Marusan Securities 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	5,325	4,179	1,128	3,993	6,035
Depreciation & Amortization, Total	482	453	518	493	424
Gain (Loss) On Sale of Investments	-1,297	-1	-225	-370	-1,902
Change in Other Net Operating Assets	-2,778	2,842	10,123	-1,809	-6,337
Other Operating Activities	-1,919	35	-556	-2,723	-932
Operating Cash Flow	-160	7,557	10,994	-371	-2,738
Capital Expenditures	-944	-571	-354	-767	-494
Investment in Securities	1,424	-98	298	-124	2,037
Other Investing Activities	24	-68	-4,627	-20	-6
Investing Cash Flow	509	-734	-4,603	-911	1,566
Short-Term Debt Repaid	-920	-50	-	-	-
Total Debt Repaid	-920	-50	-	-	-
Net Debt Issued (Repaid)	-920	-50	-	-	-
Issuance of Common Stock	142	257	1	4	1
Repurchase of Common Stock	-	-	-504	-	-
Common Dividends Paid	-4,273	-2,092	-1,057	-2,054	-1,428
Other Financing Activities	-3	-1	-1	-	-
Financing Cash Flow	-5,054	-1,886	-1,561	-2,050	-1,427
Foreign Exchange Rate Adjustments	-215	453	276	513	368
Net Cash Flow	-4,920	5,390	5,105	-2,819	-2,231
Free Cash Flow	-1,104	6,986	10,640	-1,138	-3,232
Free Cash Flow Growth	-	-34.34%	-	-	-
Free Cash Flow Margin	-5.87%	37.65%	71.54%	-6.12%	-16.94%
Free Cash Flow Per Share	-16.66	106.13	162.08	-17.10	-48.59
Cash Interest Paid	47	52	59	68	114
Cash Income Tax Paid	1,899	-33	561	2,712	913

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