Keisei Electric Railway Co., Ltd. (KELRF)

Keisei Electric Railway Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	51,369	82,459	34,607	25,513	29,133
Short-Term Investments	160	-	-	-	-
Cash & Short-Term Investments	51,529	82,459	34,607	25,513	29,133
Cash Growth	-37.51%	138.27%	35.64%	-12.43%	7.56%
Receivables	32,320	31,726	28,409	24,718	21,490
Inventory	18,675	14,612	12,723	10,960	13,572
Other Current Assets	16,560	15,368	14,421	11,961	15,350
Total Current Assets	119,084	144,165	90,160	73,152	79,545
Property, Plant & Equipment	705,406	659,935	635,573	587,008	578,812
Long-Term Investments	236,626	230,092	207,109	208,085	211,287
Other Intangible Assets	11,005	12,310	13,095	12,480	13,433
Long-Term Deferred Tax Assets	16,749	17,012	18,987	18,812	16,876
Long-Term Deferred Charges	431	502	486	471	438
Other Long-Term Assets	4,564	4	3	1	3
Total Assets	1,094,120	1,064,202	965,573	900,346	900,698
Accounts Payable	28,022	25,461	20,723	18,320	18,059
Accrued Expenses	4,422	4,225	3,954	3,345	3,430
Short-Term Debt	68,255	69,194	55,986	59,682	56,472
Current Portion of Long-Term Debt	300	10,150	20,000	-	-
Current Portion of Leases	5,186	4,856	4,985	6,486	6,609
Current Income Taxes Payable	26,128	30,925	2,504	1,811	1,616
Other Current Liabilities	98,912	78,948	74,486	58,684	61,046
Total Current Liabilities	231,225	223,759	182,638	148,328	147,232
Long-Term Debt	234,345	260,537	258,881	250,639	239,559
Long-Term Leases	21,317	19,957	19,964	22,840	24,946
Long-Term Deferred Tax Liabilities	1,698	2,713	2,128	2,035	1,812
Other Long-Term Liabilities	44,670	48,210	51,233	52,478	54,884
Total Liabilities	569,465	595,046	554,628	512,642	504,654
Common Stock	36,803	36,803	36,803	36,803	36,803
Additional Paid-In Capital	35,406	34,404	34,396	28,410	28,411
Retained Earnings	482,049	419,309	335,790	309,843	317,899
Treasury Stock	-52,410	-45,171	-13,641	-6,184	-6,184
Comprehensive Income & Other	7,134	6,276	1,564	891	1,709
Total Common Equity	508,982	451,621	394,912	369,763	378,638
Minority Interest	15,673	17,535	16,033	17,941	17,406
Shareholders' Equity	524,655	469,156	410,945	387,704	396,044
Total Liabilities & Equity	1,094,120	1,064,202	965,573	900,346	900,698
Total Debt	329,403	364,694	359,816	339,647	327,586
Net Cash (Debt)	-277,874	-282,235	-325,209	-314,134	-298,453
Net Cash Per Share	-569.81	-563.00	-650.98	-621.31	-590.06
Filing Date Shares Outstanding	482.23	487.62	502.45	505.6	505.6
Total Common Shares Outstanding	482.23	487.62	502.45	505.6	505.6
Working Capital	-112,141	-79,594	-92,478	-75,176	-67,687
Book Value Per Share	1055.47	926.17	785.98	731.33	748.89
Tangible Book Value	497,977	439,311	381,817	357,283	365,205
Tangible Book Value Per Share	1032.65	900.93	759.91	706.65	722.32

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