Tokaido REIT Balance Sheet

Financials in millions JPY. Fiscal year is August - July.

Millions JPY. Fiscal year is Aug - Jul.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Jan '26 Jan 31, 2026	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022	Jan '22 Jan 31, 2022
Property, Plant & Equipment	64,420	63,446	55,089	46,684	29,511	29,586
Cash & Equivalents	878	1,805	907	943	789	715
Accounts Receivable	66	70	66	84	44	37
Investment In Debt and Equity Securities	-	-	-	-	102	-
Other Intangible Assets	-	-	-	-	2,076	2,076
Restricted Cash	2,418	2,452	2,096	1,895	1,260	1,264
Other Current Assets	112	85	75	411	51	421
Other Long-Term Assets	27	39	24	20	367	357
Total Assets	67,921	67,897	58,257	50,037	34,200	34,456
Current Portion of Long-Term Debt	11,700	5,600	2,600	6,800	3,200	2,950
Long-Term Debt	20,991	26,891	24,500	16,100	12,400	13,000
Accounts Payable	463	425	328	404	190	206
Accrued Expenses	14	11	10	8	8	8
Other Current Liabilities	303	310	255	233	159	176
Other Long-Term Liabilities	1,266	1,259	1,026	956	654	655
Total Liabilities	34,737	34,696	28,919	25,001	16,611	16,995
Common Stock	32,130	32,130	28,424	24,226	17,028	17,028
Retained Earnings	1,053	1,071	914	810	560	432
Comprehensive Income & Other	1	-	-	-	1	1
Shareholders' Equity	33,184	33,201	29,338	25,036	17,589	17,461
Total Liabilities & Equity	67,921	67,897	58,257	50,037	34,200	34,456
Total Debt	32,691	32,691	27,300	23,400	15,600	15,950
Net Cash (Debt)	-31,813	-30,886	-26,393	-22,457	-14,811	-15,235
Net Cash Per Share	-100460.73	-103843.27	-101336.15	-107116.62	-83520.83	-135421.02
Filing Date Shares Outstanding	0.39	0.32	0.28	0.24	0.18	0.18
Total Common Shares Outstanding	0.32	0.32	0.28	0.24	0.18	0.18
Book Value Per Share	104720.04	104773.69	105380.75	103241.24	99186.28	98761.31
Tangible Book Value	33,184	33,201	29,338	25,036	15,513	15,385
Tangible Book Value Per Share	104720.04	104773.69	105380.75	103241.24	87479.49	87019.23
Land	-	-	-	-	20,616	20,612
Buildings	-	-	-	-	8,874	8,960