for Startups Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	817.12	440	397	586	492
Depreciation & Amortization	43.55	77	55	16	32
Loss (Gain) From Sale of Assets	0.21	8	-	-	-
Loss (Gain) From Sale of Investments	69.94	-	-	-	-
Loss (Gain) on Equity Investments	2.9	-	-	-	-
Other Operating Activities	203.97	-194	-79	-255	-19
Change in Accounts Receivable	-425.7	28	-96	-367	-236
Change in Accounts Payable	98.72	64	-185	-121	287
Change in Other Net Operating Assets	154.75	-68	87	106	49
Operating Cash Flow	965.44	355	179	-35	605
Operating Cash Flow Growth	171.95%	98.32%	-	-	-
Capital Expenditures	-2.05	-367	-	-84	-48
Investment in Securities	-550.6	-30	-	-10	-30
Other Investing Activities	-0.02	145	-293	4	-90
Investing Cash Flow	-552.67	-252	-293	-90	-168
Long-Term Debt Issued	-	570	-	-	100
Long-Term Debt Repaid	-114	-57	-66	-116	-67
Net Debt Issued (Repaid)	-114	513	-66	-116	33
Issuance of Common Stock	2.13	-	23	4	28
Repurchase of Common Stock	-233.46	-363	-	-	-
Other Financing Activities	187	-1	67	265	176
Financing Cash Flow	-158.32	149	24	153	237
Miscellaneous Cash Flow Adjustments	-0	-	1	-1	-
Net Cash Flow	254.44	252	-89	27	674
Free Cash Flow	963.38	-12	179	-119	557
Free Cash Flow Margin	18.29%	-0.33%	5.24%	-3.97%	23.72%
Free Cash Flow Per Share	145.91	-1.69	24.54	-16.31	76.47
Cash Interest Paid	5.82	5	-	-	-
Cash Income Tax Paid	80.64	194	79	257	20
Levered Free Cash Flow	-	-21.38	198	-261.38	-
Unlevered Free Cash Flow	-	-18.88	198	-261.38	-
Change in Working Capital	-172.24	24	-194	-382	100