ZIGExN Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	5,946	5,657	5,430	4,199	3,309
Depreciation & Amortization	1,672	1,395	1,274	1,025	930
Other Operating Activities	-1,669	-987	-1,902	-853	-817
Change in Accounts Receivable	-1,010	-623	-931	-567	32
Change in Accounts Payable	508	540	1,212	493	306
Change in Other Net Operating Assets	-1,197	1,349	1,758	1,409	87
Operating Cash Flow	4,250	7,331	6,841	5,706	3,847
Operating Cash Flow Growth	-42.03%	7.16%	19.89%	48.32%	49.86%
Capital Expenditures	-132	-160	-76	-88	-36
Cash Acquisitions	-2,439	-1,027	-61	-3,646	-
Sale (Purchase) of Intangibles	-1,126	-1,147	-790	-935	-817
Investment in Securities	-	-169	-	-	-
Other Investing Activities	-128	54	-34	68	-430
Investing Cash Flow	-3,825	-2,449	-961	-4,601	-1,283
Short-Term Debt Issued	-	200	300	500	-
Long-Term Debt Issued	2,400	1,300	900	3,474	-
Total Debt Issued	2,400	1,500	1,200	3,974	-
Short-Term Debt Repaid	-45	-	-	-	-
Long-Term Debt Repaid	-2,081	-1,872	-2,875	-1,510	-637
Total Debt Repaid	-2,126	-1,872	-2,875	-1,510	-637
Net Debt Issued (Repaid)	274	-372	-1,675	2,464	-637
Issuance of Common Stock	102	223	-	-	-
Repurchase of Common Stock	-688	-2,481	-	-1,403	-
Common Dividends Paid	-1,054	-676	-416	-378	-324
Other Financing Activities	-652	-532	-500	-416	-430
Financing Cash Flow	-2,018	-3,838	-2,591	267	-1,391
Foreign Exchange Rate Adjustments	19	10	-	-7	-5
Miscellaneous Cash Flow Adjustments	1	-	-1	-	-
Net Cash Flow	-1,573	1,054	3,288	1,365	1,168
Free Cash Flow	4,118	7,171	6,765	5,618	3,811
Free Cash Flow Growth	-42.57%	6.00%	20.42%	47.41%	49.98%
Free Cash Flow Margin	14.09%	28.18%	29.10%	30.03%	24.95%
Free Cash Flow Per Share	41.25	70.52	64.89	53.40	35.25
Cash Interest Paid	35	23	13	10	6
Cash Income Tax Paid	1,629	970	1,851	821	817
Levered Free Cash Flow	2,921	5,468	5,384	4,556	2,738
Unlevered Free Cash Flow	2,945	5,483	5,393	4,562	2,742
Change in Working Capital	-1,699	1,266	2,039	1,335	425

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