OBIC Business Consultants Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	25,207	23,273	19,852	15,834	17,094
Depreciation & Amortization	668	534	531	390	405
Loss (Gain) From Sale of Assets	16	-	3	-	53
Loss (Gain) From Sale of Investments	-4	-228	-	-19	-
Other Operating Activities	-8,118	-6,959	-4,624	-5,526	-5,267
Change in Accounts Receivable	-2,851	799	148	-1,342	-1,239
Change in Inventory	9	24	9	37	-3
Change in Accounts Payable	-14	159	700	-506	533
Change in Other Net Operating Assets	2,459	68	6,640	6,581	4,477
Operating Cash Flow	17,372	17,670	23,259	15,449	16,053
Operating Cash Flow Growth	-1.69%	-24.03%	50.55%	-3.76%	34.70%
Capital Expenditures	-442	-331	-56	-109	-357
Sale (Purchase) of Intangibles	-1,113	-853	-808	-205	-333
Investment in Securities	-52,885	231	-	94	-84
Other Investing Activities	17	-119	14	18	-29
Investing Cash Flow	-54,423	-1,072	-850	-202	-803
Common Dividends Paid	-7,743	-7,141	-5,261	-5,261	-4,885
Other Financing Activities	-	-	-1	-1	-
Financing Cash Flow	-7,743	-7,141	-5,262	-5,262	-4,885
Miscellaneous Cash Flow Adjustments	-1	-1	-	-1	-1
Net Cash Flow	-44,795	9,456	17,147	9,984	10,364
Free Cash Flow	16,930	17,339	23,203	15,340	15,696
Free Cash Flow Growth	-2.36%	-25.27%	51.26%	-2.27%	38.55%
Free Cash Flow Margin	32.94%	36.90%	55.31%	45.51%	45.16%
Free Cash Flow Per Share	225.20	230.65	308.66	204.07	208.81
Cash Income Tax Paid	7,960	6,962	4,627	5,526	5,268
Levered Free Cash Flow	12,558	13,701	20,730	13,234	13,558
Unlevered Free Cash Flow	12,558	13,701	20,730	13,234	13,558
Change in Working Capital	-397	1,050	7,497	4,770	3,768

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