Towa Food Service Balance Sheet

Financials in millions JPY. Fiscal year is May - April.

Millions JPY. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 31, 2026	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Cash & Equivalents	4,385	4,358	4,017	3,821	3,699	2,075
Cash & Short-Term Investments	4,385	4,358	4,017	3,821	3,699	2,075
Cash Growth	12.49%	8.49%	5.13%	3.30%	78.27%	46.54%
Accounts Receivable	654	534	499	506	437	258
Other Receivables	-	-	-	-	245	529
Receivables	654	534	499	506	682	787
Inventory	199	198	188	172	163	133
Prepaid Expenses	132	121	112	126	114	114
Other Current Assets	39	60	76	75	1	5
Total Current Assets	5,409	5,271	4,892	4,700	4,659	3,114
Property, Plant & Equipment	1,809	1,668	1,535	1,462	1,570	1,803
Long-Term Investments	1,904	1,880	1,928	1,918	1,901	1,892
Other Intangible Assets	37	45	43	53	19	22
Long-Term Deferred Tax Assets	299	304	321	307	368	281
Other Long-Term Assets	1	1	1	2	2	2
Total Assets	9,459	9,169	8,720	8,443	8,519	7,114
Accounts Payable	273	284	270	236	221	173
Accrued Expenses	182	185	182	191	179	150
Current Portion of Long-Term Debt	-	-	-	600	-	-
Current Portion of Leases	5	3	4	1	2	5
Current Income Taxes Payable	714	785	899	668	1,137	558
Current Unearned Revenue	3	3	2	4	4	2
Other Current Liabilities	58	22	19	30	74	101
Total Current Liabilities	1,235	1,282	1,376	1,730	1,617	989
Long-Term Debt	-	-	-	-	600	600
Long-Term Leases	10	9	13	3	2	4
Pension & Post-Retirement Benefits	381	392	401	376	356	352
Other Long-Term Liabilities	315	315	314	318	269	133
Total Liabilities	1,941	1,998	2,104	2,427	2,844	2,078
Common Stock	50	50	50	50	50	50
Additional Paid-In Capital	1,308	1,306	1,306	1,306	1,306	1,306
Retained Earnings	6,226	5,891	5,331	4,748	4,411	3,772
Treasury Stock	-98	-100	-100	-100	-100	-100
Comprehensive Income & Other	32	24	29	12	8	8
Shareholders' Equity	7,518	7,171	6,616	6,016	5,675	5,036
Total Liabilities & Equity	9,459	9,169	8,720	8,443	8,519	7,114
Total Debt	15	12	17	604	604	609
Net Cash (Debt)	4,370	4,346	4,000	3,217	3,095	1,466
Net Cash Growth	12.51%	8.65%	24.34%	3.94%	111.12%	64.35%
Net Cash Per Share	541.48	538.57	495.69	398.66	383.54	181.67
Filing Date Shares Outstanding	8.07	8.07	8.07	8.07	8.07	8.07
Total Common Shares Outstanding	8.07	8.07	8.07	8.07	8.07	8.07
Working Capital	4,174	3,989	3,516	2,970	3,042	2,125
Book Value Per Share	931.41	888.65	819.87	745.51	703.26	624.07
Tangible Book Value	7,481	7,126	6,573	5,963	5,656	5,014
Tangible Book Value Per Share	926.83	883.07	814.54	738.95	700.90	621.34

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