Toyokumo Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,162	427.04	286.81
Depreciation & Amortization	16	17.42	23.11
Provision & Write-off of Bad Debts	-	0.67	0.36
Other Operating Activities	-262	30.97	17.93
Change in Accounts Receivable	-50	-15.4	-8.71
Change in Accounts Payable	129	47.81	36.88
Change in Unearned Revenue	-	114.53	121.74
Change in Other Net Operating Assets	342	27.11	-34.73
Operating Cash Flow	1,337	650.14	443.37
Operating Cash Flow Growth	105.65%	46.64%	-
Capital Expenditures	-6	-4.66	-76.04
Sale (Purchase) of Intangibles	-63	-	-
Other Investing Activities	-1	-	-86.42
Investing Cash Flow	-70	-4.66	-162.46
Issuance of Common Stock	-	-	0.6
Repurchase of Common Stock	-	-200.14	-0.13
Common Dividends Paid	-	-50.68	-
Dividends Paid	-108	-50.68	-
Other Financing Activities	1	-0	-0
Financing Cash Flow	-107	-250.82	0.47
Miscellaneous Cash Flow Adjustments	-2	-0	-
Net Cash Flow	1,158	394.66	281.37
Free Cash Flow	1,331	645.48	367.32
Free Cash Flow Growth	106.20%	75.72%	-
Free Cash Flow Margin	42.31%	33.32%	23.30%
Free Cash Flow Per Share	122.00	58.97	33.44
Cash Income Tax Paid	265	181.34	116.8
Levered Free Cash Flow	-	618.62	-
Unlevered Free Cash Flow	-	618.62	-
Change in Working Capital	421	174.05	115.17

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