TYO:4576 Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-630	-1,288	-826	-440	-159
Depreciation & Amortization	47	49	48	46	45
Loss (Gain) From Sale of Assets	-	-	6	-	-
Loss (Gain) From Sale of Investments	-	-	12	100	-
Other Operating Activities	-1	-3	2	1	-3
Change in Accounts Receivable	30	-7	53	-113	-9
Change in Inventory	15	-14	22	9	-30
Change in Accounts Payable	-19	-74	95	22	4
Change in Other Net Operating Assets	65	38	2	21	-24
Operating Cash Flow	-493	-1,299	-586	-354	-176
Capital Expenditures	-2	-9	-12	-9	-2
Sale (Purchase) of Intangibles	-	-1	-2	-	-
Investment in Securities	-	-	-	-130	-109
Other Investing Activities	-	-	-1	-	-
Investing Cash Flow	-2	-10	-15	-139	-111
Long-Term Debt Issued	135	886	166	913	-
Long-Term Debt Repaid	-328	-1,034	-120	-120	-120
Net Debt Issued (Repaid)	-193	-148	46	793	-120
Issuance of Common Stock	1,272	715	88	87	15
Other Financing Activities	1	-	-	-13	1
Financing Cash Flow	1,080	567	134	867	-104
Foreign Exchange Rate Adjustments	-	-	-	28	17
Miscellaneous Cash Flow Adjustments	-2	1	-	-2	-
Net Cash Flow	583	-741	-467	400	-374
Free Cash Flow	-495	-1,308	-598	-363	-178
Free Cash Flow Margin	-127.91%	-277.71%	-139.72%	-81.03%	-42.99%
Free Cash Flow Per Share	-10.33	-37.24	-18.82	-12.25	-6.07
Cash Interest Paid	9	5	2	2	4
Cash Income Tax Paid	1	1	1	1	1
Levered Free Cash Flow	-318.5	-871.38	-317	-225.13	-126
Unlevered Free Cash Flow	-313.5	-868.25	-315.75	-223.25	-123.5
Change in Working Capital	91	-57	172	-61	-59

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.