BIPROGY 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	43,845	38,789	34,164	30,001	29,575
Depreciation & Amortization	17,898	17,941	17,860	16,227	16,692
Loss (Gain) From Sale of Assets	2,210	483	763	264	324
Loss (Gain) on Equity Investments	-1,303	-831	-156	-666	-915
Other Operating Activities	-17,930	-12,997	-9,562	-10,303	-7,347
Change in Accounts Receivable	2,671	-378	-2,375	-4,393	-7,303
Change in Inventory	3,868	-2,824	-2,848	-614	-2,459
Change in Accounts Payable	5,695	-1,360	2,179	1,135	1,946
Change in Other Net Operating Assets	612	6,093	1,668	-3,232	-1,078
Operating Cash Flow	57,566	44,916	41,693	28,419	29,435
Operating Cash Flow Growth	28.16%	7.73%	46.71%	-3.45%	-7.82%
Capital Expenditures	-3,936	-3,086	-2,176	-2,733	-1,624
Sale of Property, Plant & Equipment	4	1	1	1	-
Cash Acquisitions	-51,714	-519	-1,838	-668	-
Divestitures	31	26	-	-	-480
Sale (Purchase) of Intangibles	-13,462	-9,909	-10,593	-11,875	-7,441
Investment in Securities	-4,223	3,991	5,735	-513	-2,558
Other Investing Activities	-678	570	321	251	1,146
Investing Cash Flow	-73,978	-8,926	-8,550	-15,537	-10,957
Short-Term Debt Issued	29,662	950	2,300	100	-
Long-Term Debt Issued	6,450	3,250	-	5,700	3,837
Total Debt Issued	36,112	4,200	2,300	5,800	3,837
Long-Term Debt Repaid	-6,474	-4,205	-2,300	-5,925	-4,317
Total Debt Repaid	-6,474	-4,205	-2,300	-5,925	-4,317
Net Debt Issued (Repaid)	29,638	-5	-	-125	-480
Repurchase of Common Stock	-10,000	-11,188	-	-	-
Common Dividends Paid	-11,745	-10,435	-8,542	-9,039	-7,026
Other Financing Activities	-9,405	-8,985	-9,079	-8,879	-8,612
Financing Cash Flow	-1,512	-30,613	-17,621	-18,043	-16,118
Foreign Exchange Rate Adjustments	166	162	97	103	62
Miscellaneous Cash Flow Adjustments	-	-1	-1	-	-1
Net Cash Flow	-17,758	5,538	15,618	-5,058	2,421
Free Cash Flow	53,630	41,830	39,517	25,686	27,811
Free Cash Flow Growth	28.21%	5.85%	53.85%	-7.64%	-5.19%
Free Cash Flow Margin	12.37%	10.35%	10.68%	7.56%	8.76%
Free Cash Flow Per Share	549.94	421.98	392.04	254.89	276.05
Cash Interest Paid	538	309	147	148	160
Cash Income Tax Paid	18,031	13,020	9,569	10,307	7,348
Levered Free Cash Flow	34,541	33,380	27,451	12,823	27,451
Unlevered Free Cash Flow	34,916	33,572	27,543	12,915	27,551
Change in Working Capital	12,846	1,531	-1,376	-7,104	-8,894

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