PORTERS Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2018	FY 2017	FY 2016	2018 - 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	2018 - 2020
Net Income	359	386	378	-	-	-	Upgrade
Depreciation & Amortization	28	26	8	-	-	-	Upgrade
Loss (Gain) From Sale of Investments	1	1	-	-	-	-	Upgrade
Other Operating Activities	-167	-120	-120	-	-	-	Upgrade
Change in Accounts Receivable	-32	-179	-35	-	-	-	Upgrade
Change in Inventory	-2	-	-1	-	-	-	Upgrade
Change in Accounts Payable	-11	-15	17	-	-	-	Upgrade
Change in Other Net Operating Assets	51	-187	51	-	-	-	Upgrade
Operating Cash Flow	227	-88	298	-	-	-	Upgrade
Capital Expenditures	-3	-5	-	-	-	-	Upgrade
Cash Acquisitions	-	-30	-80	-	-	-	Upgrade
Divestitures	8	8	-	-	-	-	Upgrade
Sale (Purchase) of Intangibles	-323	-194	-	-	-	-	Upgrade
Other Investing Activities	-4	-12	-3	-	-	-	Upgrade
Investing Cash Flow	-337	-244	-83	-	-	-	Upgrade
Long-Term Debt Repaid	-	-	-41	-	-	-	Upgrade
Net Debt Issued (Repaid)	-	-	-41	-	-	-	Upgrade
Issuance of Common Stock	2	1	-	-	-	-	Upgrade
Financing Cash Flow	-42	1	-41	-	-	-	Upgrade
Foreign Exchange Rate Adjustments	-4	4	1	-	-	-	Upgrade
Miscellaneous Cash Flow Adjustments	-2	36	-	-	-	-	Upgrade
Net Cash Flow	-158	-291	175	-	-	-	Upgrade
Free Cash Flow	224	-93	298	-	-	-	Upgrade
Free Cash Flow Margin	11.11%	-4.84%	18.78%	-	-	-	Upgrade
Free Cash Flow Per Share	132.93	-55.28	177.95	-	-	-	Upgrade
Cash Income Tax Paid	168	119	119	-	-	-	Upgrade
Levered Free Cash Flow	-	-230	-	-	-	-	Upgrade
Unlevered Free Cash Flow	-	-230	-	-	-	-	Upgrade
Change in Working Capital	6	-381	32	-	-	-	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.