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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	16,889	18,199	3,034	15,354	8,174
Depreciation & Amortization, Total	3,171	3,222	2,697	2,949	3,188
Gain (Loss) On Sale of Investments	-2,214	-1,377	-209	-9,560	193
Change in Other Net Operating Assets	-30,481	-31,239	1,413	-11,528	-53,058
Other Operating Activities	-8,777	4,801	-8,398	-2,556	-1,261
Operating Cash Flow	-20,688	-4,761	-1,359	-4,200	-40,941
Capital Expenditures	-1,389	-164	-295	-674	-805
Sale (Purchase) of Intangibles	-2,078	-1,554	-7,490	-1,535	-2,050
Investment in Securities	6,566	4,089	1,065	9,624	-1,197
Other Investing Activities	2,841	4	8,083	-392	335
Investing Cash Flow	6,180	2,393	1,667	7,041	-3,717
Short-Term Debt Issued	4,099	2,858	11,743	16,902	44,969
Long-Term Debt Issued	-	1,980	812	-	274
Total Debt Issued	4,099	4,838	12,555	16,902	45,243
Long-Term Debt Repaid	-7,172	-1,902	-	-83	-
Total Debt Repaid	-7,172	-1,902	-	-83	-
Net Debt Issued (Repaid)	-3,073	2,936	12,555	16,819	45,243
Issuance of Common Stock	-	-	40	-	-
Repurchase of Common Stock	-1,286	-2,001	-2,500	-1	-
Common Dividends Paid	-6,070	-4,102	-2,966	-2,963	-1,975
Other Financing Activities	-8,073	-1,247	9,455	-591	-664
Financing Cash Flow	-18,502	-4,414	16,584	13,264	42,604
Foreign Exchange Rate Adjustments	-15	516	-8	1,166	805
Net Cash Flow	-33,026	-6,265	4,248	17,271	-1,249
Free Cash Flow	-22,077	-4,925	-1,654	-4,874	-41,746
Free Cash Flow Margin	-27.64%	-5.97%	-2.55%	-6.72%	-63.15%
Free Cash Flow Per Share	-108.84	-23.97	-8.05	-24.48	-209.95
Cash Interest Paid	2,106	1,992	1,654	1,210	1,173
Cash Income Tax Paid	8,083	-5,253	8,425	2,378	1,172

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