Artner Cash Flow Statement

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

Millions JPY. Fiscal year is Feb - Jan.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022	Jan '21 Jan 31, 2021
Net Income	1,261	1,052	1,203	1,057	913
Depreciation & Amortization	25.11	24.72	25	28	30
Loss (Gain) From Sale of Assets	-6.2	13.2	-	-25	-2
Loss (Gain) From Sale of Investments	-	-7.94	-	-	-
Other Operating Activities	4.48	132.54	-398	-319	-305
Change in Accounts Receivable	-217.11	-110.99	-118	-115	36
Change in Inventory	1.79	-1.03	-3	-	-
Change in Accounts Payable	31.92	-8.12	42	110	84
Change in Other Net Operating Assets	79.89	32.05	121	34	143
Operating Cash Flow	1,180	1,126	872	770	899
Operating Cash Flow Growth	4.81%	29.16%	13.25%	-14.35%	52.12%
Capital Expenditures	-47.95	-2.4	-7	-4	-36
Sale of Property, Plant & Equipment	28.94	-	-	43	19
Sale (Purchase) of Intangibles	-5.7	-12.92	-7	-6	-11
Investment in Securities	-	9.23	-	-	-
Other Investing Activities	-25.27	0.11	-10	-	-2
Investing Cash Flow	-49.98	-5.98	-24	33	-30
Repurchase of Common Stock	-0.1	-0.13	-	-	-
Common Dividends Paid	-819.04	-818.41	-426	-270	-232
Other Financing Activities	-	-0	-	-	-
Financing Cash Flow	-819.13	-818.54	-426	-270	-232
Miscellaneous Cash Flow Adjustments	-0	-	-1	1	-1
Net Cash Flow	311.37	301.73	421	534	636
Free Cash Flow	1,133	1,124	865	766	863
Free Cash Flow Growth	0.77%	29.93%	12.92%	-11.24%	50.09%
Free Cash Flow Margin	10.18%	11.12%	9.36%	9.45%	12.03%
Free Cash Flow Per Share	106.59	105.77	81.41	72.09	81.22
Cash Interest Paid	-	0.1	-	-	-
Cash Income Tax Paid	569.87	337.66	399	320	305
Levered Free Cash Flow	995.22	-	658.25	653.25	712.38
Unlevered Free Cash Flow	995.22	-	658.25	653.25	712.38
Change in Working Capital	-103.52	-88.08	42	29	263

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.