Izawa Towel 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
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024
Cash & Equivalents	1,126	1,677	1,885
Cash & Short-Term Investments	1,126	1,677	1,885
Cash Growth	-32.82%	-11.05%	-
Accounts Receivable	2,012	1,503	1,584
Other Receivables	134.38	225.34	335.52
Receivables	2,146	1,735	1,931
Inventory	510.12	419.19	270.87
Prepaid Expenses	22.3	24.68	31.5
Other Current Assets	474.54	339.79	397.31
Total Current Assets	4,279	4,195	4,516
Property, Plant & Equipment	722.56	719.59	725.94
Long-Term Investments	154.7	2.68	2.68
Goodwill	3,124	3,325	3,527
Other Intangible Assets	1.03	1.75	2.49
Long-Term Deferred Tax Assets	56.73	45.9	75.14
Other Long-Term Assets	138.75	89.97	240.13
Total Assets	8,477	8,380	9,089
Accounts Payable	628.06	565.26	613.45
Accrued Expenses	83.66	48.66	46.05
Current Portion of Long-Term Debt	230	230	230
Current Income Taxes Payable	318.26	368.96	694.97
Other Current Liabilities	245.27	219.93	253.71
Total Current Liabilities	1,505	1,433	1,838
Long-Term Debt	2,835	3,065	3,295
Total Liabilities	4,340	4,498	5,133
Common Stock	30	30	30
Additional Paid-In Capital	2,709	2,709	2,709
Retained Earnings	1,480	1,144	1,217
Treasury Stock	-81.55	-	-
Comprehensive Income & Other	0.02	0.14	0.15
Shareholders' Equity	4,137	3,882	3,956
Total Liabilities & Equity	8,477	8,380	9,089
Total Debt	3,065	3,295	3,525
Net Cash (Debt)	-1,939	-1,618	-1,640
Net Cash Per Share	-190.03	-161.84	-
Filing Date Shares Outstanding	9.89	10	10
Total Common Shares Outstanding	9.89	10	10
Working Capital	2,774	2,762	2,678
Book Value Per Share	418.45	388.23	395.61
Tangible Book Value	1,012	555.11	426.62
Tangible Book Value Per Share	102.35	55.51	42.66
Land	-	620.15	620.15
Buildings	-	212.51	211.05
Machinery	-	42.1	40.02
Order Backlog	-	2,416	-

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