Valtes Holdings Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	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	839	914	820	981	580	347
Depreciation & Amortization	277	241	192	107	56	44
Loss (Gain) From Sale of Assets	-	-	-	1	-	-
Loss (Gain) From Sale of Investments	62	30	30	-	-	-
Other Operating Activities	-354	-255	-450	-217	-124	-119
Change in Accounts Receivable	29	-327	-59	-279	-176	-19
Change in Inventory	-	-	-	-	28	-22
Change in Accounts Payable	226	-33	-68	258	131	36
Change in Other Net Operating Assets	-43	33	-8	-5	10	24
Operating Cash Flow	1,036	603	457	846	505	291
Operating Cash Flow Growth	108.45%	31.95%	-45.98%	67.53%	73.54%	18.29%
Capital Expenditures	-87	-112	-77	-98	-11	-9
Sale of Property, Plant & Equipment	-	-	4	-	-	-
Cash Acquisitions	-642	-642	-622	-296	-	39
Sale (Purchase) of Intangibles	-64	-90	-86	-19	-32	-118
Investment in Securities	-30	-30	-50	-130	-62	-
Other Investing Activities	-69	9	-28	-96	1	-5
Investing Cash Flow	-892	-865	-859	-639	-104	-93
Short-Term Debt Issued	-	700	-	-	-	31
Long-Term Debt Issued	-	-	900	-	-	-
Total Debt Issued	-	700	900	-	-	31
Short-Term Debt Repaid	-	-	-	-5	-5	-
Long-Term Debt Repaid	-	-116	-73	-21	-21	-30
Total Debt Repaid	783	-116	-73	-26	-26	-30
Net Debt Issued (Repaid)	783	584	827	-26	-26	1
Issuance of Common Stock	-	-	-	-	-4	-
Repurchase of Common Stock	-167	-62	-199	-	-200	-
Common Dividends Paid	-80	-81	-	-	-	-
Other Financing Activities	-2	-2	-3	-3	-5	-5
Financing Cash Flow	534	439	625	-29	-235	-4
Foreign Exchange Rate Adjustments	1	-	2	1	-	-
Miscellaneous Cash Flow Adjustments	-3	-1	-	-1	-	-1
Net Cash Flow	676	176	225	178	166	193
Free Cash Flow	949	491	380	748	494	282
Free Cash Flow Growth	132.03%	29.21%	-49.20%	51.42%	75.18%	49.21%
Free Cash Flow Margin	8.36%	4.55%	3.67%	8.26%	7.36%	5.36%
Free Cash Flow Per Share	47.42	24.34	18.57	36.55	23.81	13.47
Cash Interest Paid	21	15	6	1	1	1
Cash Income Tax Paid	357	254	448	218	125	119
Levered Free Cash Flow	886.25	400.75	202.88	719.63	414	147
Unlevered Free Cash Flow	899.38	410.13	206.63	720.25	415.25	147.63
Change in Working Capital	212	-327	-135	-26	-7	19

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.