What does AI do with its cash?

Cash conversion (operating CF ÷ operating income)

76.5%

Cash vs. profit gap

-¥34M（純利益の -30.7%）

Shareholder returns

of net income 73.4% · of FCF 163.0%

Shareholder payments — dividends

of net income 0.3% · of FCF 0.6%

CapEx intensity (capex ÷ revenue)

1.5%

Investing CF relative to operating CF

543.0%

Nonpositive profit and free cash flow are omitted as ratio denominators. Amounts use the period's reported currency.

• Operating cash flow is the cash the core business actually brought in, including changes in receivables and inventory.
• Free cash flow = operating cash flow − capital expenditure: a gauge of cash available for other uses.
• Large "borrowing" or "cash drawdown" flows mean the company spent more than it generated that year.