Hikari Food Service Balance Sheet

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
Cash & Equivalents	1,388	1,034	604.23	677.04	671.17
Short-Term Investments	-	288	258.01	258	148
Cash & Short-Term Investments	1,388	1,322	862.24	935.04	819.17
Cash Growth	5.01%	53.31%	-7.79%	14.14%	-
Accounts Receivable	127.4	122.05	95.61	48.29	27.97
Other Receivables	31.09	-	-	83.74	181.77
Receivables	158.48	122.05	95.61	132.02	209.75
Inventory	21.87	15.92	11.37	9.98	6.57
Prepaid Expenses	52.4	40.93	27.06	30.6	22.03
Other Current Assets	11.6	1.31	1.87	2.17	3.39
Total Current Assets	1,632	1,502	998.14	1,110	1,061
Property, Plant & Equipment	753.19	656.17	531.26	563.37	548.42
Goodwill	-	-	-	0.83	5.83
Other Intangible Assets	12.66	11.5	7.14	6.89	7.75
Long-Term Deferred Tax Assets	102.54	84.04	94.77	60.86	45.58
Other Long-Term Assets	151.65	154.72	133.28	129.01	108.83
Total Assets	2,653	2,409	1,765	1,871	1,777
Accounts Payable	90.21	156.81	119.54	61.94	116.51
Accrued Expenses	201.48	126.63	150.3	127.16	56.19
Current Portion of Long-Term Debt	206.71	164.11	161.74	201.72	173.65
Current Income Taxes Payable	54.25	33.26	53.46	21.57	39.49
Current Unearned Revenue	4.65	4.18	6.63	5.62	-
Other Current Liabilities	96.38	34.44	29.56	94.88	17.83
Total Current Liabilities	653.67	519.44	521.23	512.88	403.67
Long-Term Debt	624.05	584.91	825.08	1,143	1,227
Other Long-Term Liabilities	64.69	56.88	54.4	52.03	41.76
Total Liabilities	1,342	1,161	1,401	1,708	1,672
Common Stock	411.55	411.55	20	20	20
Additional Paid-In Capital	391.55	391.55	-	-	-
Retained Earnings	507	444.22	343.89	142.85	84.98
Shareholders' Equity	1,310	1,247	363.89	162.85	104.98
Total Liabilities & Equity	2,653	2,409	1,765	1,871	1,777
Total Debt	830.76	749.02	986.82	1,345	1,401
Net Cash (Debt)	557.37	572.89	-124.58	-409.69	-581.38
Net Cash Growth	-2.71%	-	-	-	-
Net Cash Per Share	561.87	626.07	-185.39	-609.66	-865.15
Filing Date Shares Outstanding	0.99	0.99	0.99	0.67	0.67
Total Common Shares Outstanding	0.99	0.99	0.67	0.67	0.67
Working Capital	978.81	982.68	476.91	596.94	657.24
Book Value Per Share	1320.67	1257.38	541.50	242.33	156.23
Tangible Book Value	1,297	1,236	356.75	155.13	91.41
Tangible Book Value Per Share	1307.90	1245.79	530.88	230.84	136.02
Buildings	-	-	-	-	631.91
Machinery	-	-	-	-	146.86
Construction In Progress	-	0.05	4.35	-	15.57

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