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
Period Ending	Dec '25 Dec 31, 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	24,112	23,273	19,852	15,834	17,094	13,975
Depreciation & Amortization	488.83	534	531	390	405	309
Loss (Gain) From Sale of Assets	16.04	-	3	-	53	5
Loss (Gain) From Sale of Investments	-4.66	-228	-	-19	-	-67
Other Operating Activities	-7,554	-6,959	-4,624	-5,526	-5,267	-4,007
Change in Accounts Receivable	-1,967	799	148	-1,342	-1,239	-1,274
Change in Inventory	18.8	24	9	37	-3	18
Change in Accounts Payable	228.95	159	700	-506	533	81
Change in Other Net Operating Assets	697.99	68	6,640	6,581	4,477	2,878
Operating Cash Flow	16,816	17,670	23,259	15,449	16,053	11,918
Operating Cash Flow Growth	-11.86%	-24.03%	50.55%	-3.76%	34.70%	-4.56%
Capital Expenditures	-325.64	-331	-56	-109	-357	-589
Sale (Purchase) of Intangibles	-1,353	-853	-808	-205	-333	-190
Investment in Securities	-1,100	231	-	94	-84	192
Other Investing Activities	-97.71	-119	14	18	-29	-166
Investing Cash Flow	-2,876	-1,072	-850	-202	-803	-753
Common Dividends Paid	-7,743	-7,141	-5,261	-5,261	-4,885	-3,759
Other Financing Activities	-	-	-1	-1	-	-1
Financing Cash Flow	-7,743	-7,141	-5,262	-5,262	-4,885	-3,760
Miscellaneous Cash Flow Adjustments	-1	-1	-	-1	-1	-1
Net Cash Flow	6,196	9,456	17,147	9,984	10,364	7,404
Free Cash Flow	16,491	17,339	23,203	15,340	15,696	11,329
Free Cash Flow Growth	-12.05%	-25.27%	51.26%	-2.27%	38.55%	-7.64%
Free Cash Flow Margin	32.92%	36.90%	55.31%	45.51%	45.16%	38.73%
Free Cash Flow Per Share	219.36	230.65	308.66	204.07	208.81	150.72
Cash Income Tax Paid	7,947	6,962	4,627	5,526	5,268	4,007
Levered Free Cash Flow	13,050	13,701	20,730	13,234	13,558	9,733
Unlevered Free Cash Flow	13,050	13,701	20,730	13,234	13,558	9,733
Change in Working Capital	-242.65	1,050	7,497	4,770	3,768	1,703

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