Nomura Real Estate Master Fund, Inc. (TYO:3462)

TYO:3462 Balance Sheet

Financials in millions JPY. Fiscal year is September - August.

Fiscal Year	FY 2025	FY	FY 2024	FY 2023	FY 2022
Period Ending	Aug 31, 2025	Mar 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022
Property, Plant & Equipment	1,048,726	-	1,053,897	1,053,530	1,053,949
Cash & Equivalents	37,629	-	32,469	51,035	44,892
Accounts Receivable	1,227	-	945.97	781.22	758.66
Other Receivables	7.25	-	0.65	-	-
Goodwill	54,120	-	59,365	64,609	69,854
Other Intangible Assets	20,936	-	18,001	16,880	13,273
Restricted Cash	13,565	-	13,204	-	-
Other Current Assets	1,623	-	1,675	1,629	1,405
Deferred Long-Term Charges	167.02	-	149.47	140.37	133.57
Other Long-Term Assets	3,281	-	3,470	3,523	3,316
Total Assets	1,181,280	-	1,183,176	1,192,127	1,187,582
Current Portion of Long-Term Debt	65,600	-	70,362	47,940	64,470
Current Portion of Leases	1.37	-	3.33	3.48	0.87
Long-Term Debt	456,620	-	449,930	471,442	453,048
Long-Term Leases	5.58	-	0.22	3.55	1.6
Accounts Payable	2,952	-	2,837	3,113	2,676
Accrued Expenses	1,574	-	923.75	931.75	1,378
Current Income Taxes Payable	0.61	-	0.61	0.57	2.09
Current Unearned Revenue	5,711	-	5,577	5,636	5,630
Other Current Liabilities	3,156	-	3,704	3,265	2,659
Other Long-Term Liabilities	42,514	-	42,635	43,101	42,588
Total Liabilities	578,134	-	576,973	577,437	572,454
Common Stock	245,172	-	245,128	245,067	244,997
Additional Paid-In Capital	340,384	-	343,384	352,855	356,584
Retained Earnings	17,590	-	17,691	16,772	13,595
Comprehensive Income & Other	0	-	0	-4.09	-47.82
Shareholders' Equity	603,146	-	606,202	614,690	615,128
Total Liabilities & Equity	1,181,280	-	1,183,176	1,192,127	1,187,582
Total Debt	522,227	-	521,296	521,389	517,520
Net Cash (Debt)	-484,598	-	-488,827	-470,354	-472,628
Net Cash Per Share	-104202.07	-	-103779.63	-99752.72	-100234.99
Filing Date Shares Outstanding	4.65	-	4.67	4.72	4.72
Total Common Shares Outstanding	4.65	-	4.67	4.72	4.72
Book Value Per Share	129810.29	-	129878.87	130363.57	130456.40
Tangible Book Value	528,090	-	528,837	533,201	532,001
Tangible Book Value Per Share	113656.62	-	113303.27	113081.38	112826.87
Land	751,692	-	756,017	754,347	749,345
Buildings	391,215	-	384,443	377,020	373,581
Construction In Progress	280.24	-	183.76	131.45	54.31

Updated Aug 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.