Lacto Japan Balance Sheet

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

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 28, 2026	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	11,342	10,157	9,076	7,779	6,379	5,510
Cash & Short-Term Investments	11,342	10,157	9,076	7,779	6,379	5,510
Cash Growth	20.57%	11.91%	16.67%	21.95%	15.77%	10.11%
Receivables	26,806	23,922	24,006	18,699	21,044	19,256
Inventory	47,891	46,160	42,119	39,806	41,382	24,839
Other Current Assets	3,130	2,912	625	784	1,262	413
Total Current Assets	89,169	83,151	75,826	67,068	70,067	50,018
Property, Plant & Equipment	4,490	3,550	2,502	2,185	942	709
Long-Term Investments	3,049	2,578	2,225	2,354	1,952	1,869
Other Intangible Assets	1,053	754	321	73	39	44
Long-Term Deferred Tax Assets	-	175	560	356	456	259
Other Long-Term Assets	2	1	1	2	-	-
Total Assets	97,763	90,209	81,435	72,038	73,456	52,899
Accounts Payable	18,639	17,179	17,212	14,033	17,349	12,202
Short-Term Debt	31,742	24,199	20,133	17,380	17,949	11,668
Current Portion of Long-Term Debt	4,630	4,740	4,492	4,402	3,960	2,610
Current Income Taxes Payable	574	848	1,046	252	723	364
Other Current Liabilities	1,487	1,834	1,572	966	1,120	680
Total Current Liabilities	57,072	48,800	44,455	37,033	41,101	27,524
Long-Term Debt	7,198	7,659	8,293	9,125	8,960	5,010
Pension & Post-Retirement Benefits	488	492	480	432	410	362
Long-Term Deferred Tax Liabilities	-	67	53	12	17	44
Other Long-Term Liabilities	697	744	574	714	489	382
Total Liabilities	65,455	57,762	53,855	47,316	50,977	33,322
Common Stock	1,225	1,209	1,209	1,178	1,158	1,151
Additional Paid-In Capital	1,232	1,215	1,209	1,179	1,178	1,185
Retained Earnings	25,948	25,996	22,665	20,066	18,651	16,680
Treasury Stock	-121	-121	-152	-14	-65	-111
Comprehensive Income & Other	4,024	4,148	2,649	2,313	1,557	672
Shareholders' Equity	32,308	32,447	27,580	24,722	22,479	19,577
Total Liabilities & Equity	97,763	90,209	81,435	72,038	73,456	52,899
Total Debt	43,570	36,598	32,918	30,907	30,869	19,288
Net Cash (Debt)	-32,228	-26,441	-23,842	-23,128	-24,490	-13,778
Net Cash Per Share	-3222.79	-2645.47	-2383.79	-2308.11	-2450.32	-1377.68
Filing Date Shares Outstanding	10	9.97	9.96	9.96	9.89	9.86
Total Common Shares Outstanding	10	9.97	9.96	9.96	9.89	9.86
Working Capital	32,097	34,351	31,371	30,035	28,966	22,494
Book Value Per Share	3230.89	3254.10	2769.54	2483.09	2272.23	1985.22
Tangible Book Value	31,255	31,693	27,259	24,649	22,440	19,533
Tangible Book Value Per Share	3125.59	3178.48	2737.30	2475.76	2268.29	1980.76

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