Kurashiru 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	2,174	1,692	1,483	1,315
Depreciation & Amortization	193.69	187.12	196.79	87.38
Other Amortization	2.67	2.67	-	-
Loss (Gain) From Sale of Assets	0.27	0.27	0.39	-
Asset Writedown & Restructuring Costs	1.96	-	-	196.79
Loss (Gain) From Sale of Investments	10.2	10.2	-	-
Other Operating Activities	-135.72	146.5	-353.9	556.52
Change in Accounts Receivable	-606.93	-607.5	-295.87	50.57
Change in Inventory	-0.57	-0.13	-1.69	-0.83
Change in Accounts Payable	220.61	220.61	125.36	-171.72
Change in Unearned Revenue	19.23	-5.3	3.47	-12.48
Change in Income Taxes	127.06	65.88	-	-
Change in Other Net Operating Assets	401.54	402.54	248.97	6.42
Operating Cash Flow	2,418	2,114	1,406	2,028
Operating Cash Flow Growth	71.97%	50.38%	-30.67%	-
Capital Expenditures	-54.3	-66.95	-20.8	-27.85
Sale (Purchase) of Intangibles	-11.47	-6.64	-9.9	-
Investment in Securities	-511.05	-188.32	-	50.01
Other Investing Activities	0.82	-52.34	118.16	-847.08
Investing Cash Flow	-575.99	-314.25	87.46	-824.91
Issuance of Common Stock	130.65	0.9	-	5.6
Financing Cash Flow	128.72	0.9	-	5.6
Miscellaneous Cash Flow Adjustments	0	-	0	-0
Net Cash Flow	1,971	1,801	1,494	1,209
Free Cash Flow	2,364	2,047	1,385	2,000
Free Cash Flow Growth	70.64%	47.80%	-30.75%	-
Free Cash Flow Margin	14.69%	15.63%	14.00%	28.69%
Free Cash Flow Per Share	52.83	45.87	33.53	48.42
Cash Interest Paid	0.3	-	-	0.99
Cash Income Tax Paid	1,134	921.51	1,192	-1.37
Levered Free Cash Flow	-	2,079	1,378	-
Unlevered Free Cash Flow	-	2,079	1,378	-
Change in Working Capital	160.93	76.1	80.23	-128.03

Source: S&P Capital IQ. Standard template. Financial Sources.