ValueCommerce Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Mar '25 Mar 31, 2025	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	2015 - 2019
Net Income	2,995	4,114	5,041	8,319	5,449	6,256	Upgrade
Depreciation & Amortization	450	433	473	467	793	1,062	Upgrade
Loss (Gain) From Sale of Assets	-	-	144	-	2,406	16	Upgrade
Loss (Gain) From Sale of Investments	82	7	31	-	-	-	Upgrade
Loss (Gain) on Equity Investments	17	-	-	-	-	-	Upgrade
Other Operating Activities	18	-975	-2,690	-2,462	-2,485	-1,723	Upgrade
Change in Accounts Receivable	-354	-446	527	747	-605	-129	Upgrade
Change in Accounts Payable	345	666	-464	-9	37	313	Upgrade
Change in Other Net Operating Assets	-169	-338	437	-288	-198	99	Upgrade
Operating Cash Flow	3,411	3,461	3,499	6,774	5,397	5,894	Upgrade
Operating Cash Flow Growth	-19.67%	-1.09%	-48.35%	25.51%	-8.43%	45.86%	Upgrade
Capital Expenditures	-91	-90	-35	-28	-136	-52	Upgrade
Cash Acquisitions	-326	-	-	-	-	-537	Upgrade
Divestitures	-	-	-	-	-	14	Upgrade
Sale (Purchase) of Intangibles	-366	-347	-390	-315	-277	-683	Upgrade
Investment in Securities	-505	-148	-8	-66	-	-32	Upgrade
Other Investing Activities	-2	-123	29	42	447	84	Upgrade
Investing Cash Flow	-1,290	-708	-404	-367	34	-1,206	Upgrade
Net Debt Issued (Repaid)	-6	-	-	-	-	-	Upgrade
Issuance of Common Stock	-	-	1	4	4	2	Upgrade
Repurchase of Common Stock	-11,063	-11,063	-	-	-	-	Upgrade
Dividends Paid	-1,227	-1,441	-1,740	-1,717	-1,352	-1,126	Upgrade
Other Financing Activities	-1	-7	-6	-7	-7	-4	Upgrade
Financing Cash Flow	-12,297	-12,511	-1,745	-1,720	-1,355	-1,128	Upgrade
Miscellaneous Cash Flow Adjustments	-	-	-1	-1	-	-1	Upgrade
Net Cash Flow	-10,176	-9,758	1,349	4,686	4,076	3,559	Upgrade
Free Cash Flow	3,320	3,371	3,464	6,746	5,261	5,842	Upgrade
Free Cash Flow Growth	-21.35%	-2.69%	-48.65%	28.23%	-9.95%	47.41%	Upgrade
Free Cash Flow Margin	10.73%	11.09%	11.78%	18.89%	15.68%	20.03%	Upgrade
Free Cash Flow Per Share	147.22	133.66	107.11	208.57	162.70	180.68	Upgrade
Cash Income Tax Paid	1,287	977	2,692	2,462	2,485	1,724	Upgrade
Levered Free Cash Flow	2,244	2,730	2,618	5,877	4,749	4,731	Upgrade
Unlevered Free Cash Flow	2,244	2,730	2,618	5,877	4,749	4,731	Upgrade
Change in Net Working Capital	212	-133	699	-597	572	-518	Upgrade

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