Daiwa Office Investment Balance Sheet

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

Millions JPY. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Property, Plant & Equipment	445,826	454,487	454,126	446,536	456,167	447,390
Cash & Equivalents	28,975	32,706	28,827	30,798	23,095	32,212
Accounts Receivable	105.06	98	112.84	94.14	86	195.63
Other Receivables	7.59	-	38.03	-	-	-
Investment In Debt and Equity Securities	3,765	-	-	-	-	-
Other Intangible Assets	2,716	-	2,705	2,705	-	2,705
Restricted Cash	4,061	3,932	-	-	3,677	-
Other Current Assets	536.37	536	484.85	411.35	391	440.59
Deferred Long-Term Charges	39.22	-	24.26	34.32	-	54.39
Other Long-Term Assets	2,291	44	2,208	1,891	45	1,313
Total Assets	488,322	491,803	488,526	482,471	483,461	484,310
Current Portion of Long-Term Debt	22,400	22,200	34,600	25,600	30,600	21,500
Long-Term Debt	195,550	197,250	179,800	180,200	175,200	179,661
Accounts Payable	1,338	2,440	1,459	1,261	1,962	924.29
Accrued Expenses	361.58	-	139.72	395.3	-	335.64
Current Income Taxes Payable	0.71	-	0.88	0.88	-	0.89
Current Unearned Revenue	2,452	-	2,287	2,273	-	2,366
Other Current Liabilities	1,360	3,226	1,386	1,088	2,829	1,208
Long-Term Deferred Tax Liabilities	283.74	233	196.45	149.98	165	2.24
Other Long-Term Liabilities	22,084	22,038	21,314	21,654	22,167	22,390
Total Liabilities	245,831	247,387	241,184	234,622	232,923	230,788
Common Stock	251,552	234,094	251,552	251,552	241,093	251,552
Retained Earnings	10,803	9,832	8,821	9,519	9,214	8,589
Treasury Stock	-20,457	-	-13,458	-13,458	-	-6,458
Comprehensive Income & Other	594.08	490	428.02	236.31	231	-159.56
Shareholders' Equity	242,491	244,416	247,343	247,849	250,538	253,522
Total Liabilities & Equity	488,322	491,803	488,526	482,471	483,461	484,310
Total Debt	217,950	219,450	214,400	207,800	205,800	203,561
Net Cash (Debt)	-188,975	-186,744	-185,573	-177,002	-182,705	-171,349
Net Cash Per Share	-202167.11	-197075.28	-194009.55	-185048.35	-187721.29	-174536.40
Filing Date Shares Outstanding	0.93	0.94	0.96	0.96	0.97	0.98
Total Common Shares Outstanding	0.93	0.94	0.96	0.96	0.97	0.98
Book Value Per Share	259419.87	259147.22	258587.28	259116.49	259609.27	259709.71
Tangible Book Value	239,776	244,416	244,638	245,144	250,538	250,817
Tangible Book Value Per Share	256514.41	259147.22	255759.15	256288.35	259609.27	256938.48
Land	366,096	-	372,007	367,212	-	365,737
Buildings	122,427	-	118,650	115,101	-	112,581
Construction In Progress	50.1	-	3,568	912.79	-	53.87

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