Starts Proceed Investment Balance Sheet

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

Millions JPY. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Property, Plant & Equipment	97,615	95,327	100,918	97,293	85,411	86,752
Cash & Equivalents	1,473	2,168	1,191	1,998	2,110	1,389
Accounts Receivable	30	39.23	40.56	43.89	32.51	31
Other Receivables	-	-	-	57.5	-	-
Other Intangible Assets	-	1,009	1,026	1,043	0.41	-
Restricted Cash	2,403	2,261	2,307	2,242	1,918	1,920
Other Current Assets	168	131.25	124.95	94.2	79.78	82
Deferred Long-Term Tax Assets	-	0.01	0.62	0.68	0.08	-
Deferred Long-Term Charges	-	31.38	29.95	29.7	24.96	-
Other Long-Term Assets	26	1,021	1,022	902.38	664.41	17
Total Assets	101,715	101,988	106,659	103,704	90,241	90,191
Current Portion of Long-Term Debt	6,820	5,549	9,761	9,033	9,964	8,640
Long-Term Debt	46,426	47,697	43,085	43,814	35,683	37,006
Accounts Payable	470	172.19	210.54	124.92	160.87	350
Accrued Expenses	113	146.53	77.35	58.87	30.61	5
Current Income Taxes Payable	-	0.7	7.92	8.57	1.97	-
Other Current Liabilities	4	261.79	291.92	257.95	207.3	3
Other Long-Term Liabilities	1,181	1,177	1,194	1,171	813.29	821
Total Liabilities	55,014	55,004	57,713	54,467	46,860	46,825
Common Stock	45,494	48,083	48,083	48,083	41,685	41,684
Retained Earnings	1,207	1,383	1,410	1,700	1,696	1,682
Comprehensive Income & Other	-	-2,482	-545.91	-545.91	-	-
Shareholders' Equity	46,701	46,984	48,946	49,237	43,381	43,366
Total Liabilities & Equity	101,715	101,988	106,659	103,704	90,241	90,191
Total Debt	53,246	53,246	55,931	52,846	45,646	45,646
Net Cash (Debt)	-51,773	-51,078	-54,740	-50,848	-43,536	-44,257
Net Cash Per Share	-186624.52	-180840.74	-193784.61	-189642.37	-171552.49	-174393.27
Filing Date Shares Outstanding	0.27	0.27	0.28	0.28	0.25	0.25
Total Common Shares Outstanding	0.27	0.27	0.28	0.28	0.25	0.25
Book Value Per Share	171433.29	172473.18	173275.92	174303.23	170940.92	170882.31
Tangible Book Value	46,701	45,975	47,921	48,194	43,380	43,366
Tangible Book Value Per Share	171433.29	168768.92	169644.77	170612.35	170939.32	170882.31
Land	-	53,357	56,873	55,564	48,879	-
Buildings	-	56,202	57,275	53,865	48,195	-

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.