According to Afuri Ramen Dumpling's 2024 Franchise Disclosure Document, the Notes to Financial Statements can be found on multiple pages within Item 23, which covers Receipts and Financial Statements. Specifically, these notes are included as part of Exhibit A. The financial statements themselves appear on pages 51 and 52. Additionally, there are further notes located on pages 59, 72, 83, and 85.

These notes provide crucial context for understanding Afuri Ramen Dumpling's financial performance. They offer insights into the company's accounting practices, including how they handle cash equivalents, foreign transactions, and trade accounts receivable. For instance, the notes clarify that foreign transactions, which include agreements with franchisees in Canada, Singapore, and Hong Kong, are subject to various risks related to differing legal systems and economic environments.

Furthermore, the notes detail related party transactions, such as management fees paid and loans involving related parties like Afuri Japan. They also highlight concentrations of risk, such as the percentage of revenue and accounts receivable attributable to a small number of franchisees. Reviewing these notes is essential for prospective franchisees to gain a comprehensive understanding of the financial health and stability of Afuri Ramen Dumpling.