TYO:3470 Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Property, Plant & Equipment	60,647	61,282	49,715	39,100	29,378
Cash & Equivalents	1,832	1,113	1,681	1,692	1,322
Accounts Receivable	17	18	16	21	23
Investment In Debt and Equity Securities	-	-	-	-	1
Other Intangible Assets	-	-	-	-	3
Restricted Cash	5,310	5,702	3,472	2,451	2,039
Other Current Assets	260	563	138	91	83
Deferred Long-Term Charges	-	-	-	-	9
Other Long-Term Assets	27	57	44	29	143
Total Assets	68,093	68,735	55,066	43,384	33,001
Current Portion of Long-Term Debt	6,240	4,435	4,435	3,452	2,045
Long-Term Debt	27,100	28,905	22,385	17,640	14,107
Accounts Payable	124	173	197	184	291
Accrued Expenses	357	324	273	268	178
Other Current Liabilities	602	566	395	334	255
Other Long-Term Liabilities	3,662	4,018	2,252	1,488	1,288
Total Liabilities	38,085	38,421	29,937	23,666	18,164
Common Stock	29,175	29,337	24,416	19,052	14,287
Retained Earnings	833	976	712	666	550
Comprehensive Income & Other	-	1	1	-	-
Shareholders' Equity	30,008	30,314	25,129	19,718	14,837
Total Liabilities & Equity	68,093	68,735	55,066	43,384	33,001
Total Debt	33,340	33,340	26,820	21,392	16,152
Net Cash (Debt)	-31,508	-32,227	-25,139	-19,700	-14,830
Net Cash Per Share	-111931.34	-128058.21	-106996.32	-103541.43	-97131.25
Filing Date Shares Outstanding	0.28	0.28	0.24	0.19	0.15
Total Common Shares Outstanding	0.28	0.28	0.24	0.19	0.15
Book Value Per Share	106602.63	107689.68	105928.97	102577.17	97177.10
Tangible Book Value	30,008	30,314	25,129	19,718	14,834
Tangible Book Value Per Share	106602.63	107689.68	105928.97	102577.17	97157.45
Land	-	-	-	-	17,712
Buildings	-	-	-	-	11,551
Construction In Progress	-	-	-	-	1