PostPrime Cash Flow Statement

Financials in millions JPY. Fiscal year is June - May.

Millions JPY. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov '25 Nov 30, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022
Net Income	-161.7	175	263.15	186.1	200.85
Depreciation & Amortization	2.44	2	1.81	1	1.69
Other Operating Activities	-17.83	-165	18.54	-32.12	32.9
Change in Accounts Receivable	29.61	2	5.83	-6.68	38.68
Change in Inventory	0.71	-1	0.82	-1.58	-1.56
Change in Accounts Payable	13.08	-15	26.62	21.62	34.64
Change in Unearned Revenue	-31.1	-	11.08	145.22	17.03
Change in Other Net Operating Assets	-246.57	-41	-7.55	46.25	-0.35
Operating Cash Flow	-411.37	-43	320.31	359.8	323.88
Operating Cash Flow Growth	-	-	-10.98%	11.09%	-
Capital Expenditures	-1.98	-1	-3.94	-2.19	-1.69
Sale of Property, Plant & Equipment	-	-	-	-	3.25
Investment in Securities	42.85	-	113.42	-132.65	-
Other Investing Activities	-0.56	-1	-0	115.34	-18.96
Investing Cash Flow	40.31	-2	109.48	-19.49	-17.4
Issuance of Common Stock	54.74	41	0.26	3.21	-
Financing Cash Flow	254.74	41	0.26	3.21	-
Foreign Exchange Rate Adjustments	4.95	-14	7.14	-6.55	-
Miscellaneous Cash Flow Adjustments	0	-1	0	-0	-0
Net Cash Flow	-111.36	-19	437.18	336.96	306.48
Free Cash Flow	-413.34	-44	316.37	357.61	322.19
Free Cash Flow Growth	-	-	-11.53%	10.99%	-
Free Cash Flow Margin	-53.63%	-4.91%	33.47%	45.43%	50.00%
Free Cash Flow Per Share	-40.72	-4.20	31.64	35.76	32.22
Cash Income Tax Paid	71.95	166	75.29	95.47	185.83
Levered Free Cash Flow	-	-54.69	315.42	351.62	-
Unlevered Free Cash Flow	-	-54.69	315.42	351.62	-
Change in Working Capital	-234.27	-55	36.81	204.82	88.45

Source: S&P Global Market Intelligence. Standard template. Financial Sources.