Okasan Securities Group 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	21,360	16,889	18,199	3,034	15,354
Depreciation & Amortization, Total	3,422	3,171	3,222	2,697	2,949
Gain (Loss) On Sale of Investments	-6,211	-2,214	-1,377	-209	-9,560
Change in Other Net Operating Assets	2,148	-30,481	-31,239	1,413	-11,528
Other Operating Activities	2,603	-8,777	4,801	-8,398	-2,556
Operating Cash Flow	62,847	-20,688	-4,761	-1,359	-4,200
Capital Expenditures	-2,323	-1,389	-164	-295	-674
Sale (Purchase) of Intangibles	-1,215	-2,078	-1,554	-7,490	-1,535
Investment in Securities	6,308	6,566	4,089	1,065	9,624
Other Investing Activities	1,043	2,841	4	8,083	-392
Investing Cash Flow	4,757	6,180	2,393	1,667	7,041
Short-Term Debt Issued	-	4,099	2,858	11,743	16,902
Long-Term Debt Issued	10,000	-	1,980	812	-
Total Debt Issued	10,000	4,099	4,838	12,555	16,902
Short-Term Debt Repaid	-33,796	-	-	-	-
Long-Term Debt Repaid	-2,812	-7,172	-1,902	-	-83
Total Debt Repaid	-36,608	-7,172	-1,902	-	-83
Net Debt Issued (Repaid)	-26,608	-3,073	2,936	12,555	16,819
Issuance of Common Stock	-	-	-	40	-
Repurchase of Common Stock	-1,501	-1,286	-2,001	-2,500	-1
Common Dividends Paid	-6,019	-6,070	-4,102	-2,966	-2,963
Other Financing Activities	-883	-8,073	-1,247	9,455	-591
Financing Cash Flow	-35,011	-18,502	-4,414	16,584	13,264
Foreign Exchange Rate Adjustments	919	-15	516	-8	1,166
Net Cash Flow	33,511	-33,026	-6,265	4,248	17,271
Free Cash Flow	60,524	-22,077	-4,925	-1,654	-4,874
Free Cash Flow Margin	65.90%	-27.64%	-5.97%	-2.55%	-6.72%
Free Cash Flow Per Share	301.71	-108.84	-23.97	-8.05	-24.48
Cash Interest Paid	3,680	2,106	1,992	1,654	1,210
Cash Income Tax Paid	4,923	8,083	-5,253	8,425	2,378

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