System Integrator Cash Flow Statement

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2025	FY 2010	FY 2009	FY 2008	FY 2007
Period Ending	Feb '25 Feb 28, 2025	Feb '10 Feb 28, 2010	Feb '09 Feb 28, 2009	Feb '08 Feb 29, 2008	Feb '07 Feb 28, 2007
Net Income	835	-19.85	0.31	135.5	108.1
Depreciation & Amortization	149	24.57	27.24	25.5	81.26
Other Amortization	-	87.84	95.33	91.71	7.57
Loss (Gain) From Sale of Assets	14	-	0.02	-	0.03
Asset Writedown & Restructuring Costs	-	-	-	6.67	-
Loss (Gain) From Sale of Investments	-547	0.97	-	7.5	-1.19
Loss (Gain) on Equity Investments	-31	-	-	-	-
Other Operating Activities	-478	39.61	-90.24	-16.34	0.07
Change in Accounts Receivable	-287	186.99	22.53	-6.83	-207.96
Change in Inventory	-25	-3.57	83.98	10.33	-123.02
Change in Accounts Payable	-29	-38.9	-5.88	32.64	-14.92
Change in Other Net Operating Assets	39	8.92	-12.09	29.65	39.11
Operating Cash Flow	-360	286.58	121.21	316.32	-110.95
Operating Cash Flow Growth	-	136.43%	-61.68%	-	-
Capital Expenditures	-97	-3.28	-1.81	-7.31	-7.02
Sale of Property, Plant & Equipment	4	-	-	-	-
Divestitures	666	-	-	-	-
Sale (Purchase) of Intangibles	-113	-55.57	-147.51	-278.17	-105.47
Investment in Securities	-509	-	-	-	5.77
Other Investing Activities	-20	-5.65	-0	-3.8	-6.5
Investing Cash Flow	-69	-64.5	-149.32	-289.28	-113.23
Issuance of Common Stock	-	-	-	2.66	671.13
Common Dividends Paid	-131	-0.08	-28.41	-25.31	-
Financing Cash Flow	-131	-0.08	-28.41	-22.65	671.13
Foreign Exchange Rate Adjustments	1	-	-	-	-
Miscellaneous Cash Flow Adjustments	28	-	-	-0	-
Net Cash Flow	-531	222	-56.52	4.39	446.96
Free Cash Flow	-457	283.3	119.41	309.01	-117.97
Free Cash Flow Growth	-	137.26%	-61.36%	-	-
Free Cash Flow Margin	-9.59%	16.62%	5.95%	15.19%	-8.33%
Free Cash Flow Per Share	-41.86	26.93	10.92	28.09	-12.70
Cash Income Tax Paid	477	-48.8	103.02	109.79	87.51
Levered Free Cash Flow	-	230.46	-57.11	-56	-76.12
Unlevered Free Cash Flow	-	230.46	-57.11	-56	-76.12
Change in Working Capital	-302	153.44	88.55	65.8	-306.79

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