Village Vanguard CO.,LTD. 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	FY 2021	2016 - 2020
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	May '21 May 31, 2021	2016 - 2020
Net Income	-3,396	-4,198	-1,094	89	140	43	Upgrade
Depreciation & Amortization	177	215	277	291	314	328	Upgrade
Loss (Gain) From Sale of Assets	653	709	159	62	243	47	Upgrade
Other Operating Activities	-62	-25	-26	-164	-117	-66	Upgrade
Change in Accounts Receivable	116	-201	66	-22	-455	-107	Upgrade
Change in Inventory	4,398	4,540	-1,217	-106	1,138	-381	Upgrade
Change in Accounts Payable	264	-1,034	838	-216	-106	1,922	Upgrade
Change in Other Net Operating Assets	5	488	61	13	293	437	Upgrade
Operating Cash Flow	2,155	494	-936	-53	1,450	2,223	Upgrade
Operating Cash Flow Growth	-	-	-	-	-34.77%	-	Upgrade
Capital Expenditures	-116	-129	-217	-130	-67	-15	Upgrade
Sale (Purchase) of Intangibles	-39	-34	-80	-30	-125	-145	Upgrade
Other Investing Activities	-143	-109	-109	2	-50	-54	Upgrade
Investing Cash Flow	-298	-272	-406	-158	-242	-214	Upgrade
Short-Term Debt Issued	-	214	6	4	-	-	Upgrade
Long-Term Debt Issued	-	2,290	3,290	3,360	5,707	4,600	Upgrade
Total Debt Issued	1,129	2,504	3,296	3,364	5,707	4,600	Upgrade
Short-Term Debt Repaid	-	-	-	-	-92	-2,001	Upgrade
Long-Term Debt Repaid	-	-2,758	-3,425	-3,999	-5,353	-3,855	Upgrade
Total Debt Repaid	-1,324	-2,758	-3,425	-3,999	-5,445	-5,856	Upgrade
Net Debt Issued (Repaid)	-195	-254	-129	-635	262	-1,256	Upgrade
Common Dividends Paid	-	-120	-120	-120	-120	-121	Upgrade
Other Financing Activities	-58	-72	-92	-108	-138	-174	Upgrade
Financing Cash Flow	-253	-446	-341	-863	4	-1,551	Upgrade
Foreign Exchange Rate Adjustments	-1	3	-	-	1	-	Upgrade
Miscellaneous Cash Flow Adjustments	-	1	-1	-1	-	-2	Upgrade
Net Cash Flow	1,603	-220	-1,684	-1,075	1,213	456	Upgrade
Free Cash Flow	2,039	365	-1,153	-183	1,383	2,208	Upgrade
Free Cash Flow Growth	-	-	-	-	-37.36%	-	Upgrade
Free Cash Flow Margin	8.52%	1.46%	-4.65%	-0.72%	5.17%	7.80%	Upgrade
Free Cash Flow Per Share	260.02	46.54	-146.99	-23.32	176.16	281.09	Upgrade
Cash Interest Paid	196	176	153	128	136	147	Upgrade
Cash Income Tax Paid	64	31	25	165	119	45	Upgrade
Levered Free Cash Flow	4,877	3,519	-1,014	-321.75	1,018	1,854	Upgrade
Unlevered Free Cash Flow	4,997	3,632	-921.25	-241.13	1,103	1,945	Upgrade
Change in Working Capital	4,783	3,793	-252	-331	870	1,871	Upgrade

Updated Nov 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.