What does Fast Accounting do with its cash?

Cash conversion (operating CF ÷ operating income)

119.6%

Cash vs. profit gap

¥147.2M（純利益の 72.8%）

Shareholder returns

of net income 6.5% · of FCF 15.8%

Shareholder payments — dividends

of net income 6.5% · of FCF 15.7%

CapEx intensity (capex ÷ revenue)

11.2%

Investing CF relative to operating CF

76.2%

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.