FLECT Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	1,142	1,081	751	254	239
Depreciation & Amortization	70	93	113	84	74
Loss (Gain) From Sale of Investments	102	-	-	-	-
Other Operating Activities	-345	-456	-34	-75	6
Change in Accounts Receivable	-519	430	-627	-611	-202
Change in Inventory	1	-4	22	3	-37
Change in Accounts Payable	-75	-159	182	42	151
Change in Other Net Operating Assets	-46	-90	193	-3	-70
Operating Cash Flow	330	895	600	-306	161
Operating Cash Flow Growth	-63.13%	49.17%	-	-	-
Capital Expenditures	-108	-61	-105	-101	-36
Cash Acquisitions	-	-53	-	-	-
Divestitures	-	61	-	-	-
Sale (Purchase) of Intangibles	-	-35	-31	-40	-28
Investment in Securities	-	-1	-	-	-
Other Investing Activities	39	-199	-13	6	-37
Investing Cash Flow	-69	-288	-149	-135	-101
Long-Term Debt Repaid	-67	-67	-47	-58	-72
Net Debt Issued (Repaid)	-67	-67	-47	-58	-72
Issuance of Common Stock	15	110	17	16	765
Repurchase of Common Stock	-1,199	-96	-	-	-
Other Financing Activities	-	-1	-	-	-11
Financing Cash Flow	-1,251	-54	-30	-42	682
Miscellaneous Cash Flow Adjustments	-1	-	-1	-1	-
Net Cash Flow	-991	553	420	-484	742
Free Cash Flow	222	834	495	-407	125
Free Cash Flow Growth	-73.38%	68.48%	-	-	-
Free Cash Flow Margin	2.69%	10.49%	7.14%	-7.67%	3.43%
Free Cash Flow Per Share	35.28	130.64	155.14	-128.59	42.23
Cash Interest Paid	5	7	6	3	4
Cash Income Tax Paid	345	453	36	77	-5
Levered Free Cash Flow	219.38	586.75	556.38	-523.63	68.5
Unlevered Free Cash Flow	222.5	591.75	560.13	-521.75	71
Change in Working Capital	-639	177	-230	-569	-158

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