O.B.System Cash Flow Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025
Net Income	847	695
Depreciation & Amortization	113	65
Loss (Gain) From Sale of Investments	-118	-84
Other Operating Activities	-336	-36
Change in Accounts Receivable	-87	-86
Change in Inventory	1	4
Change in Accounts Payable	-11	-4
Change in Other Net Operating Assets	-80	-93
Operating Cash Flow	329	461
Operating Cash Flow Growth	-28.63%	-
Capital Expenditures	-15	-30
Cash Acquisitions	-247	-407
Investment in Securities	429	-2
Other Investing Activities	-21	-5
Investing Cash Flow	146	-444
Long-Term Debt Repaid	-63	-
Net Debt Issued (Repaid)	-63	-
Common Dividends Paid	-208	-184
Financing Cash Flow	-271	-184
Miscellaneous Cash Flow Adjustments	-1	-
Net Cash Flow	203	-167
Free Cash Flow	314	431
Free Cash Flow Growth	-27.15%	-
Free Cash Flow Margin	3.63%	5.61%
Free Cash Flow Per Share	135.50	187.03
Cash Income Tax Paid	332	32
Levered Free Cash Flow	361.75	-
Unlevered Free Cash Flow	363	-
Change in Working Capital	-177	-179

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