Bizmates 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	264	335	317	-	-
Depreciation & Amortization	127	116	74	-	-
Loss (Gain) From Sale of Assets	3	5	-	-	-
Other Operating Activities	-86	-152	-90	-	-
Change in Accounts Receivable	10	1	-19	-	-
Change in Accounts Payable	-76	73	-64	-	-
Change in Other Net Operating Assets	-18	52	35	-	-
Operating Cash Flow	224	430	253	-	-
Operating Cash Flow Growth	-47.91%	69.96%	-	-	-
Capital Expenditures	-18	-225	-14	-	-
Sale (Purchase) of Intangibles	-155	-140	-109	-	-
Other Investing Activities	76	-	-79	-	-
Investing Cash Flow	-97	-365	-202	-	-
Long-Term Debt Issued	-	160	-	-	-
Long-Term Debt Repaid	-53	-54	-63	-	-
Net Debt Issued (Repaid)	-53	106	-63	-	-
Issuance of Common Stock	7	7	597	-	-
Common Dividends Paid	-48	-	-	-	-
Other Financing Activities	1	1	-15	-	-
Financing Cash Flow	-93	114	519	-	-
Foreign Exchange Rate Adjustments	-3	9	6	-	-
Miscellaneous Cash Flow Adjustments	-1	1	1	-	-
Net Cash Flow	30	189	577	-	-
Free Cash Flow	206	205	239	-	-
Free Cash Flow Growth	0.49%	-14.23%	-	-	-
Free Cash Flow Margin	5.90%	5.90%	7.62%	-	-
Free Cash Flow Per Share	62.86	62.95	75.23	-	-
Cash Interest Paid	1	-	-	-	-
Cash Income Tax Paid	86	137	91	-	-
Levered Free Cash Flow	25.88	115.88	132.13	-	-
Unlevered Free Cash Flow	26.5	115.88	132.13	-	-
Change in Working Capital	-84	126	-48	-	-

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