Kurogane Kosakusho 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	547	240	1,384	-549	34
Depreciation & Amortization	156	138	88	171	203
Loss (Gain) From Sale of Assets	1	-	-1,618	343	-
Loss (Gain) From Sale of Investments	-563	-220	-90	-73	-105
Loss (Gain) on Equity Investments	-108	-25	17	-20	-19
Other Operating Activities	-19	-473	6	-31	-11
Change in Accounts Receivable	230	-45	-770	278	159
Change in Inventory	-6	99	508	23	-57
Change in Accounts Payable	-247	1	-62	-73	12
Change in Other Net Operating Assets	85	37	109	112	74
Operating Cash Flow	76	-248	-428	181	290
Operating Cash Flow Growth	-	-	-	-37.59%	-
Capital Expenditures	-45	-440	-11	-9	-34
Sale of Property, Plant & Equipment	-1	-	2,710	153	-
Cash Acquisitions	-32	-	-	-	-
Sale (Purchase) of Intangibles	-32	-21	-6	-	-22
Investment in Securities	315	388	126	112	23
Other Investing Activities	3	-9	192	-19	4
Investing Cash Flow	208	-81	3,011	238	-26
Short-Term Debt Issued	550	950	2,500	3,550	5,450
Long-Term Debt Issued	400	400	120	250	660
Total Debt Issued	950	1,350	2,620	3,800	6,110
Short-Term Debt Repaid	-550	-950	-4,150	-3,655	-5,473
Long-Term Debt Repaid	-329	-428	-446	-683	-697
Total Debt Repaid	-879	-1,378	-4,596	-4,338	-6,170
Net Debt Issued (Repaid)	71	-28	-1,976	-538	-60
Repurchase of Common Stock	-31	-	-	-	-
Common Dividends Paid	-33	-	-	-	-
Other Financing Activities	-23	-33	-55	-53	-58
Financing Cash Flow	-16	-61	-2,031	-591	-118
Miscellaneous Cash Flow Adjustments	-	-2	-1	1	-1
Net Cash Flow	268	-392	551	-171	145
Free Cash Flow	31	-688	-439	172	256
Free Cash Flow Growth	-	-	-	-32.81%	-
Free Cash Flow Margin	0.49%	-9.55%	-6.11%	2.49%	3.06%
Free Cash Flow Per Share	18.28	-403.89	-257.71	100.97	150.28
Cash Interest Paid	15	15	40	39	41
Cash Income Tax Paid	23	472	-5	49	11
Levered Free Cash Flow	96.88	-824.88	152.75	235.25	135.38
Unlevered Free Cash Flow	108.13	-815.5	177.13	260.88	161.63
Change in Working Capital	62	92	-215	340	188

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