Segue Group Cash Flow Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	1,132	1,015	1,165	710	938
Depreciation & Amortization	306	194	147	166	158
Loss (Gain) From Sale of Investments	-45	-	-63	-24	-65
Other Operating Activities	-293	-535	-205	-477	-190
Change in Accounts Receivable	-833	346	-235	97	-940
Change in Inventory	1,192	256	-721	-1,554	-181
Change in Accounts Payable	-156	-375	255	801	296
Change in Other Net Operating Assets	452	685	782	130	147
Operating Cash Flow	1,755	1,586	1,125	-151	163
Operating Cash Flow Growth	10.66%	40.98%	-	-	-78.55%
Capital Expenditures	-118	-228	-80	-111	-86
Cash Acquisitions	-1,421	-	-195	-	-
Divestitures	245	-	-	-	-
Sale (Purchase) of Intangibles	-44	-77	-13	-13	-11
Investment in Securities	173	-120	378	-131	-261
Other Investing Activities	174	-233	-6	1	-43
Investing Cash Flow	-991	-658	84	-254	-401
Short-Term Debt Issued	-	-	-	500	-
Long-Term Debt Issued	1,724	-	1,205	-	-
Total Debt Issued	1,724	-	1,205	500	-
Short-Term Debt Repaid	-22	-40	-461	-	-
Long-Term Debt Repaid	-375	-250	-150	-8	-8
Total Debt Repaid	-397	-290	-611	-8	-8
Net Debt Issued (Repaid)	1,327	-290	594	492	-8
Issuance of Common Stock	30	3	18	7	6
Repurchase of Common Stock	-1,278	-	-	-299	-100
Common Dividends Paid	-328	-369	-180	-182	-114
Other Financing Activities	-86	-13	21	-1	-
Financing Cash Flow	-335	-669	453	17	-216
Foreign Exchange Rate Adjustments	185	86	92	14	-
Miscellaneous Cash Flow Adjustments	-	-1	1	-	1
Net Cash Flow	614	344	1,755	-374	-453
Free Cash Flow	1,637	1,358	1,045	-262	77
Free Cash Flow Growth	20.54%	29.95%	-	-	-88.63%
Free Cash Flow Margin	8.75%	7.79%	7.67%	-2.18%	0.70%
Free Cash Flow Per Share	50.23	39.97	30.83	-7.52	2.20
Cash Interest Paid	24	15	6	-	-
Cash Income Tax Paid	293	537	207	479	189
Levered Free Cash Flow	1,523	1,346	1,102	-490.25	-0.13
Unlevered Free Cash Flow	1,538	1,356	1,106	-490.25	-0.13
Change in Working Capital	655	912	81	-526	-678

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