Systems Design 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	604	454	532	596	353
Depreciation & Amortization	82	107	110	111	109
Loss (Gain) From Sale of Assets	-	-	1	8	-
Loss (Gain) From Sale of Investments	-5	15	-	-	-
Other Operating Activities	-130	-170	-150	-75	-104
Change in Accounts Receivable	29	-167	253	-141	-126
Change in Inventory	2	-1	-6	-12	18
Change in Accounts Payable	-11	13	46	47	24
Change in Other Net Operating Assets	159	-129	73	28	-45
Operating Cash Flow	730	122	859	562	229
Operating Cash Flow Growth	498.36%	-85.80%	52.85%	145.41%	-49.45%
Capital Expenditures	-2	-128	-5	-12	-38
Sale of Property, Plant & Equipment	-	22	-	21	-
Sale (Purchase) of Intangibles	-10	-	-5	-13	-
Investment in Securities	-114	-49	-36	-10	-
Other Investing Activities	-91	-116	-250	-74	-53
Investing Cash Flow	-217	-271	-396	-88	-91
Common Dividends Paid	-153	-136	-81	-51	-44
Other Financing Activities	-6	-5	-3	-3	-5
Financing Cash Flow	-159	-141	-84	-54	-49
Miscellaneous Cash Flow Adjustments	-1	1	-	-1	-1
Net Cash Flow	353	-289	379	419	88
Free Cash Flow	728	-6	854	550	191
Free Cash Flow Growth	-	-	55.27%	187.96%	-57.46%
Free Cash Flow Margin	7.29%	-0.06%	9.03%	5.85%	2.29%
Free Cash Flow Per Share	212.96	-1.76	250.44	161.43	56.08
Cash Income Tax Paid	144	182	187	90	121
Levered Free Cash Flow	772.88	-114.63	783.5	452.13	105.38
Unlevered Free Cash Flow	772.88	-114.63	783.5	452.13	105.38
Change in Working Capital	179	-284	366	-78	-129

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