MRSO Inc. Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Net Income	-33	157
Depreciation & Amortization	3	6
Other Operating Activities	-58	-50
Change in Accounts Receivable	77	-55
Change in Accounts Payable	-23	12
Change in Other Net Operating Assets	9	-147
Operating Cash Flow	-25	-77
Investment in Securities	-49	-60
Other Investing Activities	-1	1
Investing Cash Flow	-50	-59
Long-Term Debt Repaid	-7	-7
Net Debt Issued (Repaid)	-7	-7
Issuance of Common Stock	-	44
Repurchase of Common Stock	-49	-
Other Financing Activities	-	-15
Financing Cash Flow	-56	22
Foreign Exchange Rate Adjustments	-1	-3
Miscellaneous Cash Flow Adjustments	-1	-
Net Cash Flow	-133	-117
Cash Income Tax Paid	58	50
Levered Free Cash Flow	-34.25	-
Unlevered Free Cash Flow	-34.25	-
Change in Working Capital	63	-190

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