Kyodo Public Relations Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	1,033	861	768	287	70
Depreciation & Amortization	203	217	136	65	45
Loss (Gain) From Sale of Assets	-	-	16	3	3
Loss (Gain) From Sale of Investments	48	-	-	85	77
Loss (Gain) on Equity Investments	-	7	-6	-1	6
Other Operating Activities	-251	-348	-208	-43	-105
Change in Accounts Receivable	-38	-60	-111	-84	219
Change in Inventory	-3	-	13	-62	39
Change in Accounts Payable	-129	147	45	8	-79
Change in Other Net Operating Assets	48	-54	-107	183	109
Operating Cash Flow	911	770	546	441	384
Operating Cash Flow Growth	18.31%	41.03%	23.81%	14.84%	40.15%
Capital Expenditures	-33	-53	-66	-155	-29
Sale of Property, Plant & Equipment	-	-	42	-	-
Cash Acquisitions	-	3	-320	-30	-13
Investment in Securities	-4	-11	-52	11	54
Other Investing Activities	1	27	-1	149	-113
Investing Cash Flow	-36	-34	-397	-25	-101
Short-Term Debt Issued	-	-	-	-	100
Long-Term Debt Issued	-	-	550	300	455
Total Debt Issued	-	-	550	300	555
Short-Term Debt Repaid	-	-	-	-100	-
Long-Term Debt Repaid	-237	-262	-390	-133	-185
Total Debt Repaid	-237	-262	-390	-233	-185
Net Debt Issued (Repaid)	-237	-262	160	67	370
Issuance of Common Stock	13	6	164	51	8
Repurchase of Common Stock	-	-49	-47	-50	-81
Common Dividends Paid	-86	-69	-57	-47	-39
Other Financing Activities	-	-	-1	-6	-17
Financing Cash Flow	-310	-374	219	15	241
Foreign Exchange Rate Adjustments	5	2	5	-3	1
Miscellaneous Cash Flow Adjustments	-2	-	1	-	-
Net Cash Flow	568	364	374	428	525
Free Cash Flow	878	717	480	286	355
Free Cash Flow Growth	22.45%	49.38%	67.83%	-19.44%	49.16%
Free Cash Flow Margin	11.99%	10.40%	9.12%	5.10%	7.11%
Free Cash Flow Per Share	99.95	82.34	55.82	33.35	42.27
Cash Interest Paid	5	6	5	2	2
Cash Income Tax Paid	250	348	207	28	108
Levered Free Cash Flow	881.13	685.88	410.88	289.88	291.88
Unlevered Free Cash Flow	884.88	689.63	414	291.13	293.13
Change in Working Capital	-122	33	-160	45	288

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.