FTGroup Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	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	7,605	9,325	7,705	5,851	6,475	5,548
Depreciation & Amortization	541	731	1,677	3,799	7,544	4,433
Other Operating Activities	-2,946	-2,728	-2,968	-1,262	-1,324	-2,493
Change in Accounts Receivable	1,087	139	844	7,643	-2,680	-6,017
Change in Inventory	54	-1	-144	21	103	-156
Change in Accounts Payable	-133	374	-302	-854	765	1,350
Change in Other Net Operating Assets	168	-1,117	-761	-234	-9,270	-3,808
Operating Cash Flow	6,376	6,723	6,051	14,964	1,613	-1,143
Operating Cash Flow Growth	-1.45%	11.11%	-59.56%	827.71%	-	-
Capital Expenditures	-574	-451	-204	-196	-569	-623
Sale of Property, Plant & Equipment	10	2	3	6	7	23
Divestitures	29	1,496	-	-	2,252	803
Investment in Securities	-6,449	-5,985	483	-	252	32
Other Investing Activities	225	259	119	202	153	94
Investing Cash Flow	-6,719	-4,627	606	52	2,156	456
Short-Term Debt Issued	-	-	-	-	-	7,207
Long-Term Debt Issued	-	700	500	1,550	870	2,330
Total Debt Issued	200	700	500	1,550	870	9,537
Short-Term Debt Repaid	-	-	-100	-2,900	-3,957	-
Long-Term Debt Repaid	-	-742	-2,107	-2,530	-3,250	-2,011
Total Debt Repaid	-913	-742	-2,207	-5,430	-7,207	-2,011
Net Debt Issued (Repaid)	-713	-42	-1,707	-3,880	-6,337	7,526
Repurchase of Common Stock	-134	-499	-499	-599	-	-878
Common Dividends Paid	-1,631	-1,663	-1,668	-1,698	-1,949	-1,978
Other Financing Activities	-	-1	-2	-2	-	-59
Financing Cash Flow	-2,478	-2,205	-3,876	-6,179	-8,286	4,611
Miscellaneous Cash Flow Adjustments	1	-	-1	-1	51	-51
Net Cash Flow	-2,820	-109	2,780	8,836	-4,466	3,873
Free Cash Flow	5,802	6,272	5,847	14,768	1,044	-1,766
Free Cash Flow Growth	-7.80%	7.27%	-60.41%	1314.56%	-	-
Free Cash Flow Margin	17.97%	18.11%	16.03%	36.29%	2.31%	-4.27%
Free Cash Flow Per Share	195.11	209.01	192.57	477.31	33.51	-54.87
Cash Interest Paid	36	32	30	44	89	81
Cash Income Tax Paid	2,944	2,732	2,966	1,259	1,223	2,386
Levered Free Cash Flow	1,339	6,305	5,658	15,750	4,829	3,267
Unlevered Free Cash Flow	1,361	6,325	5,676	15,778	4,884	3,318
Change in Working Capital	1,176	-605	-363	6,576	-11,082	-8,631

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