Marvelous 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	2,558	1,648	-656	2,932	5,065
Depreciation & Amortization	2,784	1,817	1,455	2,775	1,462
Loss (Gain) From Sale of Assets	298	152	113	-	-
Loss (Gain) From Sale of Investments	-	-	85	-	-10
Other Operating Activities	439	-23	-1,767	-1,382	-1,269
Change in Accounts Receivable	-28	-502	165	864	-694
Change in Inventory	4,597	-2,564	-755	-3,593	-2,012
Change in Accounts Payable	-26	-1,039	1,486	62	-65
Change in Other Net Operating Assets	722	410	2,766	-682	343
Operating Cash Flow	11,344	-101	2,892	976	2,820
Operating Cash Flow Growth	-	-	196.31%	-65.39%	-35.65%
Capital Expenditures	-573	-2,172	-1,795	-310	-214
Sale of Property, Plant & Equipment	-	5	43	1	3
Cash Acquisitions	-	-	-	-	-138
Divestitures	-	-	-	-	115
Sale (Purchase) of Intangibles	-963	-1,282	-1,225	-1,731	-856
Investment in Securities	-35	1,000	1,759	-1,354	-3
Other Investing Activities	-17	-48	-35	2	-1
Investing Cash Flow	-1,617	-2,540	-1,288	-3,457	-1,094
Short-Term Debt Repaid	-	-	-160	-	-
Total Debt Repaid	-	-	-160	-	-
Net Debt Issued (Repaid)	-	-	-160	-	-
Common Dividends Paid	-608	-2,007	-2,007	-2,007	-2,007
Financing Cash Flow	-608	-2,007	-2,167	-2,007	-2,007
Foreign Exchange Rate Adjustments	490	-148	688	610	310
Miscellaneous Cash Flow Adjustments	-1	-1	-1	-	-1
Net Cash Flow	9,608	-4,797	124	-3,878	28
Free Cash Flow	10,771	-2,273	1,097	666	2,606
Free Cash Flow Growth	-	-	64.72%	-74.44%	-11.39%
Free Cash Flow Margin	28.36%	-8.13%	3.72%	2.63%	10.13%
Free Cash Flow Per Share	177.82	-37.52	18.12	11.02	43.16
Cash Interest Paid	-	16	-	2	-
Cash Income Tax Paid	-436	49	1,786	1,317	1,272
Levered Free Cash Flow	9,906	-3,629	2,259	-511.63	621
Unlevered Free Cash Flow	9,906	-3,619	2,260	-510.38	621
Change in Working Capital	5,265	-3,695	3,662	-3,349	-2,428

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