LA Holdings Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	18,900	23,059	13,545	12,783	9,482	6,814
Cash & Short-Term Investments	18,900	23,059	13,545	12,783	9,482	6,814
Cash Growth	94.19%	70.24%	5.96%	34.81%	39.16%	141.63%
Receivables	-	-	-	1	3	5
Inventory	70,852	65,386	47,359	36,157	28,839	17,514
Prepaid Expenses	-	442	162	231	147	66
Other Current Assets	2,333	1,924	2,075	708	845	1,594
Total Current Assets	92,085	90,811	63,141	49,880	39,316	25,993
Property, Plant & Equipment	9,563	8,920	6,737	10,190	10,335	9,667
Long-Term Investments	2,366	1,869	1,022	919	749	456
Other Intangible Assets	39	40	41	39	39	108
Long-Term Deferred Tax Assets	-	299	297	175	114	95
Long-Term Deferred Charges	8	9	8	5	8	11
Other Long-Term Assets	2	1	1	1	3	2
Total Assets	104,063	101,949	71,247	61,209	50,636	36,332
Accounts Payable	1,243	1,439	626	346	548	280
Accrued Expenses	-	244	202	89	100	75
Short-Term Debt	20,518	17,029	11,489	7,649	4,197	2,950
Current Portion of Long-Term Debt	14,441	12,618	8,943	9,671	8,958	2,946
Current Income Taxes Payable	312	2,557	2,261	1,406	1,674	1,252
Current Unearned Revenue	-	105	87	86	77	62
Other Current Liabilities	1,760	1,190	1,177	612	514	660
Total Current Liabilities	38,274	35,182	24,785	19,859	16,068	8,225
Long-Term Debt	35,558	35,948	27,523	25,438	22,241	19,848
Long-Term Deferred Tax Liabilities	-	49	49	49	5	-
Other Long-Term Liabilities	1,006	822	758	651	888	916
Total Liabilities	74,838	72,001	53,115	45,997	39,202	28,989
Common Stock	2,000	4,913	1,505	1,422	613	288
Additional Paid-In Capital	5,757	4,163	1,766	1,683	1,645	1,358
Retained Earnings	21,317	20,724	15,343	11,948	9,059	5,661
Treasury Stock	-1	-1	-652	-	-	-
Comprehensive Income & Other	152	149	170	159	117	36
Total Common Equity	29,225	29,948	18,132	15,212	11,434	7,343
Shareholders' Equity	29,225	29,948	18,132	15,212	11,434	7,343
Total Liabilities & Equity	104,063	101,949	71,247	61,209	50,636	36,332
Total Debt	70,517	65,595	47,955	42,758	35,396	25,744
Net Cash (Debt)	-51,617	-42,536	-34,410	-29,975	-25,914	-18,930
Net Cash Per Share	-6925.13	-5994.12	-5452.87	-4892.63	-4763.80	-3853.18
Filing Date Shares Outstanding	7.63	7.63	6.16	6.25	5.81	5.39
Total Common Shares Outstanding	7.63	7.63	6.16	6.25	5.79	5.39
Working Capital	53,811	55,629	38,356	30,021	23,248	17,768
Book Value Per Share	3830.41	3925.18	2944.11	2435.23	1973.33	1363.05
Tangible Book Value	29,186	29,908	18,091	15,173	11,395	7,235
Tangible Book Value Per Share	3825.30	3919.93	2937.45	2428.99	1966.60	1343.00
Order Backlog	-	13,558	10,747	5,721	7,982	11,141

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