teno. Holdings Company 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	110	-248	191	146	397
Depreciation & Amortization	517	493	410	336	264
Loss (Gain) From Sale of Assets	-	518	292	256	769
Asset Writedown & Restructuring Costs	200	-	-	-	-
Other Operating Activities	182	-126	-66	-227	-316
Change in Accounts Receivable	-123	-31	-47	-75	-24
Change in Accounts Payable	9	-11	35	48	-34
Change in Unearned Revenue	33	-	-	-	-
Change in Other Net Operating Assets	109	96	-491	-187	-764
Operating Cash Flow	1,037	691	324	297	292
Operating Cash Flow Growth	50.07%	113.27%	9.09%	1.71%	-42.52%
Capital Expenditures	-208	-278	-392	-363	-870
Sale of Property, Plant & Equipment	6	-	-	-	-
Cash Acquisitions	-225	-474	-172	-788	-
Sale (Purchase) of Intangibles	-26	-31	-46	-79	-96
Investment in Securities	-47	-4	-2	-13	-28
Other Investing Activities	-79	-174	200	231	698
Investing Cash Flow	-531	-916	-367	-967	-251
Short-Term Debt Issued	-	597	199	550	250
Long-Term Debt Issued	630	550	340	1,390	70
Total Debt Issued	630	1,147	539	1,940	320
Short-Term Debt Repaid	-99	-	-	-	-
Long-Term Debt Repaid	-694	-646	-704	-771	-444
Total Debt Repaid	-793	-646	-704	-771	-444
Net Debt Issued (Repaid)	-163	501	-165	1,169	-124
Issuance of Common Stock	-	-	2	-	4
Repurchase of Common Stock	-	-	-	-88	-
Common Dividends Paid	-40	-41	-40	-39	-38
Other Financing Activities	-2	-2	-5	-5	-3
Financing Cash Flow	-205	458	-208	1,037	-161
Miscellaneous Cash Flow Adjustments	-1	-	1	-	1
Net Cash Flow	300	233	-250	367	-119
Free Cash Flow	829	413	-68	-66	-578
Free Cash Flow Growth	100.73%	-	-	-	-
Free Cash Flow Margin	4.57%	2.58%	-0.47%	-0.54%	-5.05%
Free Cash Flow Per Share	181.46	90.40	-14.86	-14.39	-122.73
Cash Interest Paid	55	29	19	16	16
Cash Income Tax Paid	164	124	60	225	309
Levered Free Cash Flow	857.88	316.38	4.63	101.88	-751.5
Unlevered Free Cash Flow	891	335.13	16.5	111.88	-741.5
Change in Working Capital	28	54	-503	-214	-822

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