Kurashiru 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
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023
Net Income	1,995	1,692	1,483	1,315
Depreciation & Amortization	192.08	187.12	196.79	87.38
Other Amortization	2.67	2.67	-	-
Loss (Gain) From Sale of Assets	0.27	0.27	0.39	-
Asset Writedown & Restructuring Costs	-	-	-	196.79
Loss (Gain) From Sale of Investments	10.2	10.2	-	-
Other Operating Activities	-25.38	146.5	-353.9	556.52
Change in Accounts Receivable	-639.63	-607.5	-295.87	50.57
Change in Inventory	-1.17	-0.13	-1.69	-0.83
Change in Accounts Payable	300.39	220.61	125.36	-171.72
Change in Unearned Revenue	5.59	-5.3	3.47	-12.48
Change in Income Taxes	104.59	65.88	-	-
Change in Other Net Operating Assets	508.01	402.54	248.97	6.42
Operating Cash Flow	2,458	2,114	1,406	2,028
Operating Cash Flow Growth	21.18%	50.38%	-30.67%	-
Capital Expenditures	-78.75	-66.95	-20.8	-27.85
Sale (Purchase) of Intangibles	-11.65	-6.64	-9.9	-
Investment in Securities	-203.64	-188.32	-	50.01
Other Investing Activities	-51.52	-52.34	118.16	-847.08
Investing Cash Flow	-345.55	-314.25	87.46	-824.91
Issuance of Common Stock	85.27	0.9	-	5.6
Financing Cash Flow	83.83	0.9	-	5.6
Miscellaneous Cash Flow Adjustments	-0	-	0	-0
Net Cash Flow	2,196	1,801	1,494	1,209
Free Cash Flow	2,379	2,047	1,385	2,000
Free Cash Flow Growth	18.93%	47.80%	-30.75%	-
Free Cash Flow Margin	15.75%	15.63%	14.00%	28.69%
Free Cash Flow Per Share	51.31	45.87	33.53	48.42
Cash Interest Paid	0.23	-	-	0.99
Cash Income Tax Paid	1,049	921.51	1,192	-1.37
Levered Free Cash Flow	-	2,079	1,378	-
Unlevered Free Cash Flow	-	2,079	1,378	-
Change in Working Capital	277.76	76.1	80.23	-128.03

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