MRT Inc. 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 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-150	-332	858	2,936	1,255	239
Depreciation & Amortization	251	258	228	184	179	154
Loss (Gain) From Sale of Assets	41	41	142	-	169	-
Loss (Gain) on Equity Investments	193	211	9	-	-	-
Other Operating Activities	48	228	-1,107	-743	-87	-88
Change in Accounts Receivable	114	-12	985	1,276	-2,379	4
Change in Inventory	-27	-17	-16	-2	-	-1
Change in Accounts Payable	-15	41	-378	429	106	-15
Change in Other Net Operating Assets	-10	85	-914	431	459	1
Operating Cash Flow	445	503	-193	4,511	-298	294
Operating Cash Flow Growth	-11.36%	-	-	-	-	41.35%
Capital Expenditures	-14	-41	-15	-17	-9	-33
Cash Acquisitions	2	-9	-186	-350	-	-
Sale (Purchase) of Intangibles	-63	-31	-75	-63	-97	-78
Other Investing Activities	-2,242	-1,762	33	-1	-100	47
Investing Cash Flow	-2,317	-1,843	-243	-431	-206	-64
Short-Term Debt Issued	-	-	-	-	300	-
Long-Term Debt Issued	-	175	-	150	30	-
Total Debt Issued	175	175	-	150	330	-
Long-Term Debt Repaid	-	-99	-216	-235	-283	-282
Total Debt Repaid	-365	-99	-216	-235	-283	-282
Net Debt Issued (Repaid)	-190	76	-216	-85	47	-282
Issuance of Common Stock	214	215	-	-	-	-
Repurchase of Common Stock	-94	-	-168	-	-	-
Common Dividends Paid	-	-	-164	-	-	-
Other Financing Activities	-127	-130	-121	-118	-114	-115
Financing Cash Flow	-197	161	-669	-203	-67	-397
Miscellaneous Cash Flow Adjustments	1	1	-1	-1	-1	-
Net Cash Flow	-2,068	-1,178	-1,106	3,876	-572	-167
Free Cash Flow	431	462	-208	4,494	-307	261
Free Cash Flow Growth	-7.31%	-	-	-	-	33.16%
Free Cash Flow Margin	10.08%	11.09%	-3.85%	51.43%	-6.87%	10.19%
Free Cash Flow Per Share	76.72	84.50	-37.96	805.62	-55.02	46.78
Cash Interest Paid	12	7	6	8	11	11
Cash Income Tax Paid	-	-230	1,068	778	88	103
Levered Free Cash Flow	-104.63	454.25	-643.13	4,181	-491.63	143.88
Unlevered Free Cash Flow	-97.13	458.63	-638.75	4,188	-484.13	152
Change in Working Capital	62	97	-323	2,134	-1,814	-11

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