Recomm Cash Flow Statement

Financials in millions JPY. Fiscal year is October - September.

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Net Income	-112	-	-	-	457	153
Depreciation & Amortization	287	275	176	146	157	169
Loss (Gain) From Sale of Assets	-	-	-	-	-	281
Other Operating Activities	229	237	227	374	-57	-582
Change in Accounts Receivable	352	148	164	81	215	514
Change in Inventory	-179	-19	213	-224	-143	55
Change in Accounts Payable	-178	-8	-73	-148	-110	-268
Change in Other Net Operating Assets	-74	-161	134	-333	-266	300
Operating Cash Flow	325	472	841	-104	266	391
Operating Cash Flow Growth	-34.61%	-43.88%	-	-	-31.97%	207.87%
Capital Expenditures	-215	-212	-54	-42	-69	-18
Sale of Property, Plant & Equipment	1	-	-	3	-	-
Cash Acquisitions	-18	-18	-1,284	-1,079	-581	-194
Divestitures	-	-	-	-	-	-47
Investment in Securities	-256	-105	-	234	-	-1
Other Investing Activities	48	3	-10	41	114	18
Investing Cash Flow	-440	-332	-1,348	-843	-536	-242
Short-Term Debt Issued	-	382	449	697	-	200
Long-Term Debt Issued	-	-	1,210	800	800	100
Total Debt Issued	823	382	1,659	1,497	800	300
Short-Term Debt Repaid	-	-	-	-	-209	-
Long-Term Debt Repaid	-	-480	-621	-456	-623	-594
Total Debt Repaid	-577	-480	-621	-456	-832	-594
Net Debt Issued (Repaid)	246	-98	1,038	1,041	-32	-294
Issuance of Common Stock	3	3	-	-	3	16
Repurchase of Common Stock	-35	-35	-	-	-26	-
Common Dividends Paid	-91	-132	-126	-82	-	-172
Other Financing Activities	-192	-181	-96	-83	-207	-108
Financing Cash Flow	-69	-443	816	876	-262	-558
Foreign Exchange Rate Adjustments	26	8	39	19	245	38
Miscellaneous Cash Flow Adjustments	-	-	1	-27	1	-
Net Cash Flow	-158	-295	349	-79	-286	-371
Free Cash Flow	110	260	787	-146	197	373
Free Cash Flow Growth	-75.06%	-66.96%	-	-	-47.19%	239.09%
Free Cash Flow Margin	0.86%	1.99%	6.73%	-1.54%	2.21%	5.63%
Free Cash Flow Per Share	1.36	3.21	9.69	-1.80	2.42	4.57
Cash Interest Paid	93	91	45	39	45	17
Cash Income Tax Paid	151	165	103	116	1	630
Levered Free Cash Flow	-159.88	214.38	273.5	-925	-603.63	348
Unlevered Free Cash Flow	-104.25	266.88	304.75	-901.25	-584.25	358.63
Change in Working Capital	-79	-40	438	-624	-304	601

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