Disruptors 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
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023
Net Income	560	356	-1,736	523
Depreciation & Amortization	295	297	441	355
Loss (Gain) From Sale of Assets	-	-	1,746	-
Loss (Gain) From Sale of Investments	-4	-4	-	2
Other Operating Activities	-156	-112	-238	-489
Change in Accounts Receivable	-141	-23	26	33
Change in Accounts Payable	86	2	-38	-61
Change in Other Net Operating Assets	-2	23	103	-35
Operating Cash Flow	638	539	304	328
Operating Cash Flow Growth	67.90%	77.30%	-7.32%	-
Capital Expenditures	-8	-5	-25	-4
Cash Acquisitions	-	-	-986	-626
Sale (Purchase) of Intangibles	-54	-	-38	-23
Investment in Securities	5	5	-	-
Other Investing Activities	2	37	-88	5
Investing Cash Flow	-55	37	-1,137	-648
Long-Term Debt Issued	-	-	-	800
Short-Term Debt Repaid	-	-	-	-100
Long-Term Debt Repaid	-	-398	-453	-309
Total Debt Repaid	-314	-398	-453	-409
Net Debt Issued (Repaid)	-314	-398	-453	391
Repurchase of Common Stock	-	-	-	-131
Common Dividends Paid	-102	-102	-50	-51
Other Financing Activities	-47	-	-1	-2
Financing Cash Flow	-463	-500	-504	207
Miscellaneous Cash Flow Adjustments	-1	-	1	1
Net Cash Flow	119	76	-1,336	-112
Free Cash Flow	630	534	279	324
Free Cash Flow Growth	76.47%	91.40%	-13.89%	-
Free Cash Flow Margin	13.33%	12.44%	7.41%	9.69%
Free Cash Flow Per Share	30.39	26.09	13.71	15.66
Cash Interest Paid	6	7	8	6
Cash Income Tax Paid	154	82	226	490
Levered Free Cash Flow	556	557.63	362.88	-
Unlevered Free Cash Flow	559.75	562	367.88	-
Change in Working Capital	-57	2	91	-63

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