Kyoshin 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	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022
Cash & Equivalents	4,683	5,569	5,094	4,372	3,219
Cash & Short-Term Investments	4,683	5,569	5,094	4,372	3,219
Cash Growth	-15.91%	9.32%	16.51%	35.82%	-1.92%
Receivables	1,057	780	737	788	771
Inventory	120	90	82	81	82
Other Current Assets	1,012	796	856	771	711
Total Current Assets	6,872	7,235	6,769	6,012	4,783
Property, Plant & Equipment	10,444	10,623	10,763	11,192	11,503
Long-Term Investments	2,186	2,000	1,973	1,903	1,882
Goodwill	633	371	502	635	1,203
Other Intangible Assets	646	486	510	459	407
Long-Term Deferred Tax Assets	1,237	1,311	1,218	989	948
Other Long-Term Assets	2	2	1	1	1
Total Assets	22,020	22,028	21,736	21,191	20,727
Accounts Payable	206	141	136	150	90
Accrued Expenses	390	235	197	201	136
Short-Term Debt	3,500	3,300	3,200	3,300	2,600
Current Portion of Long-Term Debt	1,363	1,415	1,477	1,467	1,500
Current Portion of Leases	137	119	109	109	96
Current Income Taxes Payable	1,404	1,642	1,231	1,191	1,047
Other Current Liabilities	2,052	2,826	2,636	2,562	2,469
Total Current Liabilities	9,052	9,678	8,986	8,980	7,938
Long-Term Debt	3,014	2,634	2,947	3,250	3,626
Long-Term Leases	2,612	2,395	2,127	2,238	2,100
Pension & Post-Retirement Benefits	1,948	1,916	2,146	2,132	2,120
Long-Term Deferred Tax Liabilities	454	448	608	740	786
Other Long-Term Liabilities	1,034	1,059	1,037	478	470
Total Liabilities	18,114	18,130	17,851	17,818	17,040
Common Stock	327	327	327	327	327
Additional Paid-In Capital	263	263	263	263	263
Retained Earnings	3,807	3,765	3,824	3,361	3,736
Treasury Stock	-726	-726	-695	-695	-695
Comprehensive Income & Other	235	269	166	117	56
Shareholders' Equity	3,906	3,898	3,885	3,373	3,687
Total Liabilities & Equity	22,020	22,028	21,736	21,191	20,727
Total Debt	10,626	9,863	9,860	10,364	9,922
Net Cash (Debt)	-5,943	-4,294	-4,766	-5,992	-6,703
Net Cash Per Share	-772.41	-552.70	-612.14	-769.61	-860.93
Filing Date Shares Outstanding	7.69	7.69	7.79	7.79	7.79
Total Common Shares Outstanding	7.69	7.69	7.79	7.79	7.79
Working Capital	-2,180	-2,443	-2,217	-2,968	-3,155
Book Value Per Share	508.21	507.17	498.99	433.23	473.56
Tangible Book Value	2,627	3,041	2,873	2,279	2,077
Tangible Book Value Per Share	341.80	395.67	369.01	292.71	266.77