J Frontier 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 2018
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 '18 May 31, 2018
Net Income	-45	248	-1,660	-1,846	701	-
Depreciation & Amortization	719	608	410	296	59	-
Loss (Gain) From Sale of Assets	44	-	836	5	1	-
Loss (Gain) From Sale of Investments	-93	-20	-	-	9	-
Other Operating Activities	-307	-344	-243	-310	-395	-
Change in Accounts Receivable	62	231	466	-288	-476	-
Change in Inventory	302	378	-930	-103	10	-
Change in Accounts Payable	105	-884	-180	560	-287	-
Change in Other Net Operating Assets	-163	292	-134	-144	12	-
Operating Cash Flow	624	509	-1,435	-1,830	-366	-
Capital Expenditures	-72	-38	-91	-100	-8	-
Sale of Property, Plant & Equipment	19	9	-	-	-	-
Cash Acquisitions	-837	-	-950	-576	-855	-
Divestitures	-	115	-	-	-	-
Sale (Purchase) of Intangibles	-21	-23	-17	-4	-2	-
Investment in Securities	-14	-185	-	-100	30	-
Other Investing Activities	251	295	-55	-15	30	-
Investing Cash Flow	-672	470	-1,792	-1,132	-860	-
Short-Term Debt Issued	-	373	669	108	-	-
Long-Term Debt Issued	-	145	2,977	1,500	200	-
Total Debt Issued	1,191	518	3,646	1,608	200	-
Long-Term Debt Repaid	-	-1,268	-1,016	-386	-78	-
Net Debt Issued (Repaid)	-87	-750	2,630	1,222	122	-
Issuance of Common Stock	701	502	762	228	2,894	-
Repurchase of Common Stock	-1	-1	-	-	-453	-
Other Financing Activities	-375	-374	-2	1	1	-
Financing Cash Flow	238	-623	3,390	1,451	2,564	-
Foreign Exchange Rate Adjustments	-	-	1	-	-	-
Miscellaneous Cash Flow Adjustments	2	-	-	131	-1	-
Net Cash Flow	192	356	164	-1,380	1,337	-
Free Cash Flow	552	471	-1,526	-1,930	-374	-
Free Cash Flow Margin	2.59%	2.19%	-8.62%	-11.46%	-3.15%	-
Free Cash Flow Per Share	106.62	93.17	-311.62	-417.10	-80.94	-
Cash Interest Paid	73	65	27	11	1	-
Cash Income Tax Paid	305	339	245	309	400	-
Levered Free Cash Flow	1,276	1,266	-987.75	-1,099	-	-
Unlevered Free Cash Flow	1,322	1,303	-970.88	-1,092	-	-
Change in Working Capital	306	17	-778	25	-741	-

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