PayPay 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
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023
Net Income	111,208	36,170	-3,350	-25,856
Depreciation & Amortization	12,018	8,658	7,781	14,655
Other Amortization	12,733	12,733	10,810	-
Loss (Gain) From Sale of Assets	730	696	1,495	324
Other Operating Activities	-44,356	5,047	-8,174	13,563
Change in Accounts Receivable	-9,743	-3,266	50,350	-45,580
Change in Accounts Payable	160,603	145,558	130,744	19,800
Change in Other Net Operating Assets	76,466	-49,747	-139,681	-171,608
Operating Cash Flow	319,659	155,849	49,975	-194,702
Operating Cash Flow Growth	539.64%	211.85%	-	-
Capital Expenditures	-6,619	-4,822	-4,584	-10,284
Cash Acquisitions	-	-5,759	-	-
Divestitures	-	-	-	4,596
Sale (Purchase) of Intangibles	-17,727	-17,264	-17,911	-19,097
Investment in Securities	-535,825	-286,789	-247,572	46,643
Other Investing Activities	-5,230	-5,343	-3,316	168,156
Investing Cash Flow	-565,401	-319,977	-273,383	190,014
Short-Term Debt Issued	-	-	30,000	85,000
Long-Term Debt Issued	-	842,300	595,100	519,000
Total Debt Issued	1,405,990	842,300	625,100	604,000
Short-Term Debt Repaid	-	-128,700	-	-
Long-Term Debt Repaid	-	-920,718	-518,831	-545,787
Total Debt Repaid	-1,332,912	-1,049,418	-518,831	-545,787
Net Debt Issued (Repaid)	73,078	-207,118	106,269	58,213
Common Dividends Paid	-311	-283	-179	-4,929
Other Financing Activities	-133,094	-2,924	1,840	-21,298
Financing Cash Flow	61,004	-210,325	107,930	31,986
Foreign Exchange Rate Adjustments	-108	-59	488	419
Net Cash Flow	-184,846	-374,512	-114,990	27,717
Free Cash Flow	313,040	151,027	45,391	-204,986
Free Cash Flow Growth	589.65%	232.72%	-	-
Free Cash Flow Margin	88.05%	50.72%	17.95%	-102.80%
Free Cash Flow Per Share	509.80	274.60	82.53	-465.14
Cash Income Tax Paid	12,513	6,282	3,866	3,574
Levered Free Cash Flow	-	44,200	1,130,895	-
Unlevered Free Cash Flow	-	44,200	1,130,895	-
Change in Working Capital	227,326	92,545	41,413	-197,388

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

SEC Filings: 10-K · 10-Q