Vario Secure Balance Sheet

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '25 May 31, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Cash & Equivalents	780.68	759.91	822.3	1,040	389.85	593.93
Cash & Short-Term Investments	780.68	759.91	822.3	1,040	389.85	593.93
Cash Growth	0.02%	-7.59%	-20.93%	166.76%	-34.36%	-6.06%
Receivables	489.14	452.08	458.22	443.9	464.75	461.32
Inventory	197.63	144.55	189.36	260.28	218.1	119.74
Other Current Assets	196.2	211.58	138.88	181.14	176.38	144.2
Total Current Assets	1,664	1,568	1,609	1,925	1,249	1,319
Property, Plant & Equipment	275.01	282.41	227.67	158.91	206.73	293.23
Goodwill	5,055	5,055	5,055	5,055	5,055	5,055
Other Intangible Assets	333.23	337.47	343.68	296.08	242.73	173.41
Long-Term Deferred Tax Assets	90.14	93.05	153.67	166.35	131.67	139.88
Other Long-Term Assets	204.21	240.58	261.55	224.95	237.25	235.84
Total Assets	7,621	7,576	7,650	7,826	7,122	7,216
Accounts Payable	127.8	118.69	106.6	81.75	134.21	108.01
Current Portion of Long-Term Debt	200	200	200	200	1,787	369.76
Current Income Taxes Payable	39.3	12.57	66.3	105.25	93.51	120.43
Other Current Liabilities	265.06	285.55	403.51	445.67	389.58	394.48
Total Current Liabilities	632.16	616.81	776.41	832.67	2,404	992.68
Long-Term Debt	850	900	1,100	1,300	-	1,787
Long-Term Leases	64.06	70.39	28.84	-	28.84	102.73
Other Long-Term Liabilities	77.43	97.16	196.52	314.54	366.19	384.72
Total Liabilities	1,624	1,684	2,102	2,447	2,799	3,267
Common Stock	751.8	751.8	750.87	749.76	330.02	320.07
Additional Paid-In Capital	2,052	2,052	2,052	2,048	1,642	1,630
Retained Earnings	3,193	3,088	2,746	2,581	2,351	1,999
Treasury Stock	-0.09	-0.09	-0.09	-0.09	-0.05	-
Comprehensive Income & Other	-	0	-	-	0	-
Shareholders' Equity	5,997	5,892	5,548	5,379	4,323	3,949
Total Liabilities & Equity	7,621	7,576	7,650	7,826	7,122	7,216
Total Debt	1,114	1,170	1,329	1,500	1,816	2,259
Net Cash (Debt)	-333.38	-410.48	-506.54	-460.04	-1,426	-1,665
Net Cash Per Share	-73.53	-90.51	-110.93	-109.43	-362.11	-420.00
Filing Date Shares Outstanding	4.52	4.52	4.52	4.52	3.8	3.77
Total Common Shares Outstanding	4.52	4.52	4.52	4.52	3.8	3.77
Working Capital	1,031	951.32	832.35	1,093	-1,155	326.51
Book Value Per Share	1326.86	1303.56	1227.87	1191.32	1137.83	1048.52
Tangible Book Value	609.37	499.8	149.87	28.29	-974.29	-1,279
Tangible Book Value Per Share	134.82	110.58	33.17	6.26	-256.43	-339.47

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