Cgs 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	388	220	150	512	377
Depreciation & Amortization	92	67	70	52	48
Other Operating Activities	-29	4	-125	-142	-48
Change in Accounts Receivable	-46	-163	109	-58	-20
Change in Inventory	22	-25	-1	61	7
Change in Accounts Payable	95	8	-35	-12	41
Change in Other Net Operating Assets	-269	98	-79	-2	-66
Operating Cash Flow	253	209	89	411	339
Operating Cash Flow Growth	21.05%	134.83%	-78.34%	21.24%	-31.10%
Capital Expenditures	-77	-20	-75	-51	-24
Cash Acquisitions	37	-	-	-	-
Sale (Purchase) of Intangibles	-	-	-	-	-16
Investment in Securities	-32	-37	-	-	-
Other Investing Activities	-98	-63	-59	-29	-7
Investing Cash Flow	-165	-120	-134	-80	-52
Short-Term Debt Issued	-	-	-	-	18
Total Debt Issued	-	-	-	-	18
Net Debt Issued (Repaid)	-	-	-	-	18
Common Dividends Paid	-96	-96	-125	-96	-68
Other Financing Activities	-18	-21	-54	-43	-12
Financing Cash Flow	-114	-117	-179	-139	-62
Foreign Exchange Rate Adjustments	7	45	32	52	27
Miscellaneous Cash Flow Adjustments	1	-1	-	-	-
Net Cash Flow	-18	16	-192	244	252
Free Cash Flow	176	189	14	360	315
Free Cash Flow Growth	-6.88%	1250.00%	-96.11%	14.29%	-30.00%
Free Cash Flow Margin	3.53%	4.81%	0.37%	8.14%	8.41%
Free Cash Flow Per Share	18.52	19.89	1.47	37.89	33.15
Cash Income Tax Paid	63	34	155	176	92
Levered Free Cash Flow	331.38	160.75	-19.13	353.38	223.5
Unlevered Free Cash Flow	331.38	160.75	-19.13	353.38	223.5
Change in Working Capital	-198	-82	-6	-11	-38

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