Pro-Ship 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	3,096	2,515	1,880	1,872	2,313
Depreciation & Amortization	197	115	125	173	132
Loss (Gain) From Sale of Assets	47	-	-	-	1
Loss (Gain) From Sale of Investments	-38	-17	-19	-25	5
Other Operating Activities	-866	-502	-476	-841	-647
Change in Accounts Receivable	42	-564	-301	-104	361
Change in Inventory	-22	33	9	-17	-22
Change in Accounts Payable	110	-48	101	-34	146
Change in Other Net Operating Assets	199	-58	106	95	48
Operating Cash Flow	2,765	1,474	1,425	1,119	2,337
Operating Cash Flow Growth	87.59%	3.44%	27.35%	-52.12%	157.38%
Capital Expenditures	-42	-4	-15	-54	-28
Divestitures	-	-	-	42	-
Sale (Purchase) of Intangibles	-669	-270	-170	-119	-106
Investment in Securities	-1,674	-22	-32	-76	-
Other Investing Activities	-94	-20	-19	9	40
Investing Cash Flow	-2,479	-316	-236	-198	-94
Issuance of Common Stock	1,049	83	6	120	141
Repurchase of Common Stock	-	-	-	-5,326	-
Common Dividends Paid	-781	-614	-578	-775	-538
Other Financing Activities	-	-	1	1	1
Financing Cash Flow	268	-531	-571	-5,980	-396
Foreign Exchange Rate Adjustments	-	-	2	2	6
Miscellaneous Cash Flow Adjustments	1	-1	-1	-	-1
Net Cash Flow	555	626	619	-5,057	1,852
Free Cash Flow	2,723	1,470	1,410	1,065	2,309
Free Cash Flow Growth	85.24%	4.25%	32.39%	-53.88%	155.42%
Free Cash Flow Margin	32.52%	19.43%	20.70%	16.14%	34.52%
Free Cash Flow Per Share	106.74	59.36	57.22	39.31	74.17
Cash Income Tax Paid	866	492	473	841	650
Levered Free Cash Flow	1,694	985.13	970	557.38	1,965
Unlevered Free Cash Flow	1,694	985.13	970	557.38	1,965
Change in Working Capital	329	-637	-85	-60	533

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