oRo Co., Ltd. Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	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	1,927	2,856	2,602	2,352	2,032	1,707
Depreciation & Amortization	348.62	358	342	310	288	112
Loss (Gain) From Sale of Assets	-7.18	-	-	-	-	5
Other Operating Activities	182.94	-683	-991	-813	-482	-464
Change in Accounts Receivable	32.4	22	410	-285	299	-419
Change in Inventory	-	-	-	-	-	243
Change in Accounts Payable	-22.01	35	26	58	-70	101
Change in Other Net Operating Assets	5.84	-98	126	-19	20	-115
Operating Cash Flow	2,003	2,490	2,515	1,603	2,087	1,170
Operating Cash Flow Growth	-10.89%	-0.99%	56.89%	-23.19%	78.38%	37.16%
Capital Expenditures	-28.93	-67	-52	-157	-1	-205
Sale (Purchase) of Intangibles	-114.24	-74	-40	-43	-28	-19
Investment in Securities	-28.69	-29	-18	-74	-2	-7
Other Investing Activities	-2.26	7	-19	-4	-3	-1
Investing Cash Flow	-174.12	-163	-129	-278	-34	-232
Issuance of Common Stock	274.83	-	-	-	-	-
Repurchase of Common Stock	-1,777	-500	-	-	-1,739	-
Common Dividends Paid	-561.39	-483	-322	-241	-166	-149
Other Financing Activities	-0	-200	-195	-195	-183	-20
Financing Cash Flow	-2,266	-1,183	-517	-436	-2,088	-169
Foreign Exchange Rate Adjustments	13.33	52	7	28	46	-
Miscellaneous Cash Flow Adjustments	-0	-1	-1	-1	-1	-1
Net Cash Flow	-423.45	1,195	1,875	916	10	768
Free Cash Flow	1,974	2,423	2,463	1,446	2,086	965
Free Cash Flow Growth	-9.84%	-1.62%	70.33%	-30.68%	116.17%	31.65%
Free Cash Flow Margin	24.39%	30.68%	35.02%	23.29%	37.72%	18.42%
Free Cash Flow Per Share	124.12	150.27	152.76	89.73	128.84	58.12
Cash Interest Paid	5.71	3	3	3	4	2
Cash Income Tax Paid	534.08	580	910	742	484	466
Levered Free Cash Flow	1,332	1,474	2,082	1,148	3,703	672.63
Unlevered Free Cash Flow	1,384	1,476	2,083	1,150	3,706	673.88
Change in Working Capital	-447.93	-41	562	-246	249	-190

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