Frontier International Balance Sheet

Financials in millions JPY. Fiscal year is May - April.

Millions JPY. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 31, 2026	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Cash & Equivalents	9,174	7,499	6,434	5,100	6,974	4,093
Cash & Short-Term Investments	9,174	7,499	6,434	5,100	6,974	4,093
Cash Growth	39.32%	16.55%	26.16%	-26.87%	70.39%	10.98%
Receivables	2,388	3,360	2,036	3,663	4,211	2,594
Inventory	732	303	219	159	207	94
Other Current Assets	888	699	591	335	144	197
Total Current Assets	13,182	11,861	9,280	9,257	11,536	6,978
Property, Plant & Equipment	326	167	139	118	122	139
Long-Term Investments	1,940	1,723	1,754	1,506	787	652
Goodwill	792	558	324	-	-	-
Other Intangible Assets	15	10	11	10	9	8
Long-Term Deferred Tax Assets	-	161	113	221	240	52
Other Long-Term Assets	1	2	2	2	2	2
Total Assets	16,256	14,482	11,623	11,114	12,696	7,831
Accounts Payable	2,850	2,627	1,826	1,608	2,568	1,300
Accrued Expenses	113	654	517	387	446	308
Short-Term Debt	110	110	80	-	-	-
Current Portion of Long-Term Debt	53	59	88	-	-	-
Current Income Taxes Payable	659	415	15	343	1,115	119
Current Unearned Revenue	-	269	82	47	33	40
Other Current Liabilities	1,443	618	174	365	796	374
Total Current Liabilities	5,228	4,752	2,782	2,750	4,958	2,141
Long-Term Debt	144	140	200	-	-	-
Pension & Post-Retirement Benefits	564	472	314	294	346	317
Other Long-Term Liabilities	316	91	81	77	72	74
Total Liabilities	6,252	5,455	3,377	3,121	5,376	2,532
Common Stock	51	51	51	51	51	51
Additional Paid-In Capital	378	378	378	378	378	378
Retained Earnings	9,289	8,736	8,034	7,804	6,909	4,896
Treasury Stock	-284	-284	-284	-284	-116	-116
Comprehensive Income & Other	92	68	67	44	98	90
Total Common Equity	9,526	8,949	8,246	7,993	7,320	5,299
Minority Interest	478	78	-	-	-	-
Shareholders' Equity	10,004	9,027	8,246	7,993	7,320	5,299
Total Liabilities & Equity	16,256	14,482	11,623	11,114	12,696	7,831
Total Debt	307	309	368	-	-	-
Net Cash (Debt)	8,867	7,190	6,066	5,100	6,974	4,093
Net Cash Growth	41.92%	18.53%	18.94%	-26.87%	70.39%	10.98%
Net Cash Per Share	994.74	807.88	681.44	563.66	769.80	447.70
Filing Date Shares Outstanding	8.9	8.9	8.9	8.9	9.05	9.05
Total Common Shares Outstanding	8.9	8.9	8.9	8.9	9.05	9.05
Working Capital	7,954	7,109	6,498	6,507	6,578	4,837
Book Value Per Share	1070.36	1005.53	926.54	898.11	809.07	585.69
Tangible Book Value	8,719	8,381	7,911	7,983	7,311	5,291
Tangible Book Value Per Share	979.68	941.71	888.90	896.99	808.08	584.81

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