SHANON Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022
Net Income	-23.72	-	-95	-414	-325
Depreciation & Amortization	167.42	-	208	219	173
Loss (Gain) From Sale of Assets	-0.97	-	78	141	-
Loss (Gain) From Sale of Investments	-	-	-36	-	-
Other Operating Activities	69.75	-	1	1	-
Change in Accounts Receivable	210.44	-	31	-134	14
Change in Inventory	4.96	-	24	-21	3
Change in Accounts Payable	-31.31	-	-7	-9	15
Change in Other Net Operating Assets	112.44	-	22	69	117
Operating Cash Flow	509	-	226	-148	-3
Capital Expenditures	-85.36	-	-1	-3	-21
Sale of Property, Plant & Equipment	0.01	-	-	-	8
Cash Acquisitions	-15.42	-	-	-	-27
Divestitures	19.71	-	28	-	-
Sale (Purchase) of Intangibles	-141.8	-	-144	-203	-224
Investment in Securities	-	-	1	-	-
Other Investing Activities	170.48	-	-92	-6	-19
Investing Cash Flow	-52.38	-	-160	-260	-283
Short-Term Debt Issued	-	-	-	374	220
Long-Term Debt Issued	-	-	514	601	200
Total Debt Issued	-	-	514	975	420
Short-Term Debt Repaid	-	-	-	-424	-173
Long-Term Debt Repaid	-	-	-197	-175	-192
Total Debt Repaid	-715.69	-	-197	-599	-365
Net Debt Issued (Repaid)	-715.69	-	317	376	55
Issuance of Common Stock	469.66	-	8	199	-
Other Financing Activities	-	-	-30	-30	2
Financing Cash Flow	-246.03	-	295	545	57
Foreign Exchange Rate Adjustments	0.58	-	1	-	3
Miscellaneous Cash Flow Adjustments	-0	-	-	-1	-
Net Cash Flow	211.17	-	362	136	-226
Free Cash Flow	423.63	-	225	-151	-24
Free Cash Flow Margin	15.40%	-	7.02%	-5.15%	-0.98%
Free Cash Flow Per Share	79.34	-	70.78	-49.36	-8.18
Cash Interest Paid	1.33	-	3	5	4
Cash Income Tax Paid	13.21	-	6	6	10
Levered Free Cash Flow	-	-	102.5	-320.25	-3.13
Unlevered Free Cash Flow	-	-	107.5	-312.75	-
Change in Working Capital	296.52	-	70	-95	149

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