MICREED 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	408	366	316	196	-57
Depreciation & Amortization	60	59	72	74	64
Loss (Gain) From Sale of Assets	2	6	6	-	-
Other Operating Activities	-99	-145	-47	5	46
Change in Accounts Receivable	-128	-74	-58	-287	-48
Change in Inventory	-33	-5	-34	-26	-44
Change in Accounts Payable	181	42	111	202	89
Change in Other Net Operating Assets	7	13	12	10	16
Operating Cash Flow	398	262	378	174	66
Operating Cash Flow Growth	51.91%	-30.69%	117.24%	163.64%	-
Capital Expenditures	-5	-63	-22	-20	-1
Sale (Purchase) of Intangibles	-81	-76	-44	-45	-35
Other Investing Activities	-6	-	-28	-7	-7
Investing Cash Flow	-92	-139	-94	-72	-43
Issuance of Common Stock	-	-	6	-	-
Common Dividends Paid	-54	-47	-48	-	-
Financing Cash Flow	-54	-47	-42	-	-
Miscellaneous Cash Flow Adjustments	-2	-1	-2	-1	-1
Net Cash Flow	250	75	240	101	22
Free Cash Flow	393	199	356	154	65
Free Cash Flow Growth	97.49%	-44.10%	131.17%	136.92%	-
Free Cash Flow Margin	5.12%	2.94%	6.00%	3.30%	2.15%
Free Cash Flow Per Share	59.33	30.09	161.84	70.42	29.88
Cash Income Tax Paid	99	145	49	-	-46
Levered Free Cash Flow	277	92.13	294.25	62.25	48.13
Unlevered Free Cash Flow	277	92.13	294.25	62.25	48.13
Change in Working Capital	27	-24	31	-101	13