
Loss (Gain) From Sale of Assets	773	1	41	35	1,583
Other Operating Activities	-2,319	-2,113	-2,259	-1,910	-1,336
Change in Accounts Receivable	-755	320	-439	-664	115
Change in Inventory	-2	6	-	-6	3
Change in Accounts Payable	793	-280	496	1,371	-249
Change in Other Net Operating Assets	635	286	500	-24	202
Operating Cash Flow	8,119	7,087	5,913	5,091	4,532
Operating Cash Flow Growth	14.56%	19.86%	16.15%	12.34%	-3.41%
Capital Expenditures	-187	-152	-312	-32	-82
Cash Acquisitions	-	-	-	-	-752
Sale (Purchase) of Intangibles	-257	-316	-408	-288	-232
Investment in Securities	-	-	-	-	2,400
Other Investing Activities	-160	-3	-223	-118	-22
Investing Cash Flow	-607	-461	-944	-436	1,312
Issuance of Common Stock	-	-	-	993	-
Repurchase of Common Stock	-1,486	-1,369	-	-2,904	-130
Common Dividends Paid	-3,631	-3,275	-2,986	-3,299	-3,312
Other Financing Activities	-196	-194	-188	-190	-175
Financing Cash Flow	-5,313	-4,838	-3,174	-5,400	-3,617
Foreign Exchange Rate Adjustments	86	100	151	94	-39
Miscellaneous Cash Flow Adjustments	-1	-1	-	-	-1
Net Cash Flow	2,284	1,887	1,946	-651	2,187
Free Cash Flow	7,932	6,935	5,601	5,059	4,450
Free Cash Flow Growth	14.38%	23.82%	10.71%	13.69%	-1.98%
Free Cash Flow Margin	20.26%	20.12%	18.40%	20.36%	20.59%
Free Cash Flow Per Share	49.79	43.41	34.68	31.28	27.11
Cash Interest Paid	20	22	22	16	18
Cash Income Tax Paid	2,321	2,117	2,261	1,912	1,343
Levered Free Cash Flow	6,860	5,542	4,343	4,302	3,716
Unlevered Free Cash Flow	6,873	5,555	4,357	4,312	3,727
Change in Working Capital	671	332	557	677	71

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