Applied 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	Sep '25 Sep 30, 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	3,222	2,686	1,908	1,633	2,272	2,397
Depreciation & Amortization	186	182	193	189	199	184
Loss (Gain) From Sale of Assets	2	2	220	119	97	-
Other Operating Activities	-805	-696	-206	-535	-668	-856
Change in Accounts Receivable	-329	226	-1,240	-604	-1,150	-447
Change in Inventory	-146	1	337	-259	-52	127
Change in Accounts Payable	767	439	-34	379	70	109
Change in Other Net Operating Assets	656	105	249	909	228	-167
Operating Cash Flow	3,553	2,945	1,427	1,831	996	1,347
Operating Cash Flow Growth	47.55%	106.38%	-22.06%	83.84%	-26.06%	-30.82%
Capital Expenditures	-313	-245	-289	-291	-238	-255
Sale of Property, Plant & Equipment	66	-	-	-	-	-
Sale (Purchase) of Intangibles	-	-	-	-8	-	-
Investment in Securities	-860	-360	-31	-396	-388	-386
Other Investing Activities	9	1	4	-15	20	-9
Investing Cash Flow	-1,098	-604	-316	-710	-606	-650
Long-Term Debt Repaid	-	-254	-411	-540	-596	-603
Total Debt Repaid	-148	-254	-411	-540	-596	-603
Net Debt Issued (Repaid)	-148	-254	-411	-540	-596	-603
Issuance of Common Stock	-	-	-	-	-	571
Common Dividends Paid	-271	-243	-216	-229	-216	-181
Other Financing Activities	-	-1	-1	-2	-4	-2
Financing Cash Flow	-419	-498	-628	-771	-816	-215
Miscellaneous Cash Flow Adjustments	-1	-1	-1	-	-	-1
Net Cash Flow	2,035	1,842	482	350	-426	481
Free Cash Flow	3,240	2,700	1,138	1,540	758	1,092
Free Cash Flow Growth	47.34%	137.26%	-26.10%	103.17%	-30.59%	-37.85%
Free Cash Flow Margin	6.70%	5.71%	2.66%	3.99%	1.72%	2.75%
Free Cash Flow Per Share	1198.71	998.90	421.00	569.72	280.42	413.23
Cash Interest Paid	5	4	4	6	10	13
Cash Income Tax Paid	803	697	205	534	665	852
Levered Free Cash Flow	3,048	2,449	887.63	1,133	2,746	1,113
Unlevered Free Cash Flow	3,051	2,451	890.13	1,137	2,752	1,121
Change in Working Capital	948	771	-688	425	-904	-378

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.