Baroque Japan Balance Sheet

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Cash & Equivalents	11,319	11,305	12,181	14,744	15,010
Cash & Short-Term Investments	11,319	11,305	12,181	14,744	15,010
Cash Growth	0.12%	-7.19%	-17.38%	-1.77%	-5.74%
Receivables	2,442	7,760	9,611	8,023	8,869
Inventory	5,067	5,415	5,556	5,983	5,621
Other Current Assets	323	309	303	434	346
Total Current Assets	19,151	24,789	27,651	29,184	29,846
Property, Plant & Equipment	1,643	1,747	1,923	1,553	1,496
Long-Term Investments	7,115	3,204	3,743	3,975	4,815
Other Intangible Assets	3,527	3,246	2,601	1,235	970
Long-Term Deferred Tax Assets	1,156	1,064	1,341	1,297	1,503
Other Long-Term Assets	1	1	2	1	2
Total Assets	32,593	34,051	37,261	37,245	38,632
Accounts Payable	1,915	3,010	2,272	2,990	3,329
Accrued Expenses	710	807	775	780	776
Short-Term Debt	2,000	2,000	2,000	2,000	2,000
Current Portion of Long-Term Debt	1,000	-	-	3,000	3,000
Current Income Taxes Payable	5,181	1,195	1,687	1,193	1,940
Other Current Liabilities	301	304	283	272	268
Total Current Liabilities	11,107	7,316	7,017	10,235	11,313
Long-Term Debt	5,000	6,000	6,000	3,000	3,000
Pension & Post-Retirement Benefits	8	8	17	18	20
Long-Term Deferred Tax Liabilities	-	84	81	78	74
Other Long-Term Liabilities	1,773	1,848	1,944	1,830	1,789
Total Liabilities	17,888	15,256	15,059	15,161	16,196
Common Stock	8,258	8,258	8,258	8,258	8,258
Additional Paid-In Capital	5,705	7,081	8,059	8,059	8,059
Retained Earnings	-75	-367	2,605	3,036	4,168
Treasury Stock	-664	-724	-678	-686	-692
Comprehensive Income & Other	1,481	1,381	1,058	854	459
Total Common Equity	14,705	15,629	19,302	19,521	20,252
Minority Interest	-	3,166	2,900	2,563	2,184
Shareholders' Equity	14,705	18,795	22,202	22,084	22,436
Total Liabilities & Equity	32,593	34,051	37,261	37,245	38,632
Total Debt	8,000	8,000	8,000	8,000	8,000
Net Cash (Debt)	3,319	3,305	4,181	6,744	7,010
Net Cash Growth	0.42%	-20.95%	-38.00%	-3.79%	3.10%
Net Cash Per Share	92.21	91.87	116.06	187.25	194.64
Filing Date Shares Outstanding	36.02	35.97	36.03	36.02	36.01
Total Common Shares Outstanding	36.02	35.97	36.03	36.02	36.01
Working Capital	8,044	17,473	20,634	18,949	18,533
Book Value Per Share	408.25	434.55	535.78	541.96	562.33
Tangible Book Value	11,178	12,383	16,701	18,286	19,282
Tangible Book Value Per Share	310.33	344.30	463.58	507.67	535.40

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