Star Flyer Balance Sheet

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	10,270	10,810	8,654	6,137	6,438	16,064
Cash & Short-Term Investments	10,270	10,810	8,654	6,137	6,438	16,064
Cash Growth	3.45%	24.91%	41.01%	-4.67%	-59.92%	45.47%
Accounts Receivable	2,074	2,177	2,296	1,919	1,196	786
Other Receivables	1,786	1,297	868	1,666	671	1,507
Receivables	3,860	3,474	3,164	3,585	1,867	2,293
Inventory	903	689	622	579	632	604
Prepaid Expenses	-	762	1,179	1,461	1,040	406
Other Current Assets	3,342	591	1,787	876	1,437	863
Total Current Assets	18,375	16,326	15,406	12,638	11,414	20,230
Property, Plant & Equipment	12,938	5,452	5,904	6,379	6,939	10,643
Long-Term Investments	2,250	1,039	1,410	1,210	1,257	1,202
Other Intangible Assets	961	751	467	459	477	692
Long-Term Deferred Tax Assets	-	962	364	682	-	-
Other Long-Term Assets	1	1	2	2	2	2
Total Assets	34,525	24,531	23,553	21,370	20,089	32,769
Accounts Payable	3,563	3,595	2,479	2,131	1,454	3,236
Accrued Expenses	54	269	-	-	-	-
Short-Term Debt	-	-	800	-	-	2,000
Current Portion of Long-Term Debt	729	850	1,802	1,211	1,512	1,512
Current Portion of Leases	689	45	46	94	140	2,449
Current Income Taxes Payable	1,187	1,826	1,187	1,303	878	2,233
Other Current Liabilities	1,283	1,077	611	920	697	666
Total Current Liabilities	7,505	7,662	6,925	5,659	4,681	12,096
Long-Term Debt	1,288	1,755	2,606	1,733	2,644	4,156
Long-Term Leases	8,365	476	522	544	639	779
Other Long-Term Liabilities	12,635	10,345	10,282	11,675	10,769	9,458
Total Liabilities	29,793	20,238	20,335	19,611	18,733	26,489
Common Stock	2,079	1,895	1,892	1,892	1,393	1,250
Additional Paid-In Capital	2,818	5,308	5,305	5,305	4,806	9,013
Retained Earnings	-90	-2,674	-4,598	-5,510	-5,583	-4,331
Treasury Stock	-1	-1	-1	-1	-1	-1
Comprehensive Income & Other	-74	-235	620	73	741	349
Shareholders' Equity	4,732	4,293	3,218	1,759	1,356	6,280
Total Liabilities & Equity	34,525	24,531	23,553	21,370	20,089	32,769
Total Debt	11,071	3,126	5,776	3,582	4,935	10,896
Net Cash (Debt)	-801	7,684	2,878	2,555	1,503	5,168
Net Cash Growth	-	166.99%	12.64%	69.99%	-70.92%	334.65%
Net Cash Per Share	-215.08	2031.92	768.03	723.10	522.98	1803.66
Filing Date Shares Outstanding	3.78	3.6	3.51	3.51	2.9	2.87
Total Common Shares Outstanding	3.78	3.6	3.51	3.51	2.9	2.87
Working Capital	10,870	8,664	8,481	6,979	6,733	8,134
Book Value Per Share	1250.62	1192.60	917.22	501.78	467.62	2191.75
Tangible Book Value	3,771	3,542	2,751	1,300	879	5,588
Tangible Book Value Per Share	996.63	983.97	784.11	370.85	303.12	1950.24

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