Heiwa Real Estate REIT, Inc. (TYO:8966)

Heiwa Real Estate REIT Balance Sheet

Financials in millions JPY. Fiscal year is June - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 30, 2025	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Property, Plant & Equipment	237,336	228,845	226,687	202,831	180,841	171,395
Cash & Equivalents	14,199	13,701	11,870	12,502	14,572	6,861
Accounts Receivable	212.73	184.32	147	143.2	71.24	45.75
Other Receivables	-	-	-	-	-	23.52
Other Intangible Assets	13,945	13,026	-	11,329	8,353	5,232
Restricted Cash	4,790	3,769	4,192	3,334	3,053	3,097
Other Current Assets	278.86	950.74	186	637.06	1,818	3,634
Deferred Long-Term Charges	99.09	69.3	-	94.05	71.71	46.46
Other Long-Term Assets	2,076	1,860	81	1,125	1,015	652.22
Total Assets	272,936	262,405	243,163	231,995	209,795	190,987
Current Portion of Long-Term Debt	15,515	14,241	13,737	12,285	12,380	11,869
Long-Term Debt	112,856	111,646	100,300	96,205	84,196	76,409
Accounts Payable	1,072	993.27	1,137	805.26	667.08	352.18
Accrued Expenses	1,072	1,147	924	987.7	901.02	715.62
Current Income Taxes Payable	-	-	-	0.59	0.6	0.6
Other Current Liabilities	1,532	1,377	1,352	1,287	1,182	1,119
Other Long-Term Liabilities	7,731	7,390	6,760	6,233	5,650	5,338
Total Liabilities	139,777	136,794	124,210	119,183	105,176	95,803
Common Stock	115,315	108,578	102,992	97,800	90,063	81,371
Additional Paid-In Capital	7,407	7,407	5,706	7,407	7,407	7,407
Retained Earnings	10,992	8,472	9,641	6,755	6,305	5,871
Comprehensive Income & Other	-555.23	1,154	614	850.03	843.48	534.78
Shareholders' Equity	133,158	125,611	118,953	112,812	104,618	95,183
Total Liabilities & Equity	272,936	262,405	243,163	231,995	209,795	190,987
Total Debt	128,371	125,887	114,037	109,870	96,776	88,278
Net Cash (Debt)	-114,172	-112,186	-102,167	-97,367	-82,204	-81,417
Net Cash Per Share	-93335.12	-93885.02	-88855.40	-87440.60	-77879.62	-81160.78
Filing Date Shares Outstanding	1.25	1.19	1.15	1.15	1.11	1.06
Total Common Shares Outstanding	1.25	1.19	1.15	1.11	1.06	1
Book Value Per Share	106396.24	105119.34	103443.42	101291.37	99095.45	95189.81
Tangible Book Value	119,214	112,584	118,953	101,482	96,265	89,952
Tangible Book Value Per Share	95254.10	94218.09	103443.42	91118.99	91183.56	89957.93
Land	179,064	171,562	-	149,749	130,714	123,141
Buildings	80,501	79,056	-	72,302	67,893	64,987

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