Frontier Balance Sheet

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

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 31, 2026	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
Cash & Equivalents	388	394	418	465	418	435
Cash & Short-Term Investments	388	394	418	465	418	435
Cash Growth	17.58%	-5.74%	-10.11%	11.24%	-3.91%	-2.90%
Receivables	140	160	202	236	195	243
Inventory	286	295	268	296	235	167
Other Current Assets	41	17	26	63	71	60
Total Current Assets	855	866	914	1,060	919	905
Property, Plant & Equipment	69	74	80	88	76	34
Long-Term Investments	4	4	4	4	3	3
Other Intangible Assets	-	-	1	1	1	1
Long-Term Deferred Tax Assets	-	8	6	-	4	2
Other Long-Term Assets	2	2	1	2	1	1
Total Assets	950	954	1,006	1,155	1,004	946
Accounts Payable	4	15	10	3	11	74
Short-Term Debt	200	100	220	373	349	304
Current Portion of Long-Term Debt	40	43	39	36	34	21
Current Income Taxes Payable	12	42	-	16	1	21
Other Current Liabilities	73	80	94	72	44	55
Total Current Liabilities	329	280	363	500	439	475
Long-Term Debt	110	128	171	210	193	164
Long-Term Leases	-	-	-	-	1	2
Other Long-Term Liabilities	9	9	9	8	5	4
Total Liabilities	448	417	543	718	638	645
Common Stock	57	57	57	57	57	51
Additional Paid-In Capital	37	37	37	37	37	31
Retained Earnings	397	380	315	299	234	209
Comprehensive Income & Other	67	63	54	44	38	10
Shareholders' Equity	502	537	463	437	366	301
Total Liabilities & Equity	950	954	1,006	1,155	1,004	946
Total Debt	350	271	430	619	577	491
Net Cash (Debt)	38	123	-12	-154	-159	-56
Net Cash Per Share	27.97	88.54	-8.64	-110.86	-114.47	-44.13
Filing Date Shares Outstanding	1.29	1.39	1.39	1.39	1.39	1.39
Total Common Shares Outstanding	1.29	1.39	1.39	1.39	1.39	1.36
Working Capital	526	586	551	560	480	430
Book Value Per Share	388.00	386.55	333.29	314.57	263.46	221.32
Tangible Book Value	482	537	462	436	365	300
Tangible Book Value Per Share	372.55	386.55	332.57	313.85	262.74	220.59
Order Backlog	-	25.35	36.07	83.31	26.75	87.8