FINDEX Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	1,542	1,524	1,060	944	644
Depreciation & Amortization	290	257	254	307	380
Loss (Gain) From Sale of Assets	1	-	-	-	-
Loss (Gain) From Sale of Investments	-	-	-	-	-1
Other Operating Activities	-487	-400	-306	-222	-272
Change in Accounts Receivable	373	-562	-107	-511	-161
Change in Inventory	99	-23	-41	28	-173
Change in Accounts Payable	34	-79	-94	141	50
Change in Other Net Operating Assets	46	125	-73	63	75
Operating Cash Flow	1,898	842	693	750	542
Operating Cash Flow Growth	125.42%	21.50%	-7.60%	38.38%	-67.55%
Capital Expenditures	-31	-28	-73	-70	-34
Divestitures	-	-	-	1	-
Sale (Purchase) of Intangibles	-271	-254	-240	-199	-227
Investment in Securities	-2,118	-4	-	-158	201
Other Investing Activities	-14	-10	83	-67	-86
Investing Cash Flow	-2,434	-296	-230	-493	-146
Short-Term Debt Issued	-	-	100	20	-
Total Debt Issued	-	-	100	20	-
Short-Term Debt Repaid	-	-	-10	-	-
Total Debt Repaid	-	-	-10	-	-
Net Debt Issued (Repaid)	-	-	90	20	-
Issuance of Common Stock	-	-	-	-	4
Common Dividends Paid	-412	-270	-232	-206	-206
Other Financing Activities	-	-	-	3	1
Financing Cash Flow	-412	-270	-142	-183	-201
Miscellaneous Cash Flow Adjustments	-	-1	-79	-1	-1
Net Cash Flow	-948	275	242	73	194
Free Cash Flow	1,867	814	620	680	508
Free Cash Flow Growth	129.36%	31.29%	-8.82%	33.86%	-68.49%
Free Cash Flow Margin	31.96%	15.68%	13.65%	13.69%	12.69%
Free Cash Flow Per Share	72.75	31.75	24.20	26.55	19.84
Cash Income Tax Paid	488	395	369	224	272
Levered Free Cash Flow	1,409	430	252.13	399	239.5
Unlevered Free Cash Flow	1,409	430	252.13	399	239.5
Change in Working Capital	552	-539	-315	-279	-209

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