TYO:3920 Cash Flow Statement

Financials in millions JPY. Fiscal year is October - September.

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Net Income	410.71	293	139	-29	285
Depreciation & Amortization	37.3	54	56	52	67
Loss (Gain) From Sale of Assets	-1.31	-	-	-	-
Loss (Gain) From Sale of Investments	-	131	94	-	8
Loss (Gain) on Equity Investments	-	-18	-11	-13	12
Other Operating Activities	111.25	-90	51	-151	37
Change in Accounts Receivable	111.5	-20	-12	469	134
Change in Inventory	0.28	-4	12	-24	-
Change in Accounts Payable	-1.96	15	110	-9	-52
Change in Unearned Revenue	18.9	-	-	-	-
Change in Income Taxes	5.51	-	-	-	-
Change in Other Net Operating Assets	9.29	-7	-8	47	-45
Operating Cash Flow	701.47	354	431	342	446
Operating Cash Flow Growth	98.16%	-17.87%	26.02%	-23.32%	430.95%
Capital Expenditures	-5.14	-7	-5	-8	-1
Cash Acquisitions	-	-	-	-	-8
Divestitures	2.79	-	-	-	-
Sale (Purchase) of Intangibles	-95.68	-40	-27	-17	-24
Investment in Securities	-	95	-	-117	-231
Other Investing Activities	-27.47	116	-53	-64	-58
Investing Cash Flow	-125.5	164	-76	-199	-319
Short-Term Debt Issued	-	-	-	80	70
Total Debt Issued	-	-	-	80	70
Long-Term Debt Repaid	-50.02	-109	-116	-122	-122
Net Debt Issued (Repaid)	-50.02	-109	-116	-42	-52
Issuance of Common Stock	8.4	-	-	-	1
Common Dividends Paid	-45.51	-55	-22	-	-
Other Financing Activities	-0.93	-1	-1	-	1
Financing Cash Flow	-88.05	-165	-139	-42	-50
Miscellaneous Cash Flow Adjustments	-0	-1	-1	-	-1
Net Cash Flow	487.92	352	215	101	76
Free Cash Flow	696.33	347	426	334	445
Free Cash Flow Growth	100.67%	-18.55%	27.54%	-24.94%	436.14%
Free Cash Flow Margin	28.96%	15.89%	22.42%	22.25%	22.11%
Free Cash Flow Per Share	125.43	62.51	76.70	60.41	79.84
Cash Interest Paid	6.79	4	3	3	4
Cash Income Tax Paid	52.76	91	-48	150	-34
Levered Free Cash Flow	-	221.88	377.25	337.63	426
Unlevered Free Cash Flow	-	223.75	379.13	339.5	428.5
Change in Working Capital	143.51	-16	102	483	37

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