Base Co., Ltd. (TYO:4481)

Base Co., Ltd. Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	4,222	5,236	4,692	3,931	3,004
Depreciation & Amortization	16.9	23	24	33	72
Loss (Gain) From Sale of Investments	-11.36	-4	-5	-3	-7
Other Operating Activities	-5.38	-1,216	-1,573	-823	-888
Change in Accounts Receivable	208.72	-377	-174	-186	-686
Change in Inventory	-15.31	89	47	-60	-32
Change in Accounts Payable	-96.67	257	82	767	-12
Change in Other Net Operating Assets	144.02	-133	188	8	-14
Operating Cash Flow	4,463	3,875	3,281	3,667	1,437
Operating Cash Flow Growth	15.17%	18.10%	-10.53%	155.18%	-43.80%
Capital Expenditures	-0.28	-19	-38	-24	-50
Sale (Purchase) of Intangibles	-11.19	-1	-	-	-4
Investment in Securities	5.32	2	3	1	2
Other Investing Activities	-22.54	-22	-	-15	-64
Investing Cash Flow	52.99	52	-1,200	-38	-116
Long-Term Debt Repaid	-	-11	-80	-173	-448
Net Debt Issued (Repaid)	-	-11	-80	-173	-448
Issuance of Common Stock	1.9	3	98	36	16
Repurchase of Common Stock	-1,206	-1,005	-	-	-
Common Dividends Paid	-2,014	-1,910	-1,750	-811	-625
Other Financing Activities	-	-1	-13	-	-6
Financing Cash Flow	-3,218	-2,924	-1,745	-948	-1,063
Foreign Exchange Rate Adjustments	23.41	61	26	21	49
Miscellaneous Cash Flow Adjustments	-	1	-	-1	-1
Net Cash Flow	1,322	1,065	362	2,701	306
Free Cash Flow	4,463	3,856	3,243	3,643	1,387
Free Cash Flow Growth	15.73%	18.90%	-10.98%	162.65%	-45.41%
Free Cash Flow Margin	20.48%	19.06%	17.34%	21.37%	10.43%
Free Cash Flow Per Share	240.42	204.39	171.24	192.28	73.41
Cash Interest Paid	-	-	-	-	2
Cash Income Tax Paid	1,506	1,212	1,568	820	886
Levered Free Cash Flow	4,942	3,383	1,590	3,463	1,057
Unlevered Free Cash Flow	4,942	3,383	1,590	3,463	1,059
Change in Working Capital	240.76	-164	143	529	-744

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