Maruhachi Securities 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	1,002	603	766	117	449
Depreciation & Amortization, Total	50	52	57	51	34
Gain (Loss) On Sale of Investments	-229	-134	-63	28	-39
Change in Other Net Operating Assets	376	-139	849	-	-425
Other Operating Activities	-120	-417	19	-127	-253
Operating Cash Flow	1,079	-35	1,628	69	-234
Capital Expenditures	-23	-24	-53	-128	-24
Sale (Purchase) of Intangibles	-	-8	-4	-	-3
Investment in Securities	22	-677	-255	-865	358
Other Investing Activities	-49	214	-214	-30	-27
Investing Cash Flow	-50	-495	-526	-1,023	304
Common Dividends Paid	-239	-319	-119	-159	-199
Financing Cash Flow	-239	-319	-119	-159	-199
Net Cash Flow	789	-850	982	-1,113	-130
Free Cash Flow	1,056	-59	1,575	-59	-258
Free Cash Flow Margin	29.66%	-1.92%	48.33%	-2.36%	-9.02%
Free Cash Flow Per Share	264.59	-14.78	394.64	-14.78	-64.64
Cash Income Tax Paid	122	418	-19	128	254

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