Frontier Management Inc. (TYO:7038)

Frontier Management Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	3,133	5,323	7,561	5,838	3,199	1,784
Cash & Short-Term Investments	3,133	5,323	7,561	5,838	3,199	1,784
Cash Growth	-44.77%	-29.60%	29.51%	82.49%	79.32%	-6.06%
Receivables	5,725	4,726	3,609	1,996	912	1,067
Inventory	548	600	-	-	-	-
Other Current Assets	1,056	786	300	325	165	147
Total Current Assets	10,462	11,435	11,470	8,159	4,276	2,998
Property, Plant & Equipment	895	935	223	282	313	208
Long-Term Investments	1,833	1,815	1,792	1,748	420	324
Goodwill	2,908	3,080	206	235	265	-
Other Intangible Assets	778	832	38	24	29	11
Long-Term Deferred Tax Assets	276	333	431	419	346	277
Long-Term Deferred Charges	1	2	3	5	7	-
Other Long-Term Assets	2	2	2	2	2	1
Total Assets	17,155	18,434	14,165	10,874	5,658	3,819

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	309	376	127	111	71	45
Accrued Expenses	259	896	948	1,037	769	553
Short-Term Debt	800	800	-	-	-	-
Current Portion of Long-Term Debt	548	548	248	237	138	-
Current Income Taxes Payable	443	564	407	604	417	354
Other Current Liabilities	611	598	392	580	473	330
Total Current Liabilities	2,970	3,782	2,122	2,569	1,868	1,282
Long-Term Debt	3,775	4,049	1,148	1,352	639	-
Long-Term Deferred Tax Liabilities	334	371	13	-	-	-
Other Long-Term Liabilities	256	290	134	132	138	85
Total Liabilities	7,335	8,492	3,417	4,053	2,645	1,367

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	401	395	386	374	210	178
Additional Paid-In Capital	761	754	745	734	577	558
Retained Earnings	202	317	1,424	2,599	2,139	1,696
Treasury Stock	-8	-8	-8	-8	-8	-36
Comprehensive Income & Other	281	287	153	57	42	56
Total Common Equity	1,637	1,745	2,700	3,756	2,960	2,452
Minority Interest	8,183	8,197	8,048	3,065	53	-
Shareholders' Equity	9,820	9,942	10,748	6,821	3,013	2,452
Total Liabilities & Equity	17,155	18,434	14,165	10,874	5,658	3,819

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	5,123	5,397	1,396	1,589	777	-
Net Cash (Debt)	-1,990	-74	6,165	4,249	2,422	1,784
Net Cash Growth	-	-	45.09%	75.43%	35.76%	-6.06%
Net Cash Per Share	-169.14	-6.29	525.26	361.81	208.53	154.04
Filing Date Shares Outstanding	11.79	11.75	11.74	11.73	11.48	11.4
Total Common Shares Outstanding	11.79	11.77	11.73	11.72	11.46	11.39
Working Capital	7,492	7,653	9,348	5,590	2,408	1,716
Book Value Per Share	138.90	148.23	230.16	320.52	258.23	215.23
Tangible Book Value	-2,049	-2,167	2,456	3,497	2,666	2,441
Tangible Book Value Per Share	-173.86	-184.08	209.36	298.42	232.58	214.26

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 19, 2026

Data Sources Report a data error