Arent Cash Flow Statement

Financials in millions JPY. Fiscal year is July - June.

Millions JPY. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Net Income	685	1,092	961	522	-	-
Depreciation & Amortization	320	128	24	17	-	-
Loss (Gain) on Equity Investments	202	351	320	369	-	-
Other Operating Activities	-362	-373	-290	-58	-	-
Change in Accounts Receivable	59	19	-164	-48	-	-
Change in Inventory	-2	1	3	-8	-	-
Change in Accounts Payable	-117	-180	6	140	-	-
Change in Other Net Operating Assets	-222	-198	-10	-101	-	-
Operating Cash Flow	563	840	850	833	-	-
Operating Cash Flow Growth	-34.91%	-1.18%	2.04%	-	-	-
Capital Expenditures	-42	-30	-19	-10	-	-
Cash Acquisitions	-542	-223	-	-399	-	-
Sale (Purchase) of Intangibles	-188	-69	-1	-42	-	-
Other Investing Activities	28	-19	-23	-3	-	-
Investing Cash Flow	-994	-841	-43	-454	-	-
Short-Term Debt Issued	-	-	-	120	-	-
Long-Term Debt Issued	-	100	-	-	-	-
Total Debt Issued	100	100	-	120	-	-
Short-Term Debt Repaid	-	-	-	-182	-	-
Long-Term Debt Repaid	-	-172	-170	-185	-	-
Total Debt Repaid	-133	-172	-170	-367	-	-
Net Debt Issued (Repaid)	-33	-72	-170	-247	-	-
Issuance of Common Stock	91	53	1	1,152	-	-
Other Financing Activities	-15	-	1	-1	-	-
Financing Cash Flow	43	-19	-168	904	-	-
Foreign Exchange Rate Adjustments	-8	-6	-	-	-	-
Miscellaneous Cash Flow Adjustments	-	-	-1	-	-	-
Net Cash Flow	-396	-26	638	1,283	-	-
Free Cash Flow	521	810	831	823	-	-
Free Cash Flow Growth	-37.75%	-2.53%	0.97%	-	-	-
Free Cash Flow Margin	11.62%	20.11%	28.27%	40.70%	-	-
Free Cash Flow Per Share	77.05	120.40	120.94	132.43	-	-
Cash Interest Paid	-	3	5	7	-	-
Cash Income Tax Paid	371	383	290	114	-	-
Levered Free Cash Flow	2,471	1,341	646.38	547.5	-	-
Unlevered Free Cash Flow	2,472	1,343	649.5	552.5	-	-
Change in Working Capital	-282	-358	-165	-17	-	-

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