FLECT Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	1,081	751	254	239	-
Depreciation & Amortization	93	113	84	74	-
Other Operating Activities	-456	-34	-75	6	-
Change in Accounts Receivable	430	-627	-611	-202	-
Change in Inventory	-4	22	3	-37	-
Change in Accounts Payable	-159	182	42	151	-
Change in Other Net Operating Assets	-90	193	-3	-70	-
Operating Cash Flow	895	600	-306	161	-
Operating Cash Flow Growth	49.17%	-	-	-	-
Capital Expenditures	-61	-105	-101	-36	-
Cash Acquisitions	-53	-	-	-	-
Divestitures	61	-	-	-	-
Sale (Purchase) of Intangibles	-35	-31	-40	-28	-
Investment in Securities	-1	-	-	-	-
Other Investing Activities	-199	-13	6	-37	-
Investing Cash Flow	-288	-149	-135	-101	-
Long-Term Debt Repaid	-67	-47	-58	-72	-
Net Debt Issued (Repaid)	-67	-47	-58	-72	-
Issuance of Common Stock	110	17	16	765	-
Repurchase of Common Stock	-96	-	-	-	-
Other Financing Activities	-1	-	-	-11	-
Financing Cash Flow	-54	-30	-42	682	-
Miscellaneous Cash Flow Adjustments	-	-1	-1	-	-
Net Cash Flow	553	420	-484	742	-
Free Cash Flow	834	495	-407	125	-
Free Cash Flow Growth	68.48%	-	-	-	-
Free Cash Flow Margin	10.49%	7.14%	-7.67%	3.43%	-
Free Cash Flow Per Share	130.64	155.14	-128.59	42.23	-
Cash Interest Paid	7	6	3	4	-
Cash Income Tax Paid	453	36	77	-5	-
Levered Free Cash Flow	586.75	556.38	-523.63	68.5	-
Unlevered Free Cash Flow	591.75	560.13	-521.75	71	-
Change in Working Capital	177	-230	-569	-158	-

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