TYO:4187 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	9,722	5,567	4,455	6,809	7,177
Depreciation & Amortization	3,023	3,302	2,447	2,303	2,451
Loss (Gain) From Sale of Assets	2	1	8	-408	-108
Loss (Gain) From Sale of Investments	-27	-815	-586	-35	-814
Other Operating Activities	-1,544	-875	-1,848	-2,691	-1,174
Change in Accounts Receivable	-370	-2,655	1,224	402	-1,294
Change in Inventory	-280	-143	345	-1,507	-1,293
Change in Accounts Payable	-208	2,121	-738	293	953
Change in Other Net Operating Assets	-3,224	2,097	-937	-439	-61
Operating Cash Flow	7,094	8,600	4,370	4,727	5,837
Operating Cash Flow Growth	-17.51%	96.80%	-7.55%	-19.02%	21.63%
Capital Expenditures	-1,220	-1,027	-4,707	-5,501	-2,312
Sale of Property, Plant & Equipment	-	-	2	434	164
Cash Acquisitions	-298	-96	-	-	-
Sale (Purchase) of Intangibles	-	-15	-29	-15	-17
Investment in Securities	-139	868	607	64	1,407
Other Investing Activities	3,116	-28	-	166	-285
Investing Cash Flow	1,459	-298	-4,127	-4,852	-1,043
Long-Term Debt Issued	-	400	3,300	2,350	250
Long-Term Debt Repaid	-2,188	-1,796	-1,960	-1,023	-993
Total Debt Repaid	-2,188	-1,796	-1,960	-1,023	-993
Net Debt Issued (Repaid)	-2,188	-1,396	1,340	1,327	-743
Repurchase of Common Stock	-2,226	-427	-602	-1,713	-1
Common Dividends Paid	-1,430	-1,272	-1,177	-1,143	-1,063
Other Financing Activities	-37	-32	-37	-35	-23
Financing Cash Flow	-5,881	-3,127	-476	-1,564	-1,830
Foreign Exchange Rate Adjustments	74	-18	58	160	118
Miscellaneous Cash Flow Adjustments	78	-1	2	-	-1
Net Cash Flow	2,824	5,156	-173	-1,529	3,081
Free Cash Flow	5,874	7,573	-337	-774	3,525
Free Cash Flow Growth	-22.43%	-	-	-	741.29%
Free Cash Flow Margin	16.20%	23.16%	-1.17%	-2.40%	10.06%
Free Cash Flow Per Share	287.14	358.10	-15.76	-35.52	159.12
Cash Interest Paid	7	9	7	5	6
Cash Income Tax Paid	1,645	850	1,920	2,647	1,286
Levered Free Cash Flow	6,165	7,301	-1,285	-1,909	2,367
Unlevered Free Cash Flow	6,169	7,307	-1,280	-1,906	2,371
Change in Working Capital	-4,082	1,420	-106	-1,251	-1,695

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