Mizuho Medy 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	4,736	5,167	5,292	11,070	6,824
Depreciation & Amortization	266	228	195	186	172
Other Operating Activities	-1,169	-1,538	-2,725	-3,201	-9
Change in Accounts Receivable	-1,680	-144	1,988	-2,381	-1,964
Change in Inventory	-357	-451	-329	-2	189
Change in Accounts Payable	152	72	-424	363	314
Change in Other Net Operating Assets	8	14	-6	137	70
Operating Cash Flow	1,956	3,348	3,991	6,172	5,596
Operating Cash Flow Growth	-41.58%	-16.11%	-35.34%	10.29%	1796.95%
Capital Expenditures	-255	-299	-263	-179	-154
Sale (Purchase) of Intangibles	-28	-	-7	-	-4
Investment in Securities	-7,000	-	-	-1,373	-
Other Investing Activities	-1	-8	-	-1	-1
Investing Cash Flow	-7,284	-307	-270	-1,553	-159
Short-Term Debt Repaid	-	-	-	-	-80
Long-Term Debt Repaid	-	-	-	-	-513
Total Debt Repaid	-	-	-	-	-593
Net Debt Issued (Repaid)	-	-	-	-	-593
Common Dividends Paid	-2,077	-2,094	-2,380	-1,570	-570
Other Financing Activities	-	-	-1	-	-1
Financing Cash Flow	-2,077	-2,094	-2,381	-1,570	-1,164
Foreign Exchange Rate Adjustments	-	1	-	-	-
Miscellaneous Cash Flow Adjustments	-	-	1	-1	-1
Net Cash Flow	-7,405	948	1,341	3,048	4,272
Free Cash Flow	1,701	3,049	3,728	5,993	5,442
Free Cash Flow Growth	-44.21%	-18.21%	-37.79%	10.13%	2634.67%
Free Cash Flow Margin	15.11%	26.68%	33.92%	34.09%	41.42%
Free Cash Flow Per Share	89.30	160.06	391.41	629.22	571.37
Cash Interest Paid	-	-	-	-	1
Cash Income Tax Paid	1,155	1,526	2,718	3,200	135
Levered Free Cash Flow	1,257	2,414	3,146	5,069	4,888
Unlevered Free Cash Flow	1,257	2,414	3,146	5,069	4,889
Change in Working Capital	-1,877	-509	1,229	-1,883	-1,391