| JPY billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 6.9 | 13.4 | 15.0 | 15.2 | 19.2 | 18.2 | −5.6% | |
| Depreciation & amortization | 2.2 | 2.6 | 3.1 | 4.1 | 4.7 | 5.3 | +13.7% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 0.1 | (3.6) | (0.9) | (2.5) | (0.4) | (5.5) | −1423.7% | |
| Operating cash flow | 10.7 | 14.8 | 15.6 | 17.2 | 25.4 | 16.9 | −33.2% | |
| Capital expenditure | (5.5) | (3.7) | (8.7) | (11.3) | (10.0) | (22.5) | −125.1% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (5.4) | (3.5) | (8.8) | (10.8) | (7.7) | (21.8) | −183.2% | |
| Dividends paid | (0.7) | (0.9) | (0.9) | (1.0) | (1.1) | (1.2) | −8.9% | |
| Share buybacks | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | −500.0% | |
| Debt issued / repaid | (0.1) | (0.3) | (1.0) | (0.3) | (0.4) | 0.0 | +100.0% | |
| Financing cash flow | (0.8) | (1.1) | (1.9) | (1.4) | (1.5) | (1.2) | +19.6% | |
| Free cash flow | 5.2 | 11.0 | 7.0 | 6.0 | 15.4 | (5.5) | −136.1% | |
| Net change in cash | 4.8 | 10.5 | 5.2 | 5.4 | 16.6 | (4.4) | −126.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
