Renaissance,Incorporated 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	-2,276	1,002	671	-305	482
Depreciation & Amortization	3,490	3,217	2,429	2,233	2,193
Loss (Gain) From Sale of Assets	3,136	328	164	613	333
Loss (Gain) From Sale of Investments	-24	-	-	-	-
Loss (Gain) on Equity Investments	-	-	362	-	-
Other Operating Activities	-538	-454	201	-284	428
Change in Accounts Receivable	219	-211	-150	-193	-156
Change in Inventory	101	-113	-52	8	22
Change in Accounts Payable	-681	407	573	-811	791
Change in Other Net Operating Assets	695	-666	633	353	-274
Operating Cash Flow	4,122	3,510	4,831	1,614	3,819
Operating Cash Flow Growth	17.44%	-27.34%	199.32%	-57.74%	-
Capital Expenditures	-3,726	-3,195	-2,247	-2,584	-1,404
Sale of Property, Plant & Equipment	1	-	-	-	1
Cash Acquisitions	-592	218	-1,622	-1,616	-27
Sale (Purchase) of Intangibles	-256	-233	-265	-117	-77
Investment in Securities	37	-	-	-	-
Other Investing Activities	80	32	-454	8	-10
Investing Cash Flow	-4,399	-3,158	-4,520	-4,238	-1,421
Short-Term Debt Issued	1,296	1,800	-	1,150	-
Long-Term Debt Issued	3,862	3,000	3,400	2,694	2,005
Total Debt Issued	5,158	4,800	3,400	3,844	2,005
Short-Term Debt Repaid	-	-	-600	-	-4,105
Long-Term Debt Repaid	-2,658	-2,514	-2,304	-2,223	-2,122
Total Debt Repaid	-2,658	-2,514	-2,904	-2,223	-6,227
Net Debt Issued (Repaid)	2,500	2,286	496	1,621	-4,222
Issuance of Common Stock	20	7	-	1,990	-
Common Dividends Paid	-265	-208	-145	-152	-77
Other Financing Activities	-1,065	-999	85	-109	-256
Financing Cash Flow	1,190	1,086	436	3,350	-4,555
Foreign Exchange Rate Adjustments	-22	30	-68	-50	-82
Miscellaneous Cash Flow Adjustments	-1	-	-	-	-
Net Cash Flow	890	1,468	679	676	-2,239
Free Cash Flow	396	315	2,584	-970	2,415
Free Cash Flow Growth	25.71%	-87.81%	-	-	-
Free Cash Flow Margin	0.61%	0.49%	5.92%	-2.38%	6.51%
Free Cash Flow Per Share	20.94	13.90	126.31	-51.35	127.86
Cash Interest Paid	841	758	581	467	381
Cash Income Tax Paid	537	444	-209	274	139
Levered Free Cash Flow	-265.25	818	2,145	-1,462	1,909
Unlevered Free Cash Flow	264.75	1,290	2,507	-1,170	2,142
Change in Working Capital	334	-583	1,004	-643	383

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