Sun* Inc. Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	476	1,422	2,107	1,076	1,562
Depreciation & Amortization	207	208	193	137	78
Loss (Gain) From Sale of Assets	-	-	-55	-	-
Loss (Gain) From Sale of Investments	94	32	174	48	6
Other Operating Activities	-20	-401	-347	-316	-136
Change in Accounts Receivable	-155	-214	-256	-175	-262
Change in Inventory	-36	2	-1	36	-53
Change in Accounts Payable	321	132	179	118	-7
Change in Unearned Revenue	130	-	-	-	-
Change in Other Net Operating Assets	337	-171	-111	-117	-1
Operating Cash Flow	1,354	1,010	1,883	807	1,187
Operating Cash Flow Growth	34.06%	-46.36%	133.33%	-32.01%	37.70%
Capital Expenditures	-65	-76	-95	-177	-51
Cash Acquisitions	305	-	-	-	-275
Sale (Purchase) of Intangibles	-	-	55	-	-
Investment in Securities	-120	-144	-228	-922	-1,071
Other Investing Activities	-654	-40	-58	-188	10
Investing Cash Flow	-534	-260	-326	-1,287	-1,387
Short-Term Debt Issued	-	1,250	-	180	-
Long-Term Debt Issued	1,250	-	-	-	-
Total Debt Issued	1,250	1,250	-	180	-
Short-Term Debt Repaid	-	-	-180	-	-30
Long-Term Debt Repaid	-2,120	-	-54	-259	-221
Total Debt Repaid	-2,120	-	-234	-259	-251
Net Debt Issued (Repaid)	-870	1,250	-234	-79	-251
Issuance of Common Stock	-	-	9	-	71
Repurchase of Common Stock	-200	-520	-	-	-
Other Financing Activities	100	-10	1	17	-
Financing Cash Flow	-970	720	-224	-62	-180
Foreign Exchange Rate Adjustments	624	114	14	96	43
Miscellaneous Cash Flow Adjustments	-	-	-1	-	1
Net Cash Flow	474	1,584	1,346	-446	-336
Free Cash Flow	1,289	934	1,788	630	1,136
Free Cash Flow Growth	38.01%	-47.76%	183.81%	-44.54%	37.03%
Free Cash Flow Margin	8.69%	6.88%	14.29%	5.86%	14.15%
Free Cash Flow Per Share	32.77	23.19	44.25	15.59	28.07
Cash Interest Paid	25	7	5	5	1
Cash Income Tax Paid	276	526	351	317	136
Levered Free Cash Flow	-	706.75	1,400	212	826.25
Unlevered Free Cash Flow	-	711.13	1,404	215.13	826.88
Change in Working Capital	597	-251	-189	-138	-323

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.