Piala 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	181	-98	-878	-276	-255
Depreciation & Amortization	42	26	100	148	116
Loss (Gain) From Sale of Assets	19	30	385	145	59
Loss (Gain) From Sale of Investments	-49	-60	68	-	62
Other Operating Activities	114	-10	-1	2	-76
Change in Accounts Receivable	259	-1,031	516	8	168
Change in Inventory	4	5	-68	-	47
Change in Accounts Payable	-189	981	-185	69	-412
Change in Other Net Operating Assets	-106	-3	64	61	-139
Operating Cash Flow	275	-160	1	157	-430
Operating Cash Flow Growth	-	-	-99.36%	-	-
Capital Expenditures	-3	-2	-1	-4	-48
Cash Acquisitions	-	-70	-47	-	-
Divestitures	-	17	-	-	-
Sale (Purchase) of Intangibles	-51	-78	-115	-146	-227
Investment in Securities	70	-	30	90	-93
Other Investing Activities	8	16	2	-2	-28
Investing Cash Flow	-5	-117	1	-190	-396
Short-Term Debt Issued	209	10	-	530	155
Long-Term Debt Issued	-	101	368	-	720
Total Debt Issued	209	111	368	530	875
Short-Term Debt Repaid	-	-	-200	-	-
Long-Term Debt Repaid	-218	-404	-343	-312	-259
Total Debt Repaid	-218	-404	-543	-312	-259
Net Debt Issued (Repaid)	-9	-293	-175	218	616
Issuance of Common Stock	30	29	-	-	-
Repurchase of Common Stock	-	-	-	-20	-121
Common Dividends Paid	-	-	-	-34	-35
Other Financing Activities	-1	-20	-9	40	55
Financing Cash Flow	20	-284	-184	204	515
Foreign Exchange Rate Adjustments	-19	-31	-2	9	-
Miscellaneous Cash Flow Adjustments	-1	-2	1	-	1
Net Cash Flow	270	-594	-183	180	-310
Free Cash Flow	272	-162	-	153	-478
Free Cash Flow Margin	1.73%	-1.20%	-	1.30%	-3.78%
Free Cash Flow Per Share	37.82	-23.38	-	22.09	-67.43
Cash Interest Paid	22	20	14	12	9
Cash Income Tax Paid	20	20	15	4	103
Levered Free Cash Flow	103.88	-173.25	200.25	-80.5	-646.25
Unlevered Free Cash Flow	117.63	-160.75	209	-72.38	-640
Change in Working Capital	-32	-48	327	138	-336

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