First Brothers 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	2,119	6,830	4,817	7,532	7,306	10,766
Cash & Short-Term Investments	2,619	6,830	4,817	7,532	7,306	10,766
Cash Growth	-56.46%	41.79%	-36.05%	3.09%	-32.14%	73.42%
Receivables	319.47	1,156	913	934	727	624
Inventory	51,394	49,771	50,724	53,483	50,472	49,196
Restricted Cash	-	1,096	1,242	1,204	921	740
Other Current Assets	1,762	476	955	468	2,240	1,329
Total Current Assets	56,094	59,329	58,651	63,621	61,666	62,655
Property, Plant & Equipment	27,868	27,817	27,253	23,089	23,393	18,110
Long-Term Investments	2,233	1,868	1,837	1,740	1,394	1,324
Goodwill	530.93	247	884	1,000	1,116	367
Other Intangible Assets	463.49	461	444	442	32	14
Long-Term Deferred Tax Assets	-	109	71	46	41	80
Other Long-Term Assets	0	1	1	2	1	1
Total Assets	87,190	89,832	89,141	89,940	87,643	82,551
Accrued Expenses	68.28	-	-	-	22	25
Short-Term Debt	398.36	343	71	91	1,156	3,454
Current Portion of Long-Term Debt	2,454	2,536	3,462	5,151	2,459	1,890
Current Income Taxes Payable	142.27	1,242	530	1,370	161	856
Other Current Liabilities	1,621	2,067	1,684	1,825	1,787	2,645
Total Current Liabilities	4,684	6,188	5,747	8,437	5,585	8,870
Long-Term Debt	52,541	53,604	54,641	53,211	55,618	47,804
Pension & Post-Retirement Benefits	20.55	20	23	17	19	12
Long-Term Deferred Tax Liabilities	-	1,623	1,670	1,721	1,980	1,811
Other Long-Term Liabilities	3,704	2,145	2,155	2,128	2,797	3,246
Total Liabilities	60,950	63,580	64,236	65,514	65,999	61,743
Common Stock	100	100	100	100	100	1,589
Additional Paid-In Capital	3,407	3,406	3,406	3,406	3,407	1,917
Retained Earnings	22,785	22,784	21,511	21,006	18,240	17,440
Treasury Stock	-277.43	-277	-277	-278	-278	-278
Comprehensive Income & Other	115.46	130	58	88	73	39
Total Common Equity	26,129	26,143	24,798	24,322	21,542	20,707
Minority Interest	110.44	109	107	104	102	101
Shareholders' Equity	26,240	26,252	24,905	24,426	21,644	20,808
Total Liabilities & Equity	87,190	89,832	89,141	89,940	87,643	82,551
Total Debt	55,394	56,483	58,174	58,453	59,233	53,148
Net Cash (Debt)	-52,775	-49,653	-53,357	-50,921	-51,927	-42,382
Net Cash Per Share	-3763.11	-3540.50	-3798.65	-3631.17	-3702.91	-3022.26
Filing Date Shares Outstanding	14.02	14.02	14.02	14.02	14.02	14.02
Total Common Shares Outstanding	14.02	14.02	14.02	14.02	14.02	14.02
Working Capital	51,410	53,141	52,904	55,184	56,081	53,785
Book Value Per Share	1863.15	1864.12	1768.22	1734.40	1536.16	1476.61
Tangible Book Value	25,135	25,435	23,470	22,880	20,394	20,326
Tangible Book Value Per Share	1792.24	1813.64	1673.53	1631.57	1454.29	1449.45

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