Orchestra Holdings 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	816.84	812	923	1,464	1,317
Depreciation & Amortization	368.61	527	452	253	125
Loss (Gain) From Sale of Assets	-	3	114	20	-
Loss (Gain) From Sale of Investments	-	-4	-310	-84	-31
Other Operating Activities	-42.77	-404	-208	-1,736	-420
Change in Accounts Receivable	174.33	248	374	-199	-745
Change in Inventory	-	1	6	6	-1
Change in Accounts Payable	-280.02	-42	-427	-127	683
Change in Other Net Operating Assets	-	-20	79	-81	185
Operating Cash Flow	1,037	1,121	1,003	-484	1,113
Operating Cash Flow Growth	-7.49%	11.77%	-	-	68.64%
Capital Expenditures	-75.18	-29	-31	-49	-5
Sale of Property, Plant & Equipment	-	244	132	-	-
Cash Acquisitions	-1,231	-383	-2,261	-598	-293
Sale (Purchase) of Intangibles	-4.05	-	-	-	-
Investment in Securities	88.24	-78	173	-1	44
Other Investing Activities	34.22	-134	-13	-231	-28
Investing Cash Flow	-1,186	-380	-2,000	-993	-32
Short-Term Debt Issued	358.66	121	-	188	-
Long-Term Debt Issued	1,430	-	2,450	-	-
Total Debt Issued	1,789	121	2,450	188	-
Short-Term Debt Repaid	-	-	-	-	-28
Long-Term Debt Repaid	-1,006	-616	-1,163	-315	-236
Total Debt Repaid	-1,006	-616	-1,163	-315	-264
Net Debt Issued (Repaid)	782.73	-495	1,287	-127	-264
Issuance of Common Stock	-	177	5	10	13
Repurchase of Common Stock	-250.66	-300	-	-	-
Common Dividends Paid	-106.97	-98	-88	-78	-68
Other Financing Activities	-40	-	1	-218	2,780
Financing Cash Flow	385.1	-716	1,205	-413	2,461
Foreign Exchange Rate Adjustments	-0.66	1	-	1	1
Miscellaneous Cash Flow Adjustments	0	-1	1	-1	1
Net Cash Flow	235.9	25	209	-1,890	3,544
Free Cash Flow	961.81	1,092	972	-533	1,108
Free Cash Flow Growth	-11.92%	12.35%	-	-	88.44%
Free Cash Flow Margin	6.10%	7.78%	8.03%	-5.14%	6.66%
Free Cash Flow Per Share	100.00	111.02	98.00	-53.32	112.82
Cash Interest Paid	48.21	24	19	4	2
Cash Income Tax Paid	492.46	404	207	1,736	422
Levered Free Cash Flow	897.1	1,205	1,063	-435.88	1,975
Unlevered Free Cash Flow	937.01	1,220	1,074	-434	1,976
Change in Working Capital	-105.69	187	32	-401	122

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