BTM, Inc. 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	101	86	150	115	-
Depreciation & Amortization	11	1	1	-	-
Other Operating Activities	-23	-37	-55	-8	-
Change in Accounts Receivable	-145	-79	-117	-57	-
Change in Inventory	-	1	1	-	-
Change in Accounts Payable	94	33	63	37	-
Change in Other Net Operating Assets	21	13	-16	45	-
Operating Cash Flow	59	18	27	132	-
Operating Cash Flow Growth	227.78%	-33.33%	-79.55%	-	-
Capital Expenditures	-5	-6	-1	-	-
Cash Acquisitions	-79	-	-	-	-
Other Investing Activities	-34	-33	4	-7	-
Investing Cash Flow	-118	-39	3	-7	-
Short-Term Debt Issued	150	60	90	-	-
Long-Term Debt Issued	150	150	-	50	-
Total Debt Issued	300	210	90	50	-
Long-Term Debt Repaid	-57	-111	-137	-109	-
Net Debt Issued (Repaid)	243	99	-47	-59	-
Issuance of Common Stock	-	-	14	262	-
Repurchase of Common Stock	-	-7	-	-	-
Other Financing Activities	-	-	-	-1	-
Financing Cash Flow	243	92	-33	202	-
Miscellaneous Cash Flow Adjustments	-	-	1	-	-
Net Cash Flow	184	71	-2	327	-
Free Cash Flow	54	12	26	132	-
Free Cash Flow Growth	350.00%	-53.85%	-80.30%	-	-
Free Cash Flow Margin	0.90%	0.24%	0.63%	3.72%	-
Free Cash Flow Per Share	18.73	4.12	8.87	50.43	-
Cash Interest Paid	8	4	3	3	-
Cash Income Tax Paid	23	38	58	9	-
Levered Free Cash Flow	59.13	42	7.75	107	-
Unlevered Free Cash Flow	64.13	44.5	9.63	108.88	-
Change in Working Capital	-30	-32	-69	25	-