Delivery Consulting Cash Flow Statement

Financials in millions JPY. Fiscal year is August - July.

Millions JPY. Fiscal year is Aug - Jul.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022	Jul '21 Jul 31, 2021
Net Income	60	210	50	343	265
Depreciation & Amortization	20	21	16	10	11
Loss (Gain) From Sale of Assets	-	-	-	16	-
Other Operating Activities	-84	42	-128	-104	-31
Change in Accounts Receivable	-103	-20	-28	1	-45
Change in Inventory	5	-1	3	-1	16
Change in Accounts Payable	-23	57	-44	-7	31
Change in Other Net Operating Assets	59	-52	18	-28	65
Operating Cash Flow	-66	257	-113	230	312
Operating Cash Flow Growth	-	-	-	-26.28%	-
Capital Expenditures	-8	-16	-66	-15	-6
Sale (Purchase) of Intangibles	-2	-15	-	-	-
Investment in Securities	-	-	-	-	-1
Other Investing Activities	1	-	6	-76	16
Investing Cash Flow	-9	-31	-60	-91	9
Long-Term Debt Issued	-	-	-	-	130
Short-Term Debt Repaid	-	-	-	-	-38
Long-Term Debt Repaid	-22	-27	-47	-67	-122
Total Debt Repaid	-22	-27	-47	-67	-160
Net Debt Issued (Repaid)	-22	-27	-47	-67	-30
Issuance of Common Stock	2	17	1	97	194
Repurchase of Common Stock	-	-43	-	-	-
Other Financing Activities	1	-1	1	-1	1
Financing Cash Flow	-19	-54	-45	29	165
Foreign Exchange Rate Adjustments	-	-	-	1	-
Miscellaneous Cash Flow Adjustments	-2	-1	-1	1	1
Net Cash Flow	-96	171	-219	170	487
Free Cash Flow	-74	241	-179	215	306
Free Cash Flow Growth	-	-	-	-29.74%	-
Free Cash Flow Margin	-2.70%	8.92%	-8.17%	10.09%	17.09%
Free Cash Flow Per Share	-13.92	44.90	-33.41	39.67	55.89
Cash Interest Paid	-	-	-	1	1
Cash Income Tax Paid	86	-43	126	103	34
Levered Free Cash Flow	-83.5	200.5	-199.5	189.38	271.5
Unlevered Free Cash Flow	-83.5	200.5	-199.5	190	272.75
Change in Working Capital	-62	-16	-51	-35	67

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