Maruhachi 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	-	603	766	117	449	601	Upgrade
Depreciation & Amortization, Total	-	52	57	51	34	23	Upgrade
Gain (Loss) On Sale of Investments	-	-134	-63	28	-39	18	Upgrade
Change in Other Net Operating Assets	-	-139	849	-	-425	-1,100	Upgrade
Other Operating Activities	-	-417	19	-127	-253	-26	Upgrade
Operating Cash Flow	-	-35	1,628	69	-234	-484	Upgrade
Capital Expenditures	-	-24	-53	-128	-24	-58	Upgrade
Sale (Purchase) of Intangibles	-	-8	-4	-	-3	-	Upgrade
Investment in Securities	-	-677	-255	-865	358	940	Upgrade
Other Investing Activities	-	214	-214	-30	-27	4	Upgrade
Investing Cash Flow	-	-495	-526	-1,023	304	907	Upgrade
Common Dividends Paid	-	-319	-119	-159	-199	-119	Upgrade
Financing Cash Flow	-	-319	-119	-159	-199	-119	Upgrade
Net Cash Flow	-	-850	982	-1,113	-130	304	Upgrade
Free Cash Flow	-	-59	1,575	-59	-258	-542	Upgrade
Free Cash Flow Margin	-	-1.92%	48.33%	-2.36%	-9.02%	-17.88%	Upgrade
Free Cash Flow Per Share	-	-14.78	394.64	-14.78	-64.64	-135.81	Upgrade
Cash Income Tax Paid	-	418	-19	128	254	39	Upgrade

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