Forside Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	491	114	155	-100	101
Depreciation & Amortization	121	34	18	29	38
Loss (Gain) From Sale of Assets	-13	2	-	33	-
Loss (Gain) From Sale of Investments	1	-66	-25	-7	5
Other Operating Activities	-39	-9	-25	-9	-5
Change in Accounts Receivable	-65	-164	151	-98	-149
Change in Inventory	38	84	70	-67	-59
Change in Accounts Payable	83	278	-71	-8	242
Change in Other Net Operating Assets	51	-110	-158	-102	7
Operating Cash Flow	668	163	115	-329	180
Operating Cash Flow Growth	309.82%	41.74%	-	-	60.71%
Capital Expenditures	-55	-26	-52	-2	-8
Sale of Property, Plant & Equipment	20	-	-	80	-
Cash Acquisitions	110	-12	-	-	3
Divestitures	-	-530	-4	-	-
Sale (Purchase) of Intangibles	-	-8	-17	-2	-3
Investment in Securities	51	-1	-	15	-172
Other Investing Activities	5	-37	-26	1	1
Investing Cash Flow	217	-596	-61	124	-163
Short-Term Debt Issued	-	-	-	-	210
Long-Term Debt Issued	180	50	98	19	183
Total Debt Issued	180	50	98	19	393
Short-Term Debt Repaid	-	-142	-204	-21	-
Long-Term Debt Repaid	-261	-108	-102	-117	-197
Total Debt Repaid	-261	-250	-306	-138	-197
Net Debt Issued (Repaid)	-81	-200	-208	-119	196
Issuance of Common Stock	-	1,045	402	-	-
Repurchase of Common Stock	-	-203	-	-	-
Other Financing Activities	-12	-3	-2	-1	-2
Financing Cash Flow	-93	639	192	-120	194
Foreign Exchange Rate Adjustments	-	6	2	2	5
Miscellaneous Cash Flow Adjustments	1	1	-	1	1
Net Cash Flow	793	213	248	-322	217
Free Cash Flow	613	137	63	-331	172
Free Cash Flow Growth	347.44%	117.46%	-	-	66.99%
Free Cash Flow Margin	7.01%	2.57%	1.31%	-6.64%	3.52%
Free Cash Flow Per Share	14.15	3.47	1.83	-10.17	5.29
Cash Interest Paid	15	8	20	13	5
Cash Income Tax Paid	38	34	12	4	6
Levered Free Cash Flow	563	-907.13	-47	-306.25	249.88
Unlevered Free Cash Flow	572.38	-902.13	-38.88	-296.88	256.13
Change in Working Capital	107	88	-8	-275	41

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