note inc. Cash Flow Statement

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

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	May '25 May 31, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022
Net Income	96	76	-414.84	-756.49
Depreciation & Amortization	8	9	12.8	19.55
Loss (Gain) From Sale of Assets	-	-	-1.04	0.03
Asset Writedown & Restructuring Costs	-	-	-	11.28
Other Operating Activities	-3	-3	36.35	-16.02
Change in Accounts Receivable	-63	-18	-41.44	-5.6
Change in Inventory	-1	-1	0.56	-0.03
Change in Accounts Payable	4	2	0.32	-7.61
Change in Unearned Revenue	-	-	34.93	17.13
Change in Other Net Operating Assets	136	160	25.79	77.63
Operating Cash Flow	177	225	-346.58	-660.12
Capital Expenditures	-1	-1	-12.35	-22.98
Sale of Property, Plant & Equipment	1	1	1.22	-
Other Investing Activities	-19	-9	-1.65	-0.47
Investing Cash Flow	-727	-9	-12.78	-23.45
Long-Term Debt Repaid	-	-80	-	-
Net Debt Issued (Repaid)	-	-80	-	-
Issuance of Common Stock	580	41	158.93	2,000
Other Financing Activities	-	1	-	-
Financing Cash Flow	580	-38	158.93	2,000
Miscellaneous Cash Flow Adjustments	1	-1	-	-0
Net Cash Flow	31	177	-200.44	1,317
Free Cash Flow	176	224	-358.94	-683.1
Free Cash Flow Margin	4.80%	6.76%	-12.93%	-29.48%
Free Cash Flow Per Share	10.84	14.35	-23.79	-47.96
Cash Interest Paid	-	-	0.76	0.98
Cash Income Tax Paid	3	2	2.7	2.7
Levered Free Cash Flow	-	153.07	-218.88	-
Unlevered Free Cash Flow	-	153.07	-218.41	-
Change in Working Capital	76	143	20.15	81.53

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