Optorun 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	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	2,960	8,184	5,997	9,404	8,773
Depreciation & Amortization	1,201	1,220	990	697	483
Loss (Gain) From Sale of Assets	7.62	5	53	1	50
Loss (Gain) From Sale of Investments	-1,026	-	-	-662	-899
Loss (Gain) on Equity Investments	127.24	-1,195	9	-206	81
Other Operating Activities	2,021	-631	-1,768	-2,427	-856
Change in Accounts Receivable	-554.01	1,017	2,982	-1,808	4,411
Change in Inventory	-672.9	3,076	3,127	-7,165	-721
Change in Accounts Payable	2,897	-543	-4,203	1,222	697
Change in Unearned Revenue	2,057	-	-	-	-
Change in Other Net Operating Assets	-490.38	-6,084	-4,007	9,504	-1,334
Operating Cash Flow	8,529	5,049	3,180	8,560	10,685
Operating Cash Flow Growth	68.92%	58.77%	-62.85%	-19.89%	-
Capital Expenditures	-989.4	-3,116	-3,116	-4,379	-940
Sale of Property, Plant & Equipment	-	-	-	-	9
Sale (Purchase) of Intangibles	-4.05	-2	-51	-22	-23
Investment in Securities	1,250	-4,567	-89	810	1,349
Other Investing Activities	-0	-15	-2	-804	-20
Investing Cash Flow	256.71	-7,700	-3,599	-4,395	375
Long-Term Debt Repaid	-13.76	-	-	-54	-66
Total Debt Repaid	-13.76	-	-	-54	-66
Net Debt Issued (Repaid)	-13.76	-	-	-54	-66
Issuance of Common Stock	106.95	126	62	63	62
Repurchase of Common Stock	-4,188	-4,794	-	-	-
Common Dividends Paid	-2,163	-3,333	-2,173	-2,163	-2,145
Other Financing Activities	-0	4,195	-95	-18	-586
Financing Cash Flow	-6,258	-3,806	-2,206	-2,172	-2,735
Foreign Exchange Rate Adjustments	873.76	1,516	679	656	1,224
Miscellaneous Cash Flow Adjustments	0	1	-	-	1
Net Cash Flow	3,401	-4,940	-1,946	2,649	9,550
Free Cash Flow	7,540	1,933	64	4,181	9,745
Free Cash Flow Growth	290.05%	2920.31%	-98.47%	-57.10%	-
Free Cash Flow Margin	22.27%	5.96%	0.17%	12.19%	31.55%
Free Cash Flow Per Share	186.22	43.64	1.44	94.44	220.33
Cash Interest Paid	7.44	5	5	5	7
Cash Income Tax Paid	1,371	687	1,772	2,428	855
Levered Free Cash Flow	-	366.75	522.88	2,744	8,302
Unlevered Free Cash Flow	-	404.25	526	2,747	8,307
Change in Working Capital	3,237	-2,534	-2,101	1,753	3,053

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