Marusan Securities 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	FY 2022	FY 2021	2020 - 2016
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2020 - 2016
Net Income	-	5,325	4,179	1,128	3,993	6,035	Upgrade
Depreciation & Amortization, Total	-	482	453	518	493	424	Upgrade
Gain (Loss) On Sale of Investments	-	-1,297	-1	-225	-370	-1,902	Upgrade
Change in Other Net Operating Assets	-	-2,778	2,842	10,123	-1,809	-6,337	Upgrade
Other Operating Activities	-	-1,919	35	-556	-2,723	-932	Upgrade
Operating Cash Flow	-	-160	7,557	10,994	-371	-2,738	Upgrade
Capital Expenditures	-	-944	-571	-354	-767	-494	Upgrade
Investment in Securities	-	1,424	-98	298	-124	2,037	Upgrade
Other Investing Activities	-	24	-68	-4,627	-20	-6	Upgrade
Investing Cash Flow	-	509	-734	-4,603	-911	1,566	Upgrade
Short-Term Debt Repaid	-	-920	-50	-	-	-	Upgrade
Total Debt Repaid	-	-920	-50	-	-	-	Upgrade
Net Debt Issued (Repaid)	-	-920	-50	-	-	-	Upgrade
Issuance of Common Stock	-	142	257	1	4	1	Upgrade
Repurchase of Common Stock	-	-	-	-504	-	-	Upgrade
Common Dividends Paid	-	-4,273	-2,092	-1,057	-2,054	-1,428	Upgrade
Other Financing Activities	-	-3	-1	-1	-	-	Upgrade
Financing Cash Flow	-	-5,054	-1,886	-1,561	-2,050	-1,427	Upgrade
Foreign Exchange Rate Adjustments	-	-215	453	276	513	368	Upgrade
Net Cash Flow	-	-4,920	5,390	5,105	-2,819	-2,231	Upgrade
Free Cash Flow	-	-1,104	6,986	10,640	-1,138	-3,232	Upgrade
Free Cash Flow Growth	-	-	-34.34%	-	-	-	Upgrade
Free Cash Flow Margin	-	-5.87%	37.65%	71.54%	-6.12%	-16.94%	Upgrade
Free Cash Flow Per Share	-	-16.66	106.13	162.08	-17.10	-48.59	Upgrade
Cash Interest Paid	-	47	52	59	68	114	Upgrade
Cash Income Tax Paid	-	1,899	-33	561	2,712	913	Upgrade

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