Shirohato Balance Sheet

Financials in millions JPY. Fiscal year is March - February.

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Cash & Equivalents	643	554	193	692	508	548
Cash & Short-Term Investments	643	554	193	692	508	548
Cash Growth	86.92%	187.05%	-72.11%	36.22%	-7.30%	88.32%
Accounts Receivable	515	298	282	246	291	243
Other Receivables	49	25	23	23	31	35
Receivables	564	323	305	269	322	278
Inventory	1,404	1,071	1,210	1,095	996	1,261
Prepaid Expenses	48	41	50	27	24	16
Other Current Assets	5	7	8	3	-	284
Total Current Assets	2,664	1,996	1,766	2,086	1,850	2,387
Property, Plant & Equipment	3,027	3,746	3,925	4,117	4,326	4,563
Long-Term Investments	11	7	7	14	268	241
Other Intangible Assets	83	85	61	29	37	42
Long-Term Deferred Tax Assets	-	123	-	40	-	-
Other Long-Term Assets	1	2	1	1	3	1
Total Assets	5,786	5,959	5,760	6,287	6,484	7,234
Accounts Payable	550	277	284	381	349	298
Accrued Expenses	84	76	72	95	95	85
Short-Term Debt	1,600	1,200	1,000	2,000	2,000	2,614
Current Portion of Long-Term Debt	34	128	128	1,312	75	75
Current Income Taxes Payable	336	214	190	174	299	180
Other Current Liabilities	37	39	40	45	50	38
Total Current Liabilities	2,641	1,934	1,714	4,007	2,868	3,290
Long-Term Debt	624	1,760	1,888	-	1,312	1,387
Pension & Post-Retirement Benefits	-	-	-	-	111	141
Other Long-Term Liabilities	1	60	76	78	57	57
Total Liabilities	3,266	3,754	3,678	4,085	4,348	4,875
Common Stock	1,196	1,196	1,196	1,196	1,196	1,196
Additional Paid-In Capital	1,186	1,186	1,186	1,186	1,186	1,186
Retained Earnings	137	-177	-300	-180	-247	-24
Comprehensive Income & Other	1	-	-	-	1	1
Shareholders' Equity	2,520	2,205	2,082	2,202	2,136	2,359
Total Liabilities & Equity	5,786	5,959	5,760	6,287	6,484	7,234
Total Debt	2,258	3,088	3,016	3,312	3,387	4,076
Net Cash (Debt)	-1,615	-2,534	-2,823	-2,620	-2,879	-3,528
Net Cash Per Share	-242.64	-380.71	-424.13	-393.63	-432.54	-530.05
Filing Date Shares Outstanding	6.66	6.66	6.66	6.66	6.66	6.66
Total Common Shares Outstanding	6.66	6.66	6.66	6.66	6.66	6.66
Working Capital	23	62	52	-1,921	-1,018	-903
Book Value Per Share	378.61	331.28	312.80	330.83	320.92	354.42
Tangible Book Value	2,437	2,120	2,021	2,173	2,099	2,317
Tangible Book Value Per Share	366.14	318.51	303.64	326.47	315.36	348.11

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