Mars Group Holdings Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	10,934	12,593	12,580	4,760	3,125	1,507
Depreciation & Amortization	601.84	706	614	576	538	533
Loss (Gain) From Sale of Assets	-	-	-	511	-	25
Loss (Gain) From Sale of Investments	-321	488	-96	-542	-669	-
Other Operating Activities	-5,546	-5,491	-1,713	-1,801	-419	-878
Change in Accounts Receivable	88.8	1,797	-1,588	-1,306	327	1,496
Change in Inventory	2,226	2,688	-6,004	-2,793	65	427
Change in Accounts Payable	-758.05	-2,711	1,480	1,536	155	-628
Change in Other Net Operating Assets	1,142	581	1,174	2	445	117
Operating Cash Flow	8,368	10,651	6,447	943	3,567	2,599
Operating Cash Flow Growth	-	65.21%	583.67%	-73.56%	37.24%	-38.37%
Capital Expenditures	-821.81	-845	-1,340	-1,782	-1,976	-100
Sale of Property, Plant & Equipment	-	-	-	9	-	7
Investment in Securities	885.59	568	-282	-498	2,522	-395
Other Investing Activities	-245.84	-281	-14	163	-216	-188
Investing Cash Flow	-182.06	-558	-1,636	-2,106	423	-590
Issuance of Common Stock	0.08	760	3,439	-	-	-
Repurchase of Common Stock	-0.9	-	-1	-996	-126	-
Common Dividends Paid	-2,786	-3,820	-1,625	-1,170	-1,175	-1,168
Other Financing Activities	0.25	-9	-	3	6	-
Financing Cash Flow	-2,786	-3,069	1,813	-2,163	-1,295	-1,168
Foreign Exchange Rate Adjustments	-0.93	-4	28	23	78	17
Miscellaneous Cash Flow Adjustments	-1	-1	1	-	2	-1
Net Cash Flow	5,398	7,019	6,653	-3,303	2,775	857
Free Cash Flow	7,546	9,806	5,107	-839	1,591	2,499
Free Cash Flow Growth	-	92.01%	-	-	-36.34%	72.23%
Free Cash Flow Margin	23.08%	23.21%	13.96%	-4.12%	10.53%	16.93%
Free Cash Flow Per Share	408.92	535.22	295.68	-50.73	94.53	149.64
Cash Income Tax Paid	3,592	5,494	1,711	1,829	545	882
Levered Free Cash Flow	6,502	7,559	3,999	-1,194	1,603	2,285
Unlevered Free Cash Flow	6,502	7,559	3,999	-1,194	1,603	2,285
Change in Working Capital	2,699	2,355	-4,938	-2,561	992	1,412

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.