First-corporation Balance Sheet

Financials in millions JPY. Fiscal year is June - May.

Millions JPY. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Feb '26 Feb 28, 2026	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023
Cash & Equivalents	3,754	5,400	4,117	5,062
Cash & Short-Term Investments	3,754	5,400	4,117	5,062
Cash Growth	4.13%	31.16%	-18.67%	-
Receivables	12,986	7,205	7,065	6,278
Inventory	21,374	11,048	11,125	9,119
Other Current Assets	699	555	688	379
Total Current Assets	38,813	24,208	22,995	20,838
Property, Plant & Equipment	153	159	136	150
Long-Term Investments	590	283	235	199
Other Intangible Assets	14	15	14	18
Long-Term Deferred Tax Assets	-	223	336	260
Other Long-Term Assets	1	1	1	1
Total Assets	39,571	24,889	23,717	21,466
Accounts Payable	4,787	7,600	7,817	7,707
Accrued Expenses	-	15	19	20
Short-Term Debt	13,144	270	1,500	210
Current Portion of Long-Term Debt	2,473	1,251	1,441	735
Current Income Taxes Payable	178	458	182	402
Current Unearned Revenue	763	547	325	56
Other Current Liabilities	1,297	1,455	1,579	1,145
Total Current Liabilities	22,642	11,596	12,863	10,275
Long-Term Debt	6,262	3,192	2,154	2,995
Pension & Post-Retirement Benefits	151	136	105	104
Other Long-Term Liabilities	256	205	128	170
Total Liabilities	29,311	15,129	15,250	13,544
Common Stock	730	730	730	730
Additional Paid-In Capital	726	726	690	690
Retained Earnings	9,793	9,329	8,037	7,518
Treasury Stock	-993	-1,029	-993	-1,020
Comprehensive Income & Other	4	4	3	4
Shareholders' Equity	10,260	9,760	8,467	7,922
Total Liabilities & Equity	39,571	24,889	23,717	21,466
Total Debt	21,879	4,713	5,095	3,940
Net Cash (Debt)	-18,125	687	-978	1,122
Net Cash Per Share	-1514.10	57.48	-81.88	94.34
Filing Date Shares Outstanding	11.99	11.95	11.95	11.92
Total Common Shares Outstanding	11.99	11.95	11.95	11.92
Working Capital	16,171	12,612	10,132	10,563
Book Value Per Share	855.69	816.93	708.67	664.74
Tangible Book Value	10,246	9,745	8,453	7,904
Tangible Book Value Per Share	854.53	815.68	707.49	663.23
Order Backlog	-	35,760	34,460	36,678

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