Tay Two 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
Period Ending	Nov '25 Nov 30, 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
Cash & Equivalents	3,217	2,896	2,856	2,479	1,756	2,043
Cash & Short-Term Investments	3,217	2,896	2,856	2,479	1,756	2,043
Cash Growth	12.56%	1.40%	15.21%	41.17%	-14.05%	57.64%
Accounts Receivable	1,294	918	851	723	581	396
Other Receivables	-	-	-	-	150	-
Receivables	1,294	918	851	723	731	396
Inventory	5,838	4,956	5,043	3,999	3,166	2,925
Other Current Assets	822	522	524	474	397	330
Total Current Assets	11,171	9,292	9,274	7,675	6,050	5,694
Property, Plant & Equipment	2,369	1,771	1,045	866	705	704
Long-Term Investments	2,217	1,875	1,509	1,413	1,413	1,327
Goodwill	-	20	60	101	142	182
Other Intangible Assets	201	214	268	522	387	183
Long-Term Deferred Tax Assets	-	196	233	332	623	103
Other Long-Term Assets	1	-	1	1	2	1
Total Assets	15,959	13,380	12,409	10,940	9,365	8,243
Accounts Payable	1,668	1,146	686	663	491	467
Accrued Expenses	22	64	108	249	148	121
Short-Term Debt	3,500	2,000	1,300	900	-	-
Current Portion of Long-Term Debt	778	335	921	351	1,023	592
Current Portion of Leases	-	3	2	2	7	16
Current Income Taxes Payable	280	502	720	596	496	766
Other Current Liabilities	1,230	681	607	583	542	571
Total Current Liabilities	7,478	4,731	4,344	3,344	2,707	2,533
Long-Term Debt	667	1,385	1,270	1,038	829	1,274
Long-Term Leases	-	5	4	4	5	9
Pension & Post-Retirement Benefits	271	270	313	310	313	297
Other Long-Term Liabilities	990	843	672	644	621	555
Total Liabilities	9,406	7,234	6,603	5,340	4,475	4,668
Common Stock	100	100	100	100	100	1,529
Additional Paid-In Capital	2,712	2,696	2,675	2,620	2,691	1,290
Retained Earnings	4,221	3,829	3,584	3,213	2,279	780
Treasury Stock	-505	-537	-582	-360	-207	-99
Comprehensive Income & Other	25	58	29	27	27	75
Total Common Equity	6,553	6,146	5,806	5,600	4,890	3,575
Shareholders' Equity	6,553	6,146	5,806	5,600	4,890	3,575
Total Liabilities & Equity	15,959	13,380	12,409	10,940	9,365	8,243
Total Debt	4,945	3,728	3,497	2,295	1,864	1,891
Net Cash (Debt)	-1,728	-832	-641	184	-108	152
Net Cash Per Share	-27.22	-13.17	-9.97	2.85	-1.61	2.30
Filing Date Shares Outstanding	63.65	63.38	63.02	64.59	66.31	67.65
Total Common Shares Outstanding	63.65	63.38	63.02	64.59	66.31	67.65
Working Capital	3,693	4,561	4,930	4,331	3,343	3,161
Book Value Per Share	102.95	96.97	92.13	86.70	73.74	52.84
Tangible Book Value	6,352	5,912	5,478	4,977	4,361	3,210
Tangible Book Value Per Share	99.79	93.28	86.92	77.06	65.77	47.45

Updated Nov 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.