First Brothers Cash Flow Statement

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

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Net Income	3,282	2,181	4,686	1,342	4,378
Depreciation & Amortization	1,382	1,335	1,272	1,093	831
Loss (Gain) From Sale of Assets	1,156	6	-231	14	-
Loss (Gain) From Sale of Investments	-4	-	-616	-	-
Other Operating Activities	-581	-1,925	-187	-1,170	-1,547
Change in Accounts Receivable	-151	-40	-	-12	60
Change in Inventory	1,712	2,120	-1,909	-3,561	-4,387
Change in Other Net Operating Assets	624	-177	196	-2,279	966
Operating Cash Flow	7,420	3,500	3,211	-4,573	301
Operating Cash Flow Growth	112.00%	9.00%	-	-	-
Capital Expenditures	-3,563	-4,801	-1,973	-2,552	-
Sale of Property, Plant & Equipment	565	5	682	-	-
Cash Acquisitions	-6	-	-2	-587	-188
Divestitures	5	-	-26	-	-
Sale (Purchase) of Intangibles	-22	-5	-1	-7	-8
Investment in Securities	-50	-51	-52	11	-211
Other Investing Activities	-6	609	-212	-41	8
Investing Cash Flow	-3,077	-4,243	-1,584	-3,149	-399
Short-Term Debt Issued	272	-	-	-	1,454
Long-Term Debt Issued	7,477	9,739	11,282	12,897	17,718
Total Debt Issued	7,749	9,739	11,282	12,897	19,172
Short-Term Debt Repaid	-	-20	-1,065	-2,438	-
Long-Term Debt Repaid	-9,600	-9,997	-10,997	-5,782	-14,084
Total Debt Repaid	-9,600	-10,017	-12,062	-8,220	-14,084
Net Debt Issued (Repaid)	-1,851	-278	-780	4,677	5,088
Issuance of Common Stock	-	1	-	-	-
Common Dividends Paid	-476	-910	-420	-378	-336
Other Financing Activities	-3	-5	-6	-9	-
Financing Cash Flow	-2,330	-1,192	-1,206	4,290	4,752
Foreign Exchange Rate Adjustments	-	-	-	-	3
Miscellaneous Cash Flow Adjustments	-1	-778	-196	-53	-91
Net Cash Flow	2,012	-2,713	225	-3,485	4,566
Free Cash Flow	3,857	-1,301	1,238	-7,125	301
Free Cash Flow Margin	20.23%	-7.71%	5.56%	-49.88%	1.13%
Free Cash Flow Per Share	275.02	-92.62	88.28	-508.08	21.46
Cash Interest Paid	800	633	632	562	474
Cash Income Tax Paid	571	1,935	178	1,187	1,547
Levered Free Cash Flow	3,043	-824.5	1,193	-4,719	18,666
Unlevered Free Cash Flow	3,536	-423.25	1,582	-4,358	18,961
Change in Working Capital	2,185	1,903	-1,713	-5,852	-3,361

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