CORREC Cash Flow Statement

Financials in millions JPY. Fiscal year is March - February.

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Net Income	93	117	241	-110	487
Depreciation & Amortization	77	34	48	46	53
Loss (Gain) From Sale of Assets	128	-	29	-	19
Loss (Gain) From Sale of Investments	-	-	-	50	9
Other Operating Activities	-62	102	-212	-436	1,767
Change in Accounts Receivable	-30	-212	39	16	43
Change in Inventory	-35	-	-	-	-
Change in Accounts Payable	105	104	-188	-53	37
Change in Other Net Operating Assets	-102	30	2	-157	-1,712
Operating Cash Flow	174	175	-41	-644	703
Operating Cash Flow Growth	-0.57%	-	-	-	-
Capital Expenditures	-4	-13	-	-1	-42
Cash Acquisitions	-117	-9	-	-71	-
Sale (Purchase) of Intangibles	-9	-20	-	-	-
Investment in Securities	-	100	10	-50	-120
Other Investing Activities	-1	-81	12	59	-19
Investing Cash Flow	-131	-33	22	-63	-181
Short-Term Debt Issued	106	136	-	400	300
Long-Term Debt Issued	100	200	-	-	-
Total Debt Issued	206	336	-	400	300
Short-Term Debt Repaid	-	-	-24	-259	-100
Long-Term Debt Repaid	-54	-14	-	-	-
Total Debt Repaid	-54	-14	-24	-259	-100
Net Debt Issued (Repaid)	152	322	-24	141	200
Issuance of Common Stock	4	-	1	13	5
Common Dividends Paid	-51	-	-	-35	-35
Other Financing Activities	-	1	-	-	-
Financing Cash Flow	105	323	-23	119	170
Net Cash Flow	148	465	-42	-588	692
Free Cash Flow	170	162	-41	-645	661
Free Cash Flow Growth	4.94%	-	-	-	-
Free Cash Flow Margin	2.63%	4.11%	-1.00%	-13.37%	16.33%
Free Cash Flow Per Share	22.88	21.89	-5.58	-88.84	90.56
Cash Interest Paid	5	3	2	1	-
Cash Income Tax Paid	61	-99	214	547	13
Levered Free Cash Flow	139	119.13	-35.13	-420.75	-338.63
Unlevered Free Cash Flow	142.13	121	-33.88	-420.13	-338.63
Change in Working Capital	-62	-78	-147	-194	-1,632

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