Link and Motivation Inc. (TYO:2170)
Japan · Delayed Price · Currency is JPY 720.00
+23.00 (3.30%)
Aug 27, 2026, 11:02 AM JST
Link and Motivation Cash Flow Statement
Financials in millions JPY. Fiscal year is January - December.
Millions JPY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 4,266 | 4,223 | 5,420 | 4,567 | 3,501 | 1,903 |
Depreciation & Amortization | 1,932 | 1,818 | 1,714 | 1,688 | 1,724 | 2,870 |
Loss (Gain) From Sale of Assets | 1,535 | 1,581 | 245 | 230 | 351 | 753 |
Loss (Gain) From Sale of Investments | -78 | -77 | -118 | 26 | 20 | - |
Loss (Gain) on Equity Investments | -166 | -147 | -15 | - | - | - |
Other Operating Activities | -1,977 | -2,124 | -1,271 | -1,823 | -1,152 | -379 |
Change in Accounts Receivable | 197 | -573 | -474 | -339 | 552 | -173 |
Change in Inventory | -35 | 62 | -71 | -42 | 16 | -12 |
Change in Accounts Payable | -158 | 167 | 285 | -24 | -237 | -78 |
Change in Other Net Operating Assets | 437 | 316 | -77 | 59 | -1,244 | -555 |
Operating Cash Flow | 5,953 | 5,246 | 5,638 | 4,342 | 3,550 | 4,316 |
Operating Cash Flow Growth | 13.74% | -6.95% | 29.85% | 22.31% | -17.75% | 8.71% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -67 | -87 | -173 | -123 | -135 | -330 |
Sale of Property, Plant & Equipment | - | - | - | - | - | 3 |
Cash Acquisitions | -513 | -1,020 | -1,992 | - | - | - |
Sale (Purchase) of Intangibles | -690 | -569 | -635 | -533 | -898 | -889 |
Investment in Securities | -4,167 | -3,594 | 942 | 910 | -168 | 513 |
Other Investing Activities | -72 | 22 | -80 | 32 | 932 | -25 |
Investing Cash Flow | -5,509 | -5,248 | -1,938 | 286 | -269 | -728 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | 2,000 | - | 1,300 | - | - |
Long-Term Debt Issued | - | 3,230 | 7,180 | 100 | 2,400 | 506 |
Total Debt Issued | 7,549 | 5,230 | 7,180 | 1,400 | 2,400 | 506 |
Short-Term Debt Repaid | - | - | -4,100 | - | -1,800 | - |
Long-Term Debt Repaid | - | -2,272 | -1,948 | -1,373 | -2,081 | -6,173 |
Total Debt Repaid | -2,790 | -2,272 | -6,048 | -1,373 | -3,881 | -6,173 |
Net Debt Issued (Repaid) | 4,759 | 2,958 | 1,132 | 27 | -1,481 | -5,667 |
Issuance of Common Stock | - | - | 10 | 84 | 5 | 4,029 |
Repurchase of Common Stock | -2,500 | - | -1,489 | -1,329 | - | - |
Common Dividends Paid | -1,765 | -1,634 | -1,274 | -1,156 | -847 | -765 |
Other Financing Activities | -1,753 | -1,518 | -865 | -979 | 238 | -2,721 |
Financing Cash Flow | -1,259 | -194 | -2,486 | -3,353 | -2,085 | -5,124 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -24 | -36 | 3 | 1 | -1 | 4 |
Miscellaneous Cash Flow Adjustments | 2 | - | - | 1 | -1 | - |
Net Cash Flow | -837 | -232 | 1,217 | 1,277 | 1,194 | -1,532 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 5,886 | 5,159 | 5,465 | 4,219 | 3,415 | 3,986 |
Free Cash Flow Growth | 14.18% | -5.60% | 29.53% | 23.54% | -14.32% | 6.35% |
Free Cash Flow Margin | 13.42% | 12.43% | 14.59% | 12.42% | 10.42% | 12.21% |
Free Cash Flow Per Share | 53.84 | 47.62 | 50.89 | 37.86 | 30.61 | 37.87 |
Levered Free Cash Flow | 1,419 | 5,085 | 4,824 | 3,443 | 2,375 | 3,467 |
Unlevered Free Cash Flow | 1,552 | 5,178 | 4,881 | 3,488 | 2,466 | 3,575 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 209 | 153 | 86 | 67 | 131 | 162 |
Cash Income Tax Paid | 2,007 | 2,149 | 1,297 | 1,822 | 1,154 | 377 |
Change in Working Capital | 441 | -28 | -337 | -346 | -913 | -818 |