Poplar Balance Sheet

Financials in millions JPY. Fiscal year is March - February.

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	May '25 May 31, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021	2016 - 2020
Cash & Equivalents	1,243	806	752	828	802	2,544	Upgrade
Cash & Short-Term Investments	1,243	806	752	828	802	2,544	Upgrade
Cash Growth	52.52%	7.18%	-9.18%	3.24%	-68.47%	-36.69%	Upgrade
Accounts Receivable	125	217	174	175	134	387	Upgrade
Other Receivables	-	184	200	-	117	-	Upgrade
Receivables	125	401	374	175	251	387	Upgrade
Inventory	251	271	259	286	353	291	Upgrade
Other Current Assets	659	263	311	431	397	681	Upgrade
Total Current Assets	2,278	1,741	1,696	1,720	1,803	3,903	Upgrade
Property, Plant & Equipment	1,621	1,559	1,534	1,571	1,551	1,834	Upgrade
Long-Term Investments	459	379	494	513	573	1,705	Upgrade
Other Intangible Assets	1	3	8	14	241	259	Upgrade
Long-Term Deferred Tax Assets	-	93	71	46	-	-	Upgrade
Other Long-Term Assets	1	2	2	2	2	2	Upgrade
Total Assets	4,360	3,780	3,809	3,872	4,179	7,721	Upgrade
Accounts Payable	864	479	510	548	530	1,721	Upgrade
Accrued Expenses	3	20	17	16	19	13	Upgrade
Short-Term Debt	-	-	-	700	300	50	Upgrade
Current Portion of Long-Term Debt	160	153	206	206	200	217	Upgrade
Current Portion of Leases	-	164	169	169	175	182	Upgrade
Current Income Taxes Payable	440	430	325	466	496	903	Upgrade
Other Current Liabilities	631	378	371	427	447	836	Upgrade
Total Current Liabilities	2,098	1,624	1,598	2,532	2,167	3,922	Upgrade
Long-Term Debt	193	41	195	401	549	749	Upgrade
Long-Term Leases	133	173	339	389	558	758	Upgrade
Long-Term Deferred Tax Liabilities	-	-	-	-	3	82	Upgrade
Other Long-Term Liabilities	713	736	796	849	951	1,415	Upgrade
Total Liabilities	3,568	2,999	3,333	4,566	4,608	7,437	Upgrade
Common Stock	30	30	30	2,908	2,908	2,908	Upgrade
Additional Paid-In Capital	-	-	-	683	683	683	Upgrade
Retained Earnings	771	761	414	-4,310	-4,061	-3,543	Upgrade
Comprehensive Income & Other	-9	-10	32	25	41	236	Upgrade
Shareholders' Equity	792	781	476	-694	-429	284	Upgrade
Total Liabilities & Equity	4,360	3,780	3,809	3,872	4,179	7,721	Upgrade
Total Debt	486	531	909	1,865	1,782	1,956	Upgrade
Net Cash (Debt)	757	275	-157	-1,037	-980	588	Upgrade
Net Cash Growth	966.20%	-	-	-	-	-79.64%	Upgrade
Net Cash Per Share	45.58	16.54	-10.23	-87.98	-83.14	49.88	Upgrade
Filing Date Shares Outstanding	11.79	11.79	11.79	11.79	11.79	11.79	Upgrade
Total Common Shares Outstanding	11.79	11.79	11.79	11.79	11.79	11.79	Upgrade
Working Capital	180	117	98	-812	-364	-19	Upgrade
Book Value Per Share	67.19	66.26	40.38	-58.88	-36.40	24.09	Upgrade
Tangible Book Value	791	778	468	-708	-670	25	Upgrade
Tangible Book Value Per Share	67.11	66.01	39.70	-60.07	-56.84	2.12	Upgrade

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