Sun Frontier Fudousan Balance Sheet

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	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	43,712	38,502	44,754	47,867	42,016	30,053
Short-Term Investments	-	772	166	-	-	-
Cash & Short-Term Investments	43,712	39,274	44,920	47,867	42,016	30,053
Cash Growth	7.19%	-12.57%	-6.16%	13.93%	39.81%	39.73%
Receivables	3,662	3,769	2,090	2,100	1,607	924
Inventory	201,176	178,468	133,673	106,867	80,179	77,339
Other Current Assets	4,377	4,194	3,023	2,684	2,084	2,604
Total Current Assets	252,927	225,705	183,706	159,518	125,886	110,920
Property, Plant & Equipment	27,408	26,247	24,291	22,323	20,410	18,796
Long-Term Investments	-	-	-	3,982	3,373	5,186
Goodwill	1,702	1,851	923	579	343	408
Other Intangible Assets	1,470	1,490	1,365	614	472	164
Long-Term Deferred Tax Assets	1,946	2,687	1,966	1,644	2,033	1,036
Other Long-Term Assets	5,969	5,816	4,480	1	2	2
Total Assets	292,078	264,463	218,190	188,661	152,519	136,512
Accounts Payable	6,274	5,329	3,521	2,810	2,106	1,345
Accrued Expenses	287	507	408	359	310	264
Short-Term Debt	2,925	1,310	100	62	50	30
Current Portion of Long-Term Debt	9,931	9,063	10,140	12,207	5,442	6,874
Current Income Taxes Payable	1,793	4,358	4,994	2,967	1,699	3,528
Other Current Liabilities	11,548	10,136	7,500	6,362	6,756	4,169
Total Current Liabilities	32,758	30,703	26,663	24,767	16,363	16,210
Long-Term Debt	117,809	107,658	82,218	67,271	50,170	44,169
Pension & Post-Retirement Benefits	391	391	1	1	5	6
Other Long-Term Liabilities	5,027	5,329	3,419	2,207	2,017	1,676
Total Liabilities	155,985	144,081	112,301	94,246	68,555	62,061
Common Stock	21,118	14,414	11,965	11,965	11,965	11,965
Additional Paid-In Capital	15,604	8,901	6,462	6,433	6,445	6,445
Retained Earnings	97,227	95,252	82,723	71,725	62,289	52,917
Treasury Stock	-321	-324	-202	-233	-270	-67
Comprehensive Income & Other	1,852	1,519	1,239	658	302	52
Total Common Equity	135,480	119,762	102,187	90,548	80,731	71,312
Minority Interest	613	620	3,702	3,867	3,233	3,139
Shareholders' Equity	136,093	120,382	105,889	94,415	83,964	74,451
Total Liabilities & Equity	292,078	264,463	218,190	188,661	152,519	136,512
Total Debt	130,665	118,031	92,458	79,540	55,662	51,073
Net Cash (Debt)	-86,953	-78,757	-47,538	-31,673	-13,646	-21,020
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1542.27	-1431.86	-863.49	-613.27	-280.57	-431.23
Filing Date Shares Outstanding	57.18	57.18	48.58	48.55	48.52	48.56
Total Common Shares Outstanding	57.18	51.68	48.58	48.55	48.52	48.7
Working Capital	220,169	195,002	157,043	134,751	109,523	94,710
Book Value Per Share	2369.19	2317.17	2103.35	1864.96	1663.93	1464.35
Tangible Book Value	132,308	116,421	99,899	89,355	79,916	70,740
Tangible Book Value Per Share	2313.72	2252.52	2056.26	1840.39	1647.13	1452.60
Land	-	9,387	9,888	-	-	-
Buildings	-	20,749	17,205	-	-	-