Koyou Rentia 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	2,989	2,180	2,534	2,213	2,453
Depreciation & Amortization	2,248	2,177	1,826	1,549	1,533
Loss (Gain) From Sale of Assets	10	3	-6	21	66
Loss (Gain) From Sale of Investments	-	-49	-50	186	-
Other Operating Activities	-360	-1,124	-605	-1,517	-388
Change in Accounts Receivable	-352	411	-987	-49	-435
Change in Inventory	-219	-58	43	31	-93
Change in Accounts Payable	598	-1,031	1,191	304	216
Change in Other Net Operating Assets	135	-164	-68	306	-95
Operating Cash Flow	5,049	2,345	3,878	3,044	3,257
Operating Cash Flow Growth	115.31%	-39.53%	27.40%	-6.54%	90.36%
Capital Expenditures	-2,005	-2,123	-2,312	-1,935	-1,385
Sale of Property, Plant & Equipment	7	9	38	25	33
Cash Acquisitions	-	-	-	-782	-
Investment in Securities	-	-4	350	-	-556
Other Investing Activities	-109	-128	-32	-118	-78
Investing Cash Flow	-2,107	-2,246	-1,956	-2,810	-1,986
Short-Term Debt Issued	-	100	-	-	-
Long-Term Debt Issued	-	-	-	1,600	-
Total Debt Issued	-	100	-	1,600	-
Short-Term Debt Repaid	-1,000	-	-300	-500	-
Long-Term Debt Repaid	-87	-534	-534	-443	-765
Total Debt Repaid	-1,087	-534	-834	-943	-765
Net Debt Issued (Repaid)	-1,087	-434	-834	657	-765
Issuance of Common Stock	45	68	62	-	9
Common Dividends Paid	-440	-300	-243	-264	-151
Other Financing Activities	-88	-259	-354	-361	-366
Financing Cash Flow	-1,570	-925	-1,369	32	-1,273
Miscellaneous Cash Flow Adjustments	81	-	-1	1	-
Net Cash Flow	1,453	-826	552	267	-2
Free Cash Flow	3,044	222	1,566	1,109	1,872
Free Cash Flow Growth	1271.17%	-85.82%	41.21%	-40.76%	387.50%
Free Cash Flow Margin	8.77%	0.70%	5.06%	4.23%	7.80%
Free Cash Flow Per Share	269.02	19.71	141.37	101.19	170.55
Cash Interest Paid	11	18	23	30	39
Cash Income Tax Paid	362	1,123	606	1,520	387
Levered Free Cash Flow	2,930	-83	1,453	992	1,981
Unlevered Free Cash Flow	2,937	-71.75	1,467	1,011	2,004
Change in Working Capital	162	-842	179	592	-407

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