LA Holdings Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	18,175	13,545	12,783	9,482	6,814	2,820
Cash & Short-Term Investments	18,175	13,545	12,783	9,482	6,814	2,820
Cash Growth	53.16%	5.96%	34.81%	39.16%	141.63%	-6.65%
Receivables	-	-	1	3	5	21
Inventory	61,817	47,359	36,157	28,839	17,514	9,775
Prepaid Expenses	-	162	231	147	66	258
Other Current Assets	2,439	2,075	708	845	1,594	1,230
Total Current Assets	82,431	63,141	49,880	39,316	25,993	14,104
Property, Plant & Equipment	8,613	6,737	10,190	10,335	9,667	8,855
Long-Term Investments	1,266	1,022	919	749	456	465
Other Intangible Assets	40	41	39	39	108	106
Long-Term Deferred Tax Assets	-	297	175	114	95	96
Long-Term Deferred Charges	5	8	5	8	11	1
Other Long-Term Assets	1	1	1	3	2	3
Total Assets	92,356	71,247	61,209	50,636	36,332	23,630
Accounts Payable	481	626	346	548	280	376
Accrued Expenses	-	202	89	100	75	5
Short-Term Debt	16,715	11,489	7,649	4,197	2,950	3,463
Current Portion of Long-Term Debt	16,602	8,943	9,671	8,958	2,946	1,544
Current Income Taxes Payable	334	2,261	1,406	1,674	1,252	450
Current Unearned Revenue	-	87	86	77	62	54
Other Current Liabilities	1,335	1,177	612	514	660	1,395
Total Current Liabilities	35,467	24,785	19,859	16,068	8,225	7,287
Long-Term Debt	28,933	27,523	25,438	22,241	19,848	11,200
Long-Term Deferred Tax Liabilities	-	49	49	5	-	11
Other Long-Term Liabilities	969	758	651	888	916	783
Total Liabilities	65,369	53,115	45,997	39,202	28,989	19,281
Common Stock	4,913	1,505	1,422	613	288	250
Additional Paid-In Capital	4,163	1,766	1,683	1,645	1,358	967
Retained Earnings	17,772	15,343	11,948	9,059	5,661	3,702
Treasury Stock	-1	-652	-	-	-	-607
Comprehensive Income & Other	140	170	159	117	36	37
Total Common Equity	26,987	18,132	15,212	11,434	7,343	4,349
Shareholders' Equity	26,987	18,132	15,212	11,434	7,343	4,349
Total Liabilities & Equity	92,356	71,247	61,209	50,636	36,332	23,630
Total Debt	62,250	47,955	42,758	35,396	25,744	16,207
Net Cash (Debt)	-44,075	-34,410	-29,975	-25,914	-18,930	-13,387
Net Cash Per Share	-6546.29	-5452.87	-4892.63	-4763.80	-3853.18	-2473.36
Filing Date Shares Outstanding	7.63	6.16	6.25	5.81	5.39	4.58
Total Common Shares Outstanding	7.63	6.16	6.25	5.79	5.39	4.58
Working Capital	46,964	38,356	30,021	23,248	17,768	6,817
Book Value Per Share	3537.09	2944.11	2435.23	1973.33	1363.05	949.70
Tangible Book Value	26,947	18,091	15,173	11,395	7,235	4,243
Tangible Book Value Per Share	3531.85	2937.45	2428.99	1966.60	1343.00	926.56
Order Backlog	-	10,747	5,721	7,982	11,141	11,334

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.