Asia Air Survey Balance Sheet

Financials in millions JPY. Fiscal year is October - September.

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	3,381	4,708	6,827	8,093	5,524	7,071
Cash & Short-Term Investments	3,381	4,708	6,827	8,093	5,524	7,071
Cash Growth	14.65%	-31.04%	-15.64%	46.51%	-21.88%	27.08%
Receivables	22,257	16,746	13,953	10,539	11,892	8,450
Inventory	1,217	843	1,146	1,202	1,144	1,123
Other Current Assets	1,291	1,105	862	817	609	655
Total Current Assets	28,146	23,402	22,788	20,651	19,169	17,299
Property, Plant & Equipment	5,682	5,479	4,266	3,901	3,802	3,711
Long-Term Investments	7,743	6,763	6,124	5,987	5,369	5,377
Goodwill	1,279	1,272	342	214	255	295
Other Intangible Assets	1,714	1,814	1,870	1,956	1,898	1,438
Long-Term Deferred Tax Assets	-	879	1,007	926	1,040	790
Other Long-Term Assets	-	2	1	2	-	1
Total Assets	44,564	39,626	36,413	33,687	31,533	28,911
Accounts Payable	1,147	2,194	1,836	1,362	1,622	1,219
Accrued Expenses	618	1,760	1,889	1,859	1,763	1,199
Short-Term Debt	10,730	3,500	1,500	-	-	-
Current Portion of Long-Term Debt	75	132	51	51	54	38
Current Portion of Leases	-	596	618	573	514	474
Current Income Taxes Payable	186	2,142	2,449	2,155	2,217	1,267
Other Current Liabilities	4,685	1,641	1,646	2,089	1,585	1,774
Total Current Liabilities	17,441	11,965	9,989	8,089	7,755	5,971
Long-Term Debt	192	206	216	218	417	391
Long-Term Leases	-	1,452	1,337	1,584	1,245	1,484
Pension & Post-Retirement Benefits	3,403	3,417	3,377	3,486	3,483	3,534
Long-Term Deferred Tax Liabilities	-	51	11	4	4	7
Other Long-Term Liabilities	1,872	288	277	286	233	244
Total Liabilities	22,908	17,379	15,207	13,667	13,137	11,631
Common Stock	1,673	1,673	1,673	1,673	1,673	1,673
Additional Paid-In Capital	2,694	2,694	2,681	2,604	2,604	2,599
Retained Earnings	14,935	15,610	14,756	13,547	12,206	10,932
Treasury Stock	-130	-130	-135	-168	-168	-171
Comprehensive Income & Other	2,184	2,115	1,977	2,130	1,874	2,060
Total Common Equity	21,356	21,962	20,952	19,786	18,189	17,093
Minority Interest	300	285	254	234	207	187
Shareholders' Equity	21,656	22,247	21,206	20,020	18,396	17,280
Total Liabilities & Equity	44,564	39,626	36,413	33,687	31,533	28,911
Total Debt	10,997	5,886	3,722	2,426	2,230	2,387
Net Cash (Debt)	-7,616	-1,178	3,105	5,667	3,294	4,684
Net Cash Growth	-	-	-45.21%	72.04%	-29.68%	37.00%
Net Cash Per Share	-418.52	-64.74	170.96	313.27	182.11	259.43
Filing Date Shares Outstanding	18.2	18.2	18.2	18.09	18.09	18.09
Total Common Shares Outstanding	18.2	18.2	18.2	18.09	18.09	18.09
Working Capital	10,705	11,437	12,799	12,562	11,414	11,328
Book Value Per Share	1173.56	1206.76	1151.26	1093.77	1005.49	944.90
Tangible Book Value	18,363	18,876	18,740	17,616	16,036	15,360
Tangible Book Value Per Share	1009.09	1037.19	1029.72	973.82	886.47	849.10
Order Backlog	-	26,037	24,854	23,173	23,267	19,345

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.