IMAGE MAGIC Cash Flow Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Net Income	380	451.5	75	324	-
Depreciation & Amortization	196	199.5	192	171	-
Loss (Gain) From Sale of Assets	69	60	1	9	-
Other Operating Activities	-126	-36	-123	-4	-
Change in Accounts Receivable	1	-100.5	-57	20	-
Change in Inventory	-4	-105	70	-137	-
Change in Accounts Payable	24	60	30	-24	-
Change in Other Net Operating Assets	51	108	-57	-7	-
Operating Cash Flow	591	637.5	131	352	-
Operating Cash Flow Growth	-7.29%	386.64%	-62.78%	-	-
Capital Expenditures	-322	-457.5	-221	-89	-
Sale of Property, Plant & Equipment	-	-	25	-	-
Sale (Purchase) of Intangibles	-61	-34.5	-35	-29	-
Other Investing Activities	-21	-28.5	-9	-23	-
Investing Cash Flow	-404	-520.5	-240	-141	-
Total Debt Issued	-	300	-	-	-
Short-Term Debt Repaid	-	-	-	-100	-
Long-Term Debt Repaid	-97	-	-115	-122	-
Total Debt Repaid	-97	-120	-115	-222	-
Net Debt Issued (Repaid)	-97	180	-115	-222	-
Issuance of Common Stock	15	-	1	433	-
Other Financing Activities	-27	-24	-53	-40	-
Financing Cash Flow	-109	156	-167	171	-
Miscellaneous Cash Flow Adjustments	-	-	-	-1	-
Net Cash Flow	78	273	-276	381	-
Free Cash Flow	269	180	-90	263	-
Free Cash Flow Growth	49.44%	-	-	-	-
Free Cash Flow Margin	3.46%	2.93%	-1.70%	5.37%	-
Free Cash Flow Per Share	107.26	72.67	-36.66	128.95	-
Cash Interest Paid	3	3	3	5	-
Cash Income Tax Paid	126	36	126	53	-
Levered Free Cash Flow	213.13	-	59.25	136.5	-
Unlevered Free Cash Flow	215	-	61.13	139.63	-
Change in Working Capital	72	-37.5	-14	-148	-

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