WILL,Co.,Ltd. Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-	1,019	730	867	876
Depreciation & Amortization	-	128	127	119	113
Loss (Gain) From Sale of Investments	-	-	-	-	-73
Other Operating Activities	-	-253	-345	-329	-274
Change in Accounts Receivable	-	-208	-91	-91	-27
Change in Inventory	-	-1,023	279	-1,061	-1,231
Change in Accounts Payable	-	173	66	70	224
Change in Other Net Operating Assets	-	-271	348	-37	-9
Operating Cash Flow	-	-435	1,114	-462	-401
Capital Expenditures	-	-156	-79	-496	-1,625
Sale of Property, Plant & Equipment	-	-	6	-	-
Divestitures	-	-	-	-	7
Sale (Purchase) of Intangibles	-	-4	-17	-15	-27
Other Investing Activities	-	2	3	3	4
Investing Cash Flow	-	-158	-87	-508	-1,641
Short-Term Debt Issued	-	1,510	-	-	1,095
Long-Term Debt Issued	-	928	2,354	2,283	1,781
Total Debt Issued	-	2,438	2,354	2,283	2,876
Short-Term Debt Repaid	-	-	-1,000	-464	-
Long-Term Debt Repaid	-	-2,148	-1,045	-907	-1,035
Total Debt Repaid	-	-2,148	-2,045	-1,371	-1,035
Net Debt Issued (Repaid)	-	290	309	912	1,841
Common Dividends Paid	-	-228	-176	-175	-153
Other Financing Activities	-	29	15	5	-3
Financing Cash Flow	-	91	148	742	1,685
Net Cash Flow	-	-502	1,175	-228	-357
Free Cash Flow	-	-591	1,035	-958	-2,026
Free Cash Flow Margin	-	-4.47%	8.96%	-10.12%	-23.34%
Free Cash Flow Per Share	-	-51.42	90.55	-84.19	-178.08
Cash Interest Paid	-	89	74	73	59
Cash Income Tax Paid	-	246	339	309	263
Levered Free Cash Flow	-	-574.25	1,114	-1,117	-2,028
Unlevered Free Cash Flow	-	-534.25	1,149	-1,088	-2,002
Change in Working Capital	-	-1,329	602	-1,119	-1,043

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