Uniform Next 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	769	467	514	409	356
Depreciation & Amortization	75	100	78	70	70
Loss (Gain) From Sale of Assets	179	-	-	-	-
Other Operating Activities	-137	-171	-145	-127	-120
Change in Accounts Receivable	-21	-47	-17	-77	-26
Change in Inventory	-650	116	-275	-2	-101
Change in Accounts Payable	-113	161	38	127	28
Change in Other Net Operating Assets	-200	102	-58	8	46
Operating Cash Flow	-98	728	135	408	253
Operating Cash Flow Growth	-	439.26%	-66.91%	61.27%	-8.33%
Capital Expenditures	-77	-11	-763	-16	-13
Sale of Property, Plant & Equipment	-	-	-	3	-
Sale (Purchase) of Intangibles	-2	-2	-1	-2	-8
Investment in Securities	-	-	-5	-	-
Other Investing Activities	186	-1	-	-1	-1
Investing Cash Flow	107	-14	-769	-16	-22
Long-Term Debt Issued	-	500	-	-	-
Long-Term Debt Repaid	-100	-92	-26	-96	-104
Net Debt Issued (Repaid)	-100	408	-26	-96	-104
Common Dividends Paid	-35	-39	-24	-24	-24
Other Financing Activities	-	-1	-1	-1	-1
Financing Cash Flow	-135	368	-51	-121	-129
Miscellaneous Cash Flow Adjustments	1	-	-1	-2	-1
Net Cash Flow	-125	1,082	-686	269	101
Free Cash Flow	-175	717	-628	392	240
Free Cash Flow Growth	-	-	-	63.33%	-11.77%
Free Cash Flow Margin	-1.78%	8.54%	-8.43%	6.19%	4.69%
Free Cash Flow Per Share	-17.31	71.68	-62.37	156.23	95.68
Cash Interest Paid	2	2	-	-	-
Cash Income Tax Paid	137	173	143	127	118
Levered Free Cash Flow	-228	648.13	-669.75	374.25	209.88
Unlevered Free Cash Flow	-226.75	649.38	-669.75	374.25	209.88
Change in Working Capital	-984	332	-312	56	-53

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