Starts Publishing Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2020 - 2016
Net Income	1,933	2,529	2,366	1,691	917	Upgrade
Depreciation & Amortization	69	68	70	84	124	Upgrade
Loss (Gain) From Sale of Assets	-	-	-	8	8	Upgrade
Loss (Gain) From Sale of Investments	-56	-88	-	-	-	Upgrade
Other Operating Activities	-659	-794	-608	-486	-42	Upgrade
Change in Accounts Receivable	-322	225	-278	-588	-264	Upgrade
Change in Inventory	-78	-7	18	-28	-24	Upgrade
Change in Accounts Payable	42	-165	38	183	171	Upgrade
Change in Other Net Operating Assets	-131	-82	92	381	321	Upgrade
Operating Cash Flow	798	1,686	1,698	1,245	1,211	Upgrade
Operating Cash Flow Growth	-52.67%	-0.71%	36.39%	2.81%	1885.25%	Upgrade
Capital Expenditures	-7	-3	-9	-44	-2	Upgrade
Cash Acquisitions	-154	-	-	-	-	Upgrade
Sale (Purchase) of Intangibles	-62	-50	-60	-50	-44	Upgrade
Investment in Securities	-720	89	-17	-2	-6	Upgrade
Other Investing Activities	-2	-3	-6	-7	-2	Upgrade
Investing Cash Flow	-985	33	-92	-103	-54	Upgrade
Common Dividends Paid	-459	-344	-115	-76	-67	Upgrade
Financing Cash Flow	-459	-344	-115	-76	-67	Upgrade
Miscellaneous Cash Flow Adjustments	1	-1	-1	-1	-	Upgrade
Net Cash Flow	-645	1,374	1,490	1,065	1,090	Upgrade
Free Cash Flow	791	1,683	1,689	1,201	1,209	Upgrade
Free Cash Flow Growth	-53.00%	-0.36%	40.63%	-0.66%	2848.78%	Upgrade
Free Cash Flow Margin	9.71%	19.61%	20.25%	17.10%	21.62%	Upgrade
Free Cash Flow Per Share	206.01	438.32	439.88	625.57	314.87	Upgrade
Cash Income Tax Paid	655	793	612	487	43	Upgrade
Levered Free Cash Flow	535.13	1,378	1,322	970.88	1,131	Upgrade
Unlevered Free Cash Flow	535.13	1,378	1,322	970.88	1,131	Upgrade
Change in Working Capital	-489	-29	-130	-52	204	Upgrade

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