Net Protections Holdings Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020
Period Ending	Jun '25 Jun 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2020
Net Income	1,689	2,139	-820	-527	630	-	Upgrade
Depreciation & Amortization	1,653	1,629	1,626	1,383	1,315	-	Upgrade
Loss (Gain) From Sale of Assets	6	8	28	57	25	-	Upgrade
Other Operating Activities	770	-493	541	-1,247	-919	-	Upgrade
Change in Accounts Receivable	-7,645	-3,752	-4,698	-2,521	-2,861	-	Upgrade
Change in Inventory	-4	-16	9	-2	-	-	Upgrade
Change in Accounts Payable	14,365	6,714	4,992	272	2,971	-	Upgrade
Change in Other Net Operating Assets	-173	338	253	-44	-210	-	Upgrade
Operating Cash Flow	10,665	6,567	1,931	-2,629	951	-	Upgrade
Operating Cash Flow Growth	947.64%	240.08%	-	-	-	-	Upgrade
Capital Expenditures	-34	-63	-14	-88	-9	-	Upgrade
Sale (Purchase) of Intangibles	-1,493	-1,484	-1,726	-1,357	-799	-	Upgrade
Investment in Securities	-	-	-	-1	-	-	Upgrade
Other Investing Activities	-63	41	-20	-319	41	-	Upgrade
Investing Cash Flow	-1,590	-1,506	-1,760	-1,765	-767	-	Upgrade
Short-Term Debt Issued	-	1,351	431	3,000	-	-	Upgrade
Long-Term Debt Issued	-	-	-	-	5,000	-	Upgrade
Total Debt Issued	-1,163	1,351	431	3,000	5,000	-	Upgrade
Long-Term Debt Repaid	-	-	-	-	-6,855	-	Upgrade
Net Debt Issued (Repaid)	-1,448	1,351	431	3,000	-1,855	-	Upgrade
Issuance of Common Stock	151	152	34	27	7,854	-	Upgrade
Other Financing Activities	1	-294	-390	-186	-2,374	-	Upgrade
Financing Cash Flow	-1,296	1,209	75	2,841	3,625	-	Upgrade
Foreign Exchange Rate Adjustments	4	-40	-	-	5	-	Upgrade
Miscellaneous Cash Flow Adjustments	-	-1	-	-1	-	-	Upgrade
Net Cash Flow	7,783	6,229	246	-1,554	3,814	-	Upgrade
Free Cash Flow	10,631	6,504	1,917	-2,717	942	-	Upgrade
Free Cash Flow Growth	995.98%	239.28%	-	-	-	-	Upgrade
Free Cash Flow Margin	44.41%	28.99%	9.44%	-14.42%	5.17%	-	Upgrade
Free Cash Flow Per Share	107.50	66.13	19.78	-28.13	10.22	-	Upgrade
Cash Interest Paid	71	64	35	38	258	-	Upgrade
Cash Income Tax Paid	933	406	-380	1,314	890	-	Upgrade
Levered Free Cash Flow	9,138	5,105	677.38	-3,765	-995.63	-	Upgrade
Unlevered Free Cash Flow	9,203	5,162	717.38	-3,724	-829.38	-	Upgrade
Change in Working Capital	6,543	3,284	556	-2,295	-100	-	Upgrade

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