Shirohato Cash Flow Statement

Financials in millions JPY. Fiscal year is December - November.

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov '25 Nov 30, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Net Income	701.33	2	-77	36	-219
Depreciation & Amortization	174.67	191	206	224	252
Loss (Gain) From Sale of Assets	-901.33	-	2	-	49
Other Operating Activities	-16	1	-17	-7	35
Change in Accounts Receivable	-302.67	-18	-40	50	-45
Change in Inventory	-444	138	-114	-98	265
Change in Accounts Payable	457.33	-12	-91	25	49
Change in Other Net Operating Assets	-48	24	-27	-238	355
Operating Cash Flow	-378.67	326	-158	-8	741
Capital Expenditures	-5.33	-2	-4	-2	-57
Sale of Property, Plant & Equipment	1,707	-	-	-	-
Sale (Purchase) of Intangibles	-22.67	-34	-44	-7	-6
Other Investing Activities	-73.33	-	4	276	-28
Investing Cash Flow	1,605	-36	-44	267	-91
Short-Term Debt Issued	-	200	-	-	-
Long-Term Debt Issued	-	-	2,112	-	-
Total Debt Issued	1,441	200	2,112	-	-
Short-Term Debt Repaid	-	-	-1,000	-	-614
Long-Term Debt Repaid	-	-128	-1,409	-75	-75
Total Debt Repaid	-2,548	-128	-2,409	-75	-689
Net Debt Issued (Repaid)	-1,107	72	-297	-75	-689
Other Financing Activities	-	-1	1	-	-
Financing Cash Flow	-1,107	71	-296	-75	-689
Miscellaneous Cash Flow Adjustments	-1.33	-	-1	-	-1
Net Cash Flow	118.67	361	-499	184	-40
Free Cash Flow	-384	324	-162	-10	684
Free Cash Flow Margin	-6.38%	5.16%	-2.54%	-0.16%	10.98%
Free Cash Flow Per Share	-57.69	48.68	-24.34	-1.50	102.77
Cash Interest Paid	38.67	27	34	30	11
Cash Income Tax Paid	4	3	3	3	-
Levered Free Cash Flow	-	309.75	-147.5	85.63	834.88
Unlevered Free Cash Flow	-	328.5	-134.38	101.25	853.63
Change in Working Capital	-337.33	132	-272	-261	624

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