Starts Publishing Cash Flow Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2015
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019 - 2015
Net Income	1,960	2,529	2,366	1,691	917	262	Upgrade
Depreciation & Amortization	68	68	70	84	124	131	Upgrade
Loss (Gain) From Sale of Assets	-	-	-	8	8	-	Upgrade
Loss (Gain) From Sale of Investments	-49	-88	-	-	-	-	Upgrade
Other Operating Activities	-657	-794	-608	-486	-42	-219	Upgrade
Change in Accounts Receivable	108	225	-278	-588	-264	77	Upgrade
Change in Inventory	-51	-7	18	-28	-24	40	Upgrade
Change in Accounts Payable	-48	-165	38	183	171	39	Upgrade
Change in Other Net Operating Assets	-210	-82	92	381	321	-269	Upgrade
Operating Cash Flow	1,121	1,686	1,698	1,245	1,211	61	Upgrade
Operating Cash Flow Growth	-43.04%	-0.71%	36.39%	2.81%	1885.25%	-87.82%	Upgrade
Capital Expenditures	-7	-3	-9	-44	-2	-20	Upgrade
Sale (Purchase) of Intangibles	-65	-50	-60	-50	-44	-77	Upgrade
Investment in Securities	45	89	-17	-2	-6	-	Upgrade
Other Investing Activities	-3	-3	-6	-7	-2	-3	Upgrade
Investing Cash Flow	-224	33	-92	-103	-54	-100	Upgrade
Common Dividends Paid	-459	-344	-115	-76	-67	-67	Upgrade
Financing Cash Flow	-459	-344	-115	-76	-67	-67	Upgrade
Miscellaneous Cash Flow Adjustments	-2	-1	-1	-1	-	-	Upgrade
Net Cash Flow	436	1,374	1,490	1,065	1,090	-106	Upgrade
Free Cash Flow	1,114	1,683	1,689	1,201	1,209	41	Upgrade
Free Cash Flow Growth	-43.28%	-0.36%	40.63%	-0.66%	2848.78%	-91.73%	Upgrade
Free Cash Flow Margin	14.01%	19.61%	20.25%	17.10%	21.62%	0.92%	Upgrade
Free Cash Flow Per Share	290.13	438.32	439.88	625.57	314.87	10.68	Upgrade
Cash Income Tax Paid	655	793	612	487	43	217	Upgrade
Levered Free Cash Flow	794.63	1,378	1,322	970.88	1,131	-116.75	Upgrade
Unlevered Free Cash Flow	794.63	1,378	1,322	970.88	1,131	-116.75	Upgrade
Change in Working Capital	-201	-29	-130	-52	204	-113	Upgrade

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