m-up holdings 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	4,297	3,238	2,798	2,068	1,711	1,120
Depreciation & Amortization	230	366	514	494	374	362
Loss (Gain) From Sale of Assets	217	224	68	-	6	48
Loss (Gain) From Sale of Investments	409	648	-4	23	-13	-21
Other Operating Activities	-1,651	-1,359	-974	-563	-954	-561
Change in Accounts Receivable	-1,190	298	-694	83	-518	132
Change in Inventory	-	-	-14	-8	17	-14
Change in Accounts Payable	984	1,382	1,493	159	1,108	111
Change in Other Net Operating Assets	1,065	685	-195	-799	838	798
Operating Cash Flow	4,361	5,482	2,992	1,457	2,569	1,975
Operating Cash Flow Growth	-8.15%	83.22%	105.35%	-43.29%	30.08%	1442.97%
Capital Expenditures	-366	-368	-171	-5	-409	-51
Sale of Property, Plant & Equipment	210	224	1	-	14	-
Sale (Purchase) of Intangibles	-151	-114	-9	-635	-148	-52
Investment in Securities	-1,519	-934	-312	-533	237	-1,567
Other Investing Activities	16	28	-125	-	-3	11
Investing Cash Flow	-1,801	-1,151	-604	-1,069	-459	-1,656
Issuance of Common Stock	-	-	-	-	9	1
Repurchase of Common Stock	-599	-351	-239	-	-	-204
Common Dividends Paid	-641	-485	-360	-252	-207	-200
Other Financing Activities	100	53	13	103	7	-
Financing Cash Flow	-1,140	-783	-586	-149	-191	-403
Foreign Exchange Rate Adjustments	-	-	-	-1	3	-
Miscellaneous Cash Flow Adjustments	1	-1	-1	-2	-1	-
Net Cash Flow	1,421	3,547	1,801	236	1,921	-84
Free Cash Flow	3,995	5,114	2,821	1,452	2,160	1,924
Free Cash Flow Growth	-14.10%	81.28%	94.28%	-32.78%	12.27%	-
Free Cash Flow Margin	13.96%	19.84%	15.19%	9.11%	15.91%	15.61%
Free Cash Flow Per Share	56.11	71.55	39.09	20.08	29.88	26.41
Cash Income Tax Paid	1,668	1,369	976	566	956	562
Levered Free Cash Flow	3,424	4,608	3,079	972.88	1,836	2,682
Unlevered Free Cash Flow	3,424	4,608	3,079	972.88	1,836	2,682
Change in Working Capital	859	2,365	590	-565	1,445	1,027

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