System Location 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	497	573	584	609	626
Depreciation & Amortization	185	179	173	100	110
Loss (Gain) From Sale of Assets	11	46	2	-	-
Loss (Gain) From Sale of Investments	80	-	-	-54	-149
Loss (Gain) on Equity Investments	-	6	-2	-3	-13
Other Operating Activities	-201	-288	-216	-247	-222
Change in Accounts Receivable	12	-2	2	-32	-
Change in Accounts Payable	5	-1	1	5	-8
Change in Other Net Operating Assets	-94	28	52	19	13
Operating Cash Flow	495	541	596	397	357
Operating Cash Flow Growth	-8.50%	-9.23%	50.13%	11.20%	-20.31%
Capital Expenditures	-15	-76	-14	-13	-82
Sale of Property, Plant & Equipment	-	-	-	-	1
Cash Acquisitions	-	-	-581	-	-
Divestitures	-	-	-	-31	277
Sale (Purchase) of Intangibles	-27	-47	-83	-55	-63
Investment in Securities	-137	-	-54	-193	-30
Other Investing Activities	44	33	-5	-8	7
Investing Cash Flow	-135	-90	-737	-300	110
Common Dividends Paid	-133	-133	-176	-108	-95
Other Financing Activities	-	-	-	-1	9
Financing Cash Flow	-133	-133	-176	-109	-86
Foreign Exchange Rate Adjustments	-	-	-1	1	-
Miscellaneous Cash Flow Adjustments	-1	-1	-	1	-
Net Cash Flow	226	317	-318	-10	381
Free Cash Flow	480	465	582	384	275
Free Cash Flow Growth	3.23%	-20.10%	51.56%	39.64%	-36.64%
Free Cash Flow Margin	28.81%	26.71%	34.32%	29.49%	24.21%
Free Cash Flow Per Share	136.05	131.79	164.96	108.84	77.94
Cash Income Tax Paid	225	290	198	245	219
Levered Free Cash Flow	436	345.5	455.25	287.63	250.13
Unlevered Free Cash Flow	436	345.5	455.25	287.63	250.13
Change in Working Capital	-77	25	55	-8	5

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