Frontier Management Inc. (TYO:7038)

Frontier Management Balance Sheet

Financials in millions JPY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	4,727	7,561	5,838	3,199	1,784	1,899
Cash & Short-Term Investments	4,727	7,561	5,838	3,199	1,784	1,899
Cash Growth	-54.41%	29.51%	82.49%	79.32%	-6.06%	9.58%
Receivables	4,736	3,609	1,996	912	1,067	949
Other Current Assets	623	300	325	165	147	146
Total Current Assets	11,105	11,470	8,159	4,276	2,998	2,994
Property, Plant & Equipment	816	223	282	313	208	218
Long-Term Investments	1,997	1,792	1,748	420	324	344
Goodwill	3,793	206	235	265	-	-
Other Intangible Assets	152	38	24	29	11	11
Long-Term Deferred Tax Assets	391	431	419	346	277	224
Long-Term Deferred Charges	2	3	5	7	-	-
Other Long-Term Assets	2	2	2	2	1	1
Total Assets	18,258	14,165	10,874	5,658	3,819	3,792
Accounts Payable	426	127	111	71	45	59
Accrued Expenses	136	948	1,037	769	553	506
Short-Term Debt	800	-	-	-	-	-
Current Portion of Long-Term Debt	548	248	237	138	-	-
Current Income Taxes Payable	471	407	604	417	354	376
Other Current Liabilities	917	392	580	473	330	320
Total Current Liabilities	3,298	2,122	2,569	1,868	1,282	1,261
Long-Term Debt	4,111	1,148	1,352	639	-	-
Long-Term Deferred Tax Liabilities	94	13	-	-	-	-
Other Long-Term Liabilities	290	134	132	138	85	84
Total Liabilities	7,793	3,417	4,053	2,645	1,367	1,345
Common Stock	393	386	374	210	178	163
Additional Paid-In Capital	769	745	734	577	558	835
Retained Earnings	876	1,424	2,599	2,139	1,696	1,496
Treasury Stock	-8	-8	-8	-8	-36	-58
Comprehensive Income & Other	221	153	57	42	56	11
Total Common Equity	2,251	2,700	3,756	2,960	2,452	2,447
Minority Interest	8,214	8,048	3,065	53	-	-
Shareholders' Equity	10,465	10,748	6,821	3,013	2,452	2,447
Total Liabilities & Equity	18,258	14,165	10,874	5,658	3,819	3,792
Total Debt	5,459	1,396	1,589	777	-	-
Net Cash (Debt)	-732	6,165	4,249	2,422	1,784	1,899
Net Cash Growth	-	45.09%	75.43%	35.76%	-6.06%	9.58%
Net Cash Per Share	-62.28	525.26	361.81	208.53	154.04	162.83
Filing Date Shares Outstanding	11.77	11.74	11.73	11.48	11.4	11.35
Total Common Shares Outstanding	11.77	11.73	11.72	11.46	11.39	11.49
Working Capital	7,807	9,348	5,590	2,408	1,716	1,733
Book Value Per Share	191.25	230.16	320.52	258.23	215.23	212.92
Tangible Book Value	-1,694	2,456	3,497	2,666	2,441	2,436
Tangible Book Value Per Share	-143.93	209.36	298.42	232.58	214.26	211.96

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