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
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	497	573	584	609
Depreciation & Amortization	185	179	173	100
Loss (Gain) From Sale of Assets	11	46	2	-
Loss (Gain) From Sale of Investments	80	-	-	-54
Loss (Gain) on Equity Investments	-	6	-2	-3
Other Operating Activities	-201	-288	-216	-247
Change in Accounts Receivable	12	-2	2	-32
Change in Accounts Payable	5	-1	1	5
Change in Other Net Operating Assets	-94	28	52	19
Operating Cash Flow	495	541	596	397
Operating Cash Flow Growth	-8.50%	-9.23%	50.13%	11.20%
Capital Expenditures	-15	-76	-14	-13
Cash Acquisitions	-	-	-581	-
Divestitures	-	-	-	-31
Sale (Purchase) of Intangibles	-27	-47	-83	-55
Investment in Securities	-137	-	-54	-193
Other Investing Activities	44	33	-5	-8
Investing Cash Flow	-135	-90	-737	-300
Common Dividends Paid	-133	-133	-176	-108
Other Financing Activities	-	-	-	-1
Financing Cash Flow	-133	-133	-176	-109
Foreign Exchange Rate Adjustments	-	-	-1	1
Miscellaneous Cash Flow Adjustments	-1	-1	-	1
Net Cash Flow	226	317	-318	-10
Free Cash Flow	480	465	582	384
Free Cash Flow Growth	3.23%	-20.10%	51.56%	39.64%
Free Cash Flow Margin	28.81%	26.71%	34.32%	29.49%
Free Cash Flow Per Share	136.05	131.79	164.96	108.84
Cash Income Tax Paid	225	290	198	245
Levered Free Cash Flow	436	345.5	455.25	287.63
Unlevered Free Cash Flow	436	345.5	455.25	287.63
Change in Working Capital	-77	25	55	-8

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