Frontier International Balance Sheet

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

Millions JPY. Fiscal year is May - Apr.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Apr '26 Apr 30, 2026	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022
Cash & Equivalents	9,169	7,499	6,434	5,100	6,974
Cash & Short-Term Investments	9,169	7,499	6,434	5,100	6,974
Cash Growth	22.27%	16.55%	26.16%	-26.87%	70.39%
Receivables	2,735	3,360	2,036	3,663	4,211
Inventory	503	303	219	159	207
Other Current Assets	962	699	591	335	144
Total Current Assets	13,369	11,861	9,280	9,257	11,536
Property, Plant & Equipment	330	167	139	118	122
Long-Term Investments	2,064	1,723	1,754	1,506	787
Goodwill	716	558	324	-	-
Other Intangible Assets	14	10	11	10	9
Long-Term Deferred Tax Assets	228	161	113	221	240
Other Long-Term Assets	2	2	2	2	2
Total Assets	16,723	14,482	11,623	11,114	12,696
Accounts Payable	2,700	2,627	1,826	1,608	2,568
Accrued Expenses	657	654	517	387	446
Short-Term Debt	110	110	80	-	-
Current Portion of Long-Term Debt	53	59	88	-	-
Current Income Taxes Payable	515	415	15	343	1,115
Current Unearned Revenue	225	269	82	47	33
Other Current Liabilities	1,134	618	174	365	796
Total Current Liabilities	5,394	4,752	2,782	2,750	4,958
Long-Term Debt	130	140	200	-	-
Pension & Post-Retirement Benefits	540	472	314	294	346
Other Long-Term Liabilities	318	91	81	77	72
Total Liabilities	6,382	5,455	3,377	3,121	5,376
Common Stock	51	51	51	51	51
Additional Paid-In Capital	399	378	378	378	378
Retained Earnings	9,541	8,736	8,034	7,804	6,909
Treasury Stock	-235	-284	-284	-284	-116
Comprehensive Income & Other	115	68	67	44	98
Total Common Equity	9,871	8,949	8,246	7,993	7,320
Minority Interest	470	78	-	-	-
Shareholders' Equity	10,341	9,027	8,246	7,993	7,320
Total Liabilities & Equity	16,723	14,482	11,623	11,114	12,696
Total Debt	293	309	368	-	-
Net Cash (Debt)	8,876	7,190	6,066	5,100	6,974
Net Cash Growth	23.45%	18.53%	18.94%	-26.87%	70.39%
Net Cash Per Share	989.55	807.88	681.44	563.66	769.80
Filing Date Shares Outstanding	8.92	8.9	8.9	8.9	9.05
Total Common Shares Outstanding	8.92	8.9	8.9	8.9	9.05
Working Capital	7,975	7,109	6,498	6,507	6,578
Book Value Per Share	1106.10	1005.53	926.54	898.11	809.07
Tangible Book Value	9,141	8,381	7,911	7,983	7,311
Tangible Book Value Per Share	1024.30	941.71	888.90	896.99	808.08