OBIC Business Consultants 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	2017 - 2021
Period Ending	Jun '25 Jun 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	2017 - 2021
Net Income	23,389	23,273	19,852	15,834	17,094	13,975	Upgrade
Depreciation & Amortization	522.31	534	531	390	405	309	Upgrade
Loss (Gain) From Sale of Assets	15.47	-	3	-	53	5	Upgrade
Loss (Gain) From Sale of Investments	-14.24	-228	-	-19	-	-67	Upgrade
Other Operating Activities	-7,325	-6,959	-4,624	-5,526	-5,267	-4,007	Upgrade
Change in Accounts Receivable	47.3	799	148	-1,342	-1,239	-1,274	Upgrade
Change in Inventory	6.94	24	9	37	-3	18	Upgrade
Change in Accounts Payable	213.77	159	700	-506	533	81	Upgrade
Change in Other Net Operating Assets	232.21	68	6,640	6,581	4,477	2,878	Upgrade
Operating Cash Flow	16,750	17,670	23,259	15,449	16,053	11,918	Upgrade
Operating Cash Flow Growth	-15.88%	-24.03%	50.55%	-3.76%	34.70%	-4.56%	Upgrade
Capital Expenditures	-282.9	-331	-56	-109	-357	-589	Upgrade
Sale (Purchase) of Intangibles	-850.68	-853	-808	-205	-333	-190	Upgrade
Investment in Securities	16.56	231	-	94	-84	192	Upgrade
Other Investing Activities	-127.51	-119	14	18	-29	-166	Upgrade
Investing Cash Flow	-1,245	-1,072	-850	-202	-803	-753	Upgrade
Dividends Paid	-7,517	-7,141	-5,261	-5,261	-4,885	-3,759	Upgrade
Other Financing Activities	-	-	-1	-1	-	-1	Upgrade
Financing Cash Flow	-7,517	-7,141	-5,262	-5,262	-4,885	-3,760	Upgrade
Miscellaneous Cash Flow Adjustments	-1	-1	-	-1	-1	-1	Upgrade
Net Cash Flow	7,987	9,456	17,147	9,984	10,364	7,404	Upgrade
Free Cash Flow	16,467	17,339	23,203	15,340	15,696	11,329	Upgrade
Free Cash Flow Growth	-16.25%	-25.27%	51.26%	-2.27%	38.55%	-7.64%	Upgrade
Free Cash Flow Margin	34.37%	36.90%	55.31%	45.51%	45.16%	38.73%	Upgrade
Free Cash Flow Per Share	219.04	230.65	308.66	204.07	208.81	150.72	Upgrade
Cash Income Tax Paid	7,377	6,962	4,627	5,526	5,268	4,007	Upgrade
Levered Free Cash Flow	13,076	13,701	20,730	13,234	13,558	9,733	Upgrade
Unlevered Free Cash Flow	13,076	13,701	20,730	13,234	13,558	9,733	Upgrade
Change in Working Capital	161.98	1,050	7,497	4,770	3,768	1,703	Upgrade

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