Bitcoin Japan 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
Period Ending	Sep '25 Sep 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
Net Income	-475	-397	26	-75	-194	-800
Depreciation & Amortization	12	9	6	4	1	17
Loss (Gain) From Sale of Assets	42	-	-1	-	-	31
Loss (Gain) From Sale of Investments	-	-	-39	-	-	-
Other Operating Activities	-8	-8	-9	-2	11	18
Change in Accounts Receivable	76	222	26	39	73	268
Change in Inventory	-34	-117	-33	-99	-68	630
Change in Accounts Payable	15	-65	16	-32	11	-234
Change in Other Net Operating Assets	101	26	82	-96	-57	-54
Operating Cash Flow	-271	-330	74	-261	-223	-124
Capital Expenditures	-14	-18	-12	-14	-	-3
Sale of Property, Plant & Equipment	-	-	1	-	-	5
Divestitures	-	-	65	-	-	-
Sale (Purchase) of Intangibles	-	-	-	-	-	-4
Investment in Securities	-61	-1	-1	-	-	-
Other Investing Activities	-7	8	1	-1	9	1
Investing Cash Flow	18	379	-646	185	-991	-1
Foreign Exchange Rate Adjustments	-24	5	14	13	24	4
Miscellaneous Cash Flow Adjustments	-1	-	1	1	-	1
Net Cash Flow	-278	54	-557	-62	-1,190	-120
Free Cash Flow	-285	-348	62	-275	-223	-127
Free Cash Flow Margin	-9.44%	-11.23%	1.68%	-7.11%	-6.02%	-3.36%
Free Cash Flow Per Share	-5.07	-6.19	1.10	-4.89	-3.96	-2.26
Cash Income Tax Paid	6	8	7	8	10	8
Levered Free Cash Flow	25.75	214.13	-701.38	-68.5	-1,125	317
Unlevered Free Cash Flow	25.75	214.13	-701.38	-68.5	-1,125	317
Change in Working Capital	158	66	91	-188	-41	610

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.