Shirohato Balance Sheet

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

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2025	FY 2024	FY 2023	FY 2022
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
Cash & Equivalents	643	554	193	692	508
Cash & Short-Term Investments	643	554	193	692	508
Cash Growth	16.06%	187.05%	-72.11%	36.22%	-7.30%
Accounts Receivable	515	298	282	246	291
Other Receivables	49	25	23	23	31
Receivables	564	323	305	269	322
Inventory	1,404	1,071	1,210	1,095	996
Prepaid Expenses	48	41	50	27	24
Other Current Assets	5	7	8	3	-
Total Current Assets	2,664	1,996	1,766	2,086	1,850
Property, Plant & Equipment	3,027	3,746	3,925	4,117	4,326
Long-Term Investments	11	7	7	14	268
Other Intangible Assets	83	85	61	29	37
Long-Term Deferred Tax Assets	-	123	-	40	-
Other Long-Term Assets	1	2	1	1	3
Total Assets	5,786	5,959	5,760	6,287	6,484
Accounts Payable	550	277	284	381	349
Accrued Expenses	84	76	72	95	95
Short-Term Debt	1,600	1,200	1,000	2,000	2,000
Current Portion of Long-Term Debt	34	128	128	1,312	75
Current Income Taxes Payable	336	214	190	174	299
Other Current Liabilities	37	39	40	45	50
Total Current Liabilities	2,641	1,934	1,714	4,007	2,868
Long-Term Debt	624	1,760	1,888	-	1,312
Pension & Post-Retirement Benefits	-	-	-	-	111
Other Long-Term Liabilities	1	60	76	78	57
Total Liabilities	3,266	3,754	3,678	4,085	4,348
Common Stock	1,196	1,196	1,196	1,196	1,196
Additional Paid-In Capital	1,186	1,186	1,186	1,186	1,186
Retained Earnings	137	-177	-300	-180	-247
Comprehensive Income & Other	1	-	-	-	1
Shareholders' Equity	2,520	2,205	2,082	2,202	2,136
Total Liabilities & Equity	5,786	5,959	5,760	6,287	6,484
Total Debt	2,258	3,088	3,016	3,312	3,387
Net Cash (Debt)	-1,615	-2,534	-2,823	-2,620	-2,879
Net Cash Per Share	-242.64	-380.71	-424.13	-393.63	-432.54
Filing Date Shares Outstanding	6.66	6.66	6.66	6.66	6.66
Total Common Shares Outstanding	6.66	6.66	6.66	6.66	6.66
Working Capital	23	62	52	-1,921	-1,018
Book Value Per Share	378.61	331.28	312.80	330.83	320.92
Tangible Book Value	2,437	2,120	2,021	2,173	2,099
Tangible Book Value Per Share	366.14	318.51	303.64	326.47	315.36