TYO:8929 Cash Flow Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	3,756	3,404	3,134	2,477	2,010
Depreciation & Amortization	493	223	293	306	310
Loss (Gain) From Sale of Assets	22	-	-	22	10
Loss (Gain) From Sale of Investments	-24	75	224	-	-34
Other Operating Activities	-1,137	-1,391	-1,053	-327	-218
Change in Accounts Receivable	-308	513	-231	-114	-45
Change in Inventory	-2,967	3,249	95	-1,653	196
Change in Accounts Payable	44	455	117	273	243
Change in Other Net Operating Assets	1,024	134	-91	1,235	-83
Operating Cash Flow	903	6,662	2,488	2,219	2,389
Operating Cash Flow Growth	-86.45%	167.77%	12.12%	-7.12%	23.02%
Capital Expenditures	-49	-48	-30	-115	-163
Cash Acquisitions	-	-2,068	-	-	-
Divestitures	-	-	-	1	-
Sale (Purchase) of Intangibles	-85	-17	-15	-11	-56
Investment in Securities	1,029	-517	290	-1,128	-387
Other Investing Activities	6	-9	-33	-3	-25
Investing Cash Flow	901	-2,659	212	-1,256	-631
Short-Term Debt Issued	-	-	200	-	100
Long-Term Debt Issued	2,970	1,500	2,000	3,800	2,000
Total Debt Issued	2,970	1,500	2,200	3,800	2,100
Short-Term Debt Repaid	-100	-	-	-200	-
Long-Term Debt Repaid	-2,628	-4,150	-2,162	-2,055	-1,682
Total Debt Repaid	-2,728	-4,150	-2,162	-2,255	-1,682
Net Debt Issued (Repaid)	242	-2,650	38	1,545	418
Issuance of Common Stock	17	72	-	44	29
Repurchase of Common Stock	-	-2,099	-	-	-167
Common Dividends Paid	-1,148	-1,071	-896	-726	-664
Other Financing Activities	1	-20	-	19	10
Financing Cash Flow	-888	-5,768	-858	882	-374
Foreign Exchange Rate Adjustments	-	6	49	92	54
Miscellaneous Cash Flow Adjustments	-1	-	1	1	-1
Net Cash Flow	915	-1,759	1,892	1,938	1,437
Free Cash Flow	854	6,614	2,458	2,104	2,226
Free Cash Flow Growth	-87.09%	169.08%	16.83%	-5.48%	18.85%
Free Cash Flow Margin	2.04%	14.50%	6.81%	5.85%	9.19%
Free Cash Flow Per Share	35.58	271.89	100.98	86.60	91.53
Cash Interest Paid	127	68	67	69	94
Cash Income Tax Paid	1,145	1,402	1,061	339	199
Levered Free Cash Flow	-236.38	3,290	1,999	1,285	1,526
Unlevered Free Cash Flow	-150.13	3,338	2,047	1,335	1,572
Change in Working Capital	-2,207	4,351	-110	-259	311

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.