Renaissance,Incorporated Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	1,002	671	-305	482	-10,109
Depreciation & Amortization	3,217	2,429	2,233	2,193	2,581
Loss (Gain) From Sale of Assets	328	164	613	333	3,844
Loss (Gain) on Equity Investments	-	362	-	-	-
Other Operating Activities	-454	201	-284	428	248
Change in Accounts Receivable	-211	-150	-193	-156	186
Change in Inventory	-113	-52	8	22	-
Change in Accounts Payable	407	573	-811	791	-233
Change in Other Net Operating Assets	-666	633	353	-274	-1,934
Operating Cash Flow	3,510	4,831	1,614	3,819	-5,417
Operating Cash Flow Growth	-27.34%	199.32%	-57.74%	-	-
Capital Expenditures	-3,195	-2,247	-2,584	-1,404	-2,264
Sale of Property, Plant & Equipment	-	-	-	1	-
Cash Acquisitions	218	-1,622	-1,616	-27	-
Sale (Purchase) of Intangibles	-233	-265	-117	-77	-201
Investment in Securities	-	-	-	-	-11
Other Investing Activities	32	-454	8	-10	-585
Investing Cash Flow	-3,158	-4,520	-4,238	-1,421	-2,928
Short-Term Debt Issued	1,800	-	1,150	-	2,110
Long-Term Debt Issued	3,000	3,400	2,694	2,005	5,300
Total Debt Issued	4,800	3,400	3,844	2,005	7,410
Short-Term Debt Repaid	-	-600	-	-4,105	-
Long-Term Debt Repaid	-2,514	-2,304	-2,223	-2,122	-1,840
Total Debt Repaid	-2,514	-2,904	-2,223	-6,227	-1,840
Net Debt Issued (Repaid)	2,286	496	1,621	-4,222	5,570
Issuance of Common Stock	7	-	1,990	-	2,731
Common Dividends Paid	-208	-145	-152	-77	-148
Other Financing Activities	-999	85	-109	-256	1,118
Financing Cash Flow	1,086	436	3,350	-4,555	9,271
Foreign Exchange Rate Adjustments	30	-68	-50	-82	-28
Miscellaneous Cash Flow Adjustments	-	-	-	-	-1
Net Cash Flow	1,468	679	676	-2,239	897
Free Cash Flow	315	2,584	-970	2,415	-7,681
Free Cash Flow Growth	-87.81%	-	-	-	-
Free Cash Flow Margin	0.49%	5.92%	-2.38%	6.51%	-25.43%
Free Cash Flow Per Share	13.90	126.31	-51.35	127.86	-428.33
Cash Interest Paid	758	581	467	381	314
Cash Income Tax Paid	444	-209	274	139	431
Levered Free Cash Flow	818	2,145	-1,462	1,909	-4,548
Unlevered Free Cash Flow	1,290	2,507	-1,170	2,142	-4,343
Change in Working Capital	-583	1,004	-643	383	-1,981

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