Smartvalue Cash Flow Statement

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

Millions JPY. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Net Income	833	1,243	-360	-75	8	-1,433
Depreciation & Amortization	1,026	557	151	146	137	591
Loss (Gain) From Sale of Assets	154	86	47	-	-	483
Loss (Gain) From Sale of Investments	-	-	-	-	-	20
Other Operating Activities	-528	-58	-8	-19	205	-379
Change in Accounts Receivable	121	-22	-	-48	126	-98
Change in Inventory	-38	-	28	-4	46	165
Change in Accounts Payable	558	76	22	-85	50	-264
Change in Other Net Operating Assets	-1,700	-1,419	146	64	24	-23
Operating Cash Flow	426	463	26	-21	596	-938
Operating Cash Flow Growth	65.76%	1680.77%	-	-	-	-
Capital Expenditures	-733	-1,126	-619	-17	-13	-42
Cash Acquisitions	-	-	-	-	-	12
Sale (Purchase) of Intangibles	-163	-175	-100	-35	-64	-268
Investment in Securities	-	-	1,100	-	-1,100	-
Other Investing Activities	2,197	2,191	-27	-2	2	62
Investing Cash Flow	1,301	890	354	-54	-1,175	-236
Short-Term Debt Issued	-	-	-	-	628	200
Long-Term Debt Issued	-	1,783	216	-	358	-
Total Debt Issued	1,221	1,783	216	-	986	200
Short-Term Debt Repaid	-	-360	-127	-139	-	-200
Long-Term Debt Repaid	-	-256	-73	-91	-7	-
Total Debt Repaid	-661	-616	-200	-230	-7	-200
Net Debt Issued (Repaid)	560	1,167	16	-230	979	-
Issuance of Common Stock	-	-	-	177	-	21
Repurchase of Common Stock	-158	-	-	-49	-	-
Common Dividends Paid	-83	-62	-83	-80	-80	-79
Other Financing Activities	-215	-60	173	34	372	-19
Financing Cash Flow	104	1,045	106	-148	1,271	-77
Miscellaneous Cash Flow Adjustments	-2	1	1	-1	1	-
Net Cash Flow	1,829	2,399	487	-224	693	-1,251
Free Cash Flow	-307	-663	-593	-38	583	-980
Free Cash Flow Margin	-5.70%	-15.20%	-15.55%	-0.98%	15.32%	-28.44%
Free Cash Flow Per Share	-29.75	-63.80	-57.06	-3.76	57.93	-97.85
Cash Interest Paid	809	364	8	7	6	-
Cash Income Tax Paid	467	-3	10	18	-203	379
Levered Free Cash Flow	112.25	-357.38	-500.13	-20.25	494.88	-726.13
Unlevered Free Cash Flow	579.75	-168.63	-495.13	-15.88	498.63	-726.13
Change in Working Capital	-1,059	-1,365	196	-73	246	-220

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