Lapine 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	332	760	1,279	2,088	1,560	1,231
Cash & Short-Term Investments	332	760	1,279	2,088	1,560	1,231
Cash Growth	-61.08%	-40.58%	-38.75%	33.85%	26.73%	46.72%
Receivables	268	215	242	245	337	554
Inventory	515	313	230	148	256	529
Other Current Assets	25	37	59	28	69	99
Total Current Assets	1,140	1,325	1,810	2,509	2,222	2,413
Property, Plant & Equipment	941	941	944	941	941	955
Long-Term Investments	923	774	682	573	519	511
Other Long-Term Assets	-	1	-	1	1	1
Total Assets	3,004	3,041	3,436	4,024	3,683	3,880
Accounts Payable	232	116	144	201	289	155
Accrued Expenses	46	46	48	45	-	13
Short-Term Debt	833	845	904	1,070	1,070	600
Current Portion of Long-Term Debt	29	49	-	-	-	441
Current Income Taxes Payable	179	199	335	423	545	865
Other Current Liabilities	33	22	34	89	101	312
Total Current Liabilities	1,352	1,277	1,465	1,828	2,005	2,386
Long-Term Debt	692	680	730	730	570	599
Pension & Post-Retirement Benefits	-	-	-	-	116	14
Long-Term Deferred Tax Liabilities	90	72	56	34	1	13
Other Long-Term Liabilities	168	169	268	277	194	145
Total Liabilities	2,302	2,198	2,519	2,869	2,886	3,157
Common Stock	30	30	30	30	30	30
Additional Paid-In Capital	849	849	849	849	849	2,986
Retained Earnings	-350	-134	-5	316	158	-2,132
Treasury Stock	-246	-246	-246	-246	-246	-253
Comprehensive Income & Other	419	344	289	206	6	92
Shareholders' Equity	702	843	917	1,155	797	723
Total Liabilities & Equity	3,004	3,041	3,436	4,024	3,683	3,880
Total Debt	1,554	1,574	1,634	1,800	1,640	1,640
Net Cash (Debt)	-1,222	-814	-355	288	-80	-409
Net Cash Per Share	-516.97	-344.33	-150.17	121.52	-33.78	-173.89
Filing Date Shares Outstanding	2.36	2.36	2.36	2.36	2.36	2.36
Total Common Shares Outstanding	2.36	2.36	2.36	2.36	2.36	2.36
Working Capital	-212	48	345	681	217	27
Book Value Per Share	296.98	356.59	387.86	488.52	337.09	306.50
Tangible Book Value	702	843	917	1,155	797	723
Tangible Book Value Per Share	296.98	356.59	387.86	488.52	337.09	306.50

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