FORLIFE Balance Sheet

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	2,557	3,222	2,446	2,658	2,029	2,161
Cash & Short-Term Investments	2,557	3,222	2,446	2,658	2,029	2,161
Cash Growth	-1.20%	31.72%	-7.98%	31.00%	-6.11%	61.27%
Accounts Receivable	-	-	-	-	-	276
Other Receivables	-	-	-	21	-	-
Receivables	-	-	-	21	-	276
Inventory	6,824	5,596	4,214	4,836	4,677	3,734
Prepaid Expenses	-	47	35	40	42	35
Other Current Assets	557	413	307	421	497	68
Total Current Assets	9,938	9,278	7,002	7,976	7,245	6,274
Property, Plant & Equipment	229	225	778	396	231	215
Long-Term Investments	100	43	50	39	45	35
Other Intangible Assets	11	8	4	6	8	11
Long-Term Deferred Tax Assets	-	63	49	53	47	41
Other Long-Term Assets	2	1	2	2	1	2
Total Assets	10,280	9,618	7,885	8,472	7,577	6,578
Accounts Payable	642	613	422	606	542	437
Accrued Expenses	71	132	124	110	89	78
Short-Term Debt	4,892	4,171	2,842	3,462	2,692	1,990
Current Portion of Long-Term Debt	70	73	216	311	180	200
Current Portion of Leases	-	3	3	3	3	2
Current Income Taxes Payable	25	363	99	89	221	210
Other Current Liabilities	361	177	138	124	196	228
Total Current Liabilities	6,061	5,532	3,844	4,705	3,923	3,145
Long-Term Debt	57	104	564	398	422	602
Long-Term Leases	-	7	2	6	9	6
Other Long-Term Liabilities	8	2	2	2	2	4
Total Liabilities	6,126	5,645	4,412	5,111	4,356	3,757
Common Stock	154	154	154	154	154	154
Additional Paid-In Capital	104	104	104	104	104	104
Retained Earnings	3,895	3,714	3,214	3,102	2,962	2,562
Comprehensive Income & Other	1	1	1	1	1	1
Shareholders' Equity	4,154	3,973	3,473	3,361	3,221	2,821
Total Liabilities & Equity	10,280	9,618	7,885	8,472	7,577	6,578
Total Debt	5,019	4,358	3,627	4,180	3,306	2,800
Net Cash (Debt)	-2,462	-1,136	-1,181	-1,522	-1,277	-639
Net Cash Per Share	-615.62	-284.05	-295.31	-380.57	-638.62	-319.55
Filing Date Shares Outstanding	4	4	4	4	2	2
Total Common Shares Outstanding	4	4	4	4	2	2
Working Capital	3,877	3,746	3,158	3,271	3,322	3,129
Book Value Per Share	1038.70	993.44	868.42	840.41	1610.81	1410.76
Tangible Book Value	4,143	3,965	3,469	3,355	3,213	2,810
Tangible Book Value Per Share	1035.95	991.44	867.42	838.91	1606.81	1405.25
Order Backlog	-	3,014	2,497	2,719	2,759	2,526

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.