Heiwa Real Estate Balance Sheet

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	19,931	19,343	20,416	20,908	23,211
Short-Term Investments	13,482	5,997	8,005	6,999	5,014
Cash & Short-Term Investments	33,413	25,340	28,421	27,907	28,225
Cash Growth	31.86%	-10.84%	1.84%	-1.13%	-4.97%
Receivables	2,114	3,464	2,665	2,970	3,408
Inventory	56,067	29,853	21,212	14,451	19,874
Other Current Assets	1,779	1,379	959	1,302	2,041
Total Current Assets	93,373	60,036	53,257	46,630	53,548
Property, Plant & Equipment	272,043	282,350	275,522	279,526	249,379
Long-Term Investments	45,641	45,419	45,248	40,978	44,145
Goodwill	560	602	645	-	-
Other Intangible Assets	30,553	30,562	30,675	30,658	28,811
Long-Term Deferred Tax Assets	228	243	250	226	156
Long-Term Deferred Charges	280	326	381	314	169
Other Long-Term Assets	9,160	3	1	1	2
Total Assets	451,838	419,541	405,979	398,333	376,210
Accounts Payable	1,871	1,698	1,923	5,727	3,367
Accrued Expenses	501	427	381	390	368
Short-Term Debt	800	800	800	3,800	3,800
Current Portion of Long-Term Debt	30,983	22,954	20,305	19,375	17,404
Current Income Taxes Payable	2,748	2,683	3,412	3,260	3,396
Other Current Liabilities	5,069	3,845	2,231	1,991	2,375
Total Current Liabilities	41,972	32,407	29,052	34,543	30,710
Long-Term Debt	232,765	221,925	201,567	198,869	181,032
Pension & Post-Retirement Benefits	190	180	126	234	119
Long-Term Deferred Tax Liabilities	17,320	14,701	16,652	16,163	17,783
Other Long-Term Liabilities	32,830	32,330	32,938	29,201	27,288
Total Liabilities	325,077	301,543	280,335	279,010	256,932
Common Stock	21,492	21,492	21,492	21,492	21,492
Additional Paid-In Capital	19,720	19,720	19,720	19,720	19,720
Retained Earnings	57,720	64,580	61,012	56,298	50,258
Treasury Stock	-9,016	-19,043	-9,989	-9,997	-7,306
Comprehensive Income & Other	36,845	31,249	33,409	31,810	35,114
Shareholders' Equity	126,761	117,998	125,644	119,323	119,278
Total Liabilities & Equity	451,838	419,541	405,979	398,333	376,210
Total Debt	264,548	245,679	222,672	222,044	202,236
Net Cash (Debt)	-231,135	-220,339	-194,251	-194,137	-174,011
Net Cash Per Share	-3470.17	-3260.51	-2713.84	-2701.30	-2366.27
Filing Date Shares Outstanding	66.07	66.78	66.78	71.57	72.96
Total Common Shares Outstanding	66.07	66.78	71.58	71.57	72.96
Working Capital	51,401	27,629	24,205	12,087	22,838
Book Value Per Share	1918.58	1767.06	1755.31	1667.15	1634.86
Tangible Book Value	95,648	86,834	94,324	88,665	90,467
Tangible Book Value Per Share	1447.67	1300.37	1317.76	1238.81	1239.97
Construction In Progress	33,616	-	-	-	-