f-code 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 2019
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '19 Dec 31, 2019
Net Income	1,452	1,322	612	-
Depreciation & Amortization	211.17	89	65	-
Loss (Gain) From Sale of Assets	-	283	-	-
Asset Writedown & Restructuring Costs	2,339	-	-	-
Other Operating Activities	-2,094	-120	-47	-
Change in Accounts Receivable	-659.82	-537	-118	-
Change in Accounts Payable	98.45	343	47	-
Change in Other Net Operating Assets	-	-464	319	-
Operating Cash Flow	1,347	916	878	-
Operating Cash Flow Growth	47.04%	4.33%	-	-
Capital Expenditures	-13.14	-5	-18	-
Cash Acquisitions	-3,347	-3,195	-3,019	-
Sale (Purchase) of Intangibles	-241.78	-94	-28	-
Investment in Securities	-79.98	100	-	-
Other Investing Activities	22.29	106	-339	-
Investing Cash Flow	-3,660	-3,088	-3,404	-
Short-Term Debt Issued	218.34	-	-	-
Long-Term Debt Issued	7,297	3,640	4,475	-
Total Debt Issued	7,515	3,640	4,475	-
Short-Term Debt Repaid	-	-244	-158	-
Long-Term Debt Repaid	-2,209	-1,686	-713	-
Total Debt Repaid	-2,209	-1,930	-871	-
Net Debt Issued (Repaid)	5,306	1,710	3,604	-
Issuance of Common Stock	59.22	2,509	2,011	-
Repurchase of Common Stock	-355.93	-	-	-
Other Financing Activities	-877.07	146	-29	-
Financing Cash Flow	4,132	4,365	5,586	-
Foreign Exchange Rate Adjustments	1.05	2	1	-
Miscellaneous Cash Flow Adjustments	-	1	-	-
Net Cash Flow	1,820	2,196	3,061	-
Free Cash Flow	1,334	911	860	-
Free Cash Flow Growth	46.41%	5.93%	-	-
Free Cash Flow Margin	11.17%	17.76%	34.65%	-
Free Cash Flow Per Share	100.98	72.36	79.61	-
Cash Interest Paid	142.73	68	29	-
Cash Income Tax Paid	254.54	163	58	-
Levered Free Cash Flow	-	2,803	-	-
Unlevered Free Cash Flow	-	2,870	-	-
Change in Working Capital	-561.37	-658	248	-

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