Zenhoren 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	2,533	2,237	2,187	-	-
Depreciation & Amortization	863	1,034	1,073	-	-
Loss (Gain) From Sale of Assets	44	1	3	-	-
Other Operating Activities	-643	-1,372	557	-	-
Change in Accounts Receivable	628	879	-542	-	-
Change in Inventory	-2	6	9	-	-
Change in Accounts Payable	358	-78	57	-	-
Change in Other Net Operating Assets	1,362	356	-20	-	-
Operating Cash Flow	5,143	3,063	3,324	-	-
Operating Cash Flow Growth	67.91%	-7.85%	-	-	-
Capital Expenditures	-25	-43	-77	-	-
Sale (Purchase) of Intangibles	-572	-140	-274	-	-
Investment in Securities	-500	-500	-201	-	-
Other Investing Activities	11	15	-8	-	-
Investing Cash Flow	-1,086	-668	-560	-	-
Short-Term Debt Repaid	-900	-200	-1,897	-	-
Long-Term Debt Repaid	-	-292	-233	-	-
Total Debt Repaid	-900	-492	-2,130	-	-
Net Debt Issued (Repaid)	-900	-492	-2,130	-	-
Issuance of Common Stock	40	1,453	1,767	-	-
Common Dividends Paid	-911	-656	-	-	-
Other Financing Activities	-119	-633	-854	-	-
Financing Cash Flow	-1,890	-328	-1,217	-	-
Miscellaneous Cash Flow Adjustments	-1	-2	-1	-	-
Net Cash Flow	2,166	2,065	1,546	-	-
Free Cash Flow	5,118	3,020	3,247	-	-
Free Cash Flow Growth	69.47%	-6.99%	-	-	-
Free Cash Flow Margin	19.54%	11.77%	13.25%	-	-
Free Cash Flow Per Share	194.92	119.16	142.06	-	-
Cash Interest Paid	23	32	65	-	-
Cash Income Tax Paid	438	1,280	-554	-	-
Levered Free Cash Flow	4,848	2,745	2,945	-	-
Unlevered Free Cash Flow	4,863	2,765	2,986	-	-
Change in Working Capital	2,346	1,163	-496	-	-

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