Japan Communications Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	1,001	964	1,547	780	299	-270
Depreciation & Amortization	279.08	198	175	75	22	8
Loss (Gain) on Equity Investments	-25.55	-16	-18	-15	-5	-10
Other Operating Activities	-203.56	-276	-92	-40	-6	-31
Change in Accounts Receivable	-74.19	-71	-145	-192	-36	-32
Change in Inventory	-7.47	9	5	-30	25	28
Change in Accounts Payable	222.59	116	-274	207	-355	456
Change in Other Net Operating Assets	159.55	6	-127	66	77	270
Operating Cash Flow	1,355	930	1,071	851	21	419
Operating Cash Flow Growth	18.14%	-13.16%	25.85%	3952.38%	-94.99%	-
Capital Expenditures	-331.98	-257	-95	-40	-98	-19
Sale (Purchase) of Intangibles	-1,727	-545	-121	-110	-171	-36
Investment in Securities	-15.04	-	-2	-50	-	-
Other Investing Activities	-79.98	-2	5	-	-2	2
Investing Cash Flow	-2,154	-1,104	-213	-200	-271	-53
Long-Term Debt Issued	-	1,971	-	-	-	-
Total Debt Issued	1,972	1,971	-	-	-	-
Long-Term Debt Repaid	-	-	-	-	-9	-21
Total Debt Repaid	-156.45	-	-	-	-9	-21
Net Debt Issued (Repaid)	1,815	1,971	-	-	-9	-21
Issuance of Common Stock	-	-	-8	-	-	4
Other Financing Activities	-	-14	83	-1	159	23
Financing Cash Flow	1,815	1,957	75	-1	150	6
Foreign Exchange Rate Adjustments	1.51	-	3	2	2	1
Miscellaneous Cash Flow Adjustments	-0	-1	1	-1	2	1
Net Cash Flow	1,017	1,782	937	651	-96	374
Free Cash Flow	1,023	673	976	811	-77	400
Free Cash Flow Growth	11.87%	-31.05%	20.34%	-	-	-
Free Cash Flow Margin	9.15%	7.29%	13.19%	13.35%	-1.66%	11.44%
Free Cash Flow Per Share	6.15	4.06	5.91	4.88	-0.47	2.44
Cash Interest Paid	16.21	2	1	-	-	-
Cash Income Tax Paid	122.2	275	167	41	4	4
Levered Free Cash Flow	-868.89	-92	244.25	457.5	-436.25	530.13
Unlevered Free Cash Flow	-852.17	-90.75	244.88	458.13	-435	531.38
Change in Working Capital	261.35	60	-541	51	-289	722

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