Vision 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	6,427	5,305	4,387	2,357	1,131
Depreciation & Amortization	948	935	754	425	136
Loss (Gain) From Sale of Assets	50	176	44	19	8
Loss (Gain) From Sale of Investments	-10	-60	-84	16	27
Loss (Gain) on Equity Investments	9	-17	4	-	-
Other Operating Activities	-2,040	-1,778	-695	-223	-57
Change in Accounts Receivable	-1,085	-2,517	-94	-1,433	-706
Change in Inventory	-226	-53	-70	-28	-78
Change in Accounts Payable	261	245	307	454	687
Change in Other Net Operating Assets	-699	880	501	-48	264
Operating Cash Flow	3,635	3,116	5,054	1,539	1,412
Operating Cash Flow Growth	16.66%	-38.35%	228.39%	8.99%	-
Capital Expenditures	-1,743	-1,042	-1,766	-1,217	-187
Sale of Property, Plant & Equipment	1	6	-	4	-
Cash Acquisitions	4	-	-211	96	-
Divestitures	55	-	-	-	-
Sale (Purchase) of Intangibles	-143	-33	-48	-67	-40
Investment in Securities	11	91	160	9	-
Other Investing Activities	-241	-185	25	-25	-27
Investing Cash Flow	-2,129	-1,163	-1,840	-1,200	-554
Long-Term Debt Issued	1,441	-	-	-	-
Short-Term Debt Repaid	-	-	-	-50	-
Long-Term Debt Repaid	-109	-128	-308	-98	-
Total Debt Repaid	-109	-128	-308	-148	-
Net Debt Issued (Repaid)	1,332	-128	-308	-148	-
Issuance of Common Stock	1,916	281	70	301	47
Repurchase of Common Stock	-1,441	-	-782	-	-
Common Dividends Paid	-1,669	-629	-	-	-
Other Financing Activities	11	-2	-20	-16	-17
Financing Cash Flow	149	-478	-1,040	137	30
Foreign Exchange Rate Adjustments	30	27	50	78	40
Miscellaneous Cash Flow Adjustments	1	-	-	-	23
Net Cash Flow	1,686	1,502	2,224	554	951
Free Cash Flow	1,892	2,074	3,288	322	1,225
Free Cash Flow Growth	-8.77%	-36.92%	921.12%	-73.71%	-
Free Cash Flow Margin	4.85%	5.84%	10.34%	1.26%	6.77%
Free Cash Flow Per Share	38.50	42.60	66.51	6.55	25.24
Cash Interest Paid	7	10	12	12	-
Cash Income Tax Paid	2,040	1,807	727	224	75
Levered Free Cash Flow	1,018	1,783	2,191	106.88	909.63
Unlevered Free Cash Flow	1,023	1,789	2,198	113.75	909.63
Change in Working Capital	-1,749	-1,445	644	-1,055	167

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