Cube System Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	2,039	1,771	1,590	1,480	1,432
Depreciation & Amortization	151	57	43	51	60
Loss (Gain) From Sale of Assets	5	-	-	-	-
Loss (Gain) From Sale of Investments	-462	-52	-38	-17	-
Other Operating Activities	-372	-475	-528	-418	-578
Change in Accounts Receivable	-354	-406	-229	-117	3
Change in Inventory	1	1	7	6	67
Change in Accounts Payable	-65	-117	239	-97	-13
Change in Other Net Operating Assets	-176	-524	-40	3	44
Operating Cash Flow	767	255	1,044	891	1,015
Operating Cash Flow Growth	200.78%	-75.58%	17.17%	-12.22%	-2.69%
Capital Expenditures	-298	-39	-69	-12	-43
Sale (Purchase) of Intangibles	-38	-	-	-	-
Investment in Securities	662	104	-149	-299	-64
Other Investing Activities	45	-133	-41	7	-27
Investing Cash Flow	371	-68	-259	-304	-134
Short-Term Debt Repaid	-	-	-10	-	-40
Total Debt Repaid	-	-	-10	-	-40
Net Debt Issued (Repaid)	-	-	-10	-	-40
Issuance of Common Stock	-	-	-	1,255	-
Repurchase of Common Stock	108	-151	-	383	-
Common Dividends Paid	-630	-629	-661	-536	-283
Other Financing Activities	1	-	-1	-	-1
Financing Cash Flow	-521	-780	-672	1,102	-324
Foreign Exchange Rate Adjustments	-4	-8	-1	-1	10
Miscellaneous Cash Flow Adjustments	-1	-	-1	-1	1
Net Cash Flow	612	-601	111	1,687	568
Free Cash Flow	469	216	975	879	972
Free Cash Flow Growth	117.13%	-77.85%	10.92%	-9.57%	-3.19%
Free Cash Flow Margin	2.54%	1.18%	5.41%	5.38%	6.04%
Free Cash Flow Per Share	30.99	14.35	64.31	62.49	71.85
Cash Interest Paid	2	1	1	1	1
Cash Income Tax Paid	371	473	524	420	579
Levered Free Cash Flow	759.13	379.13	926.38	826.88	823.63
Unlevered Free Cash Flow	760.38	379.75	927	827.5	824.25
Change in Working Capital	-594	-1,046	-23	-205	101

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