Techno Mathematical 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	106	-282	-141	-43	-68
Depreciation & Amortization	6	8	7	5	3
Loss (Gain) From Sale of Investments	-53	-11	-8	-3	-
Other Operating Activities	-2	-3	-1	-1	-6
Change in Accounts Receivable	20	117	-134	120	-162
Change in Inventory	3	-9	-	-3	-1
Change in Accounts Payable	29	-13	1	1	14
Change in Other Net Operating Assets	-4	-9	4	-6	-10
Operating Cash Flow	105	-202	-272	70	-230
Capital Expenditures	-	-2	-4	-3	-1
Sale (Purchase) of Intangibles	-	-	-	-	-10
Investment in Securities	4	6	3	3	-40
Other Investing Activities	-3	-4	-	-3	-3
Investing Cash Flow	1	-	-1	-3	-54
Foreign Exchange Rate Adjustments	10	-6	8	9	5
Miscellaneous Cash Flow Adjustments	1	-	-	1	-
Net Cash Flow	117	-208	-265	77	-279
Free Cash Flow	105	-204	-276	67	-231
Free Cash Flow Margin	15.33%	-49.04%	-52.37%	11.19%	-40.60%
Free Cash Flow Per Share	40.49	-78.67	-106.44	25.84	-89.09
Cash Income Tax Paid	3	2	2	-	4
Levered Free Cash Flow	110.13	-94.38	-214.13	97.88	-212.25
Unlevered Free Cash Flow	110.13	-94.38	-214.13	97.88	-212.25
Change in Working Capital	48	86	-129	112	-159

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