Densan System Holdings Co., Ltd. (TYO:4072)
Japan · Delayed Price · Currency is JPY 3,160.00
+65.00 (2.10%)
Aug 14, 2026, 3:30 PM JST
Densan System Holdings Cash Flow Statement
Financials in millions JPY. Fiscal year is January - December.
Millions JPY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | 3,960 | 3,711 | 2,626 | 3,167 | 3,258 | 3,081 |
Depreciation & Amortization | 859 | 829 | 896 | 833 | 797 | 749 |
Loss (Gain) From Sale of Assets | 4 | 2 | 460 | 417 | -38 | 30 |
Loss (Gain) From Sale of Investments | 302 | 116 | -549 | 429 | 122 | 103 |
Loss (Gain) on Equity Investments | -23 | 24 | 16 | 13 | -133 | - |
Other Operating Activities | -370 | -677 | -1,457 | -1,162 | -1,240 | -1,344 |
Change in Accounts Receivable | -185 | -77 | -952 | 269 | -1,748 | -1,150 |
Change in Inventory | -434 | -64 | -154 | 449 | -676 | 842 |
Change in Accounts Payable | 1,028 | 1,851 | 1,011 | -485 | 1,202 | 28 |
Change in Other Net Operating Assets | -132 | -1,550 | 1,124 | 1,576 | 363 | 189 |
Operating Cash Flow | 5,048 | 4,165 | 3,021 | 5,506 | 1,907 | 2,528 |
Operating Cash Flow Growth | 110.60% | 37.87% | -45.13% | 188.73% | -24.57% | -7.40% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Capital Expenditures | -200 | -229 | -295 | -357 | -297 | -356 |
Sale of Property, Plant & Equipment | 4 | 3 | 9 | 8 | - | - |
Cash Acquisitions | -225 | -225 | - | - | -1,031 | -658 |
Divestitures | -27 | -27 | - | - | - | - |
Sale (Purchase) of Intangibles | -763 | -403 | -328 | -466 | -236 | -256 |
Investment in Securities | -586 | -138 | 799 | -23 | -151 | 2 |
Other Investing Activities | 159 | 164 | 54 | -14 | -3 | 42 |
Investing Cash Flow | -1,638 | -855 | 239 | -852 | -1,718 | -1,226 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Long-Term Debt Issued | - | - | - | 600 | 948 | - |
Total Debt Issued | -4,610 | - | - | 600 | 948 | - |
Short-Term Debt Repaid | - | - | - | - | -47 | -6 |
Long-Term Debt Repaid | - | -319 | -452 | -557 | -505 | -406 |
Total Debt Repaid | -264 | -319 | -452 | -557 | -552 | -412 |
Net Debt Issued (Repaid) | -4,874 | -319 | -452 | 43 | 396 | -412 |
Issuance of Common Stock | 131 | 129 | 108 | 55 | - | - |
Repurchase of Common Stock | - | - | - | -599 | - | - |
Common Dividends Paid | -971 | -863 | -421 | -388 | -399 | -304 |
Other Financing Activities | - | - | - | -52 | -2 | -3 |
Financing Cash Flow | -5,714 | -1,053 | -765 | -941 | -5 | -719 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | 2 | - | 12 | -1 | -6 | - |
Miscellaneous Cash Flow Adjustments | -1 | -1 | 1 | -1 | -1 | -1 |
Net Cash Flow | -2,303 | 2,256 | 2,508 | 3,711 | 177 | 582 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 4,848 | 3,936 | 2,726 | 5,149 | 1,610 | 2,172 |
Free Cash Flow Growth | 126.86% | 44.39% | -47.06% | 219.81% | -25.87% | 7.15% |
Free Cash Flow Margin | 6.85% | 5.78% | 4.45% | 8.64% | 3.01% | 4.31% |
Free Cash Flow Per Share | 451.76 | 368.28 | 256.14 | 482.19 | 149.24 | 201.39 |
Levered Free Cash Flow | 4,086 | 3,987 | 3,412 | 4,145 | 70.13 | 1,432 |
Unlevered Free Cash Flow | 4,099 | 4,001 | 3,421 | 4,152 | 75.75 | 1,436 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Cash Interest Paid | 19 | 22 | 14 | 11 | 9 | 5 |
Cash Income Tax Paid | 567 | 748 | 1,359 | 1,169 | 1,035 | 1,345 |
Change in Working Capital | 316 | 160 | 1,029 | 1,809 | -859 | -91 |