| JPY billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 32.3 | 54.8 | 34.9 | 59.2 | 74.7 | 100.0 | +33.9% | |
| Depreciation & amortization | 19.2 | 17.9 | 23.8 | 23.3 | 28.5 | 34.2 | +20.0% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 9.0 | (5.0) | (12.4) | 1.0 | (0.2) | (9.9) | −4679.2% | |
| Operating cash flow | 69.8 | 96.5 | 36.1 | 103.1 | 114.6 | 135.7 | +18.4% | |
| Capital expenditure | (23.6) | (23.1) | (43.8) | (29.3) | (66.9) | (55.7) | +16.7% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (22.4) | (23.0) | (42.8) | (29.2) | (67.9) | (55.3) | +18.5% | |
| Dividends paid | (3.9) | (11.6) | (20.0) | (16.8) | (18.3) | (24.7) | −35.2% | |
| Share buybacks | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 37.1 | (5.7) | 0.0 | 0.0 | 0.0 | (20.0) | — | |
| Financing cash flow | 22.4 | (27.9) | (27.5) | (24.2) | (25.8) | (51.9) | −101.3% | |
| Free cash flow | 46.2 | 73.4 | (7.7) | 73.7 | 47.8 | 80.0 | +67.5% | |
| Net change in cash | 71.0 | 48.3 | (31.4) | 49.1 | 14.4 | 44.8 | +210.1% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
