Kantsu Balance Sheet

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Nov '25 Nov 30, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023
Cash & Equivalents	2,408	1,983	2,360	3,432
Short-Term Investments	200	200	200	-
Cash & Short-Term Investments	2,608	2,183	2,560	3,432
Cash Growth	-11.77%	-14.73%	-25.41%	-
Receivables	2,323	1,801	1,542	1,244
Inventory	11	19	24	4
Other Current Assets	931	938	702	474
Total Current Assets	5,873	4,941	4,828	5,154
Property, Plant & Equipment	2,951	2,809	2,865	2,373
Long-Term Investments	2,594	2,069	2,197	1,526
Goodwill	114	111	104	-
Other Intangible Assets	219	151	184	260
Long-Term Deferred Tax Assets	226	226	106	146
Other Long-Term Assets	3	2	1	-
Total Assets	11,980	10,319	10,309	9,471
Accounts Payable	910	477	515	264
Accrued Expenses	106	41	28	34
Current Portion of Long-Term Debt	1,520	1,289	965	795
Current Portion of Leases	2	5	28	26
Current Income Taxes Payable	97	19	11	318
Other Current Liabilities	598	713	410	723
Total Current Liabilities	3,633	2,544	1,957	2,160
Long-Term Debt	5,394	4,910	4,458	3,228
Long-Term Leases	2	4	200	221
Other Long-Term Liabilities	808	771	670	603
Total Liabilities	9,837	8,229	7,285	6,212
Common Stock	788	788	788	788
Additional Paid-In Capital	768	768	768	774
Retained Earnings	649	685	1,640	1,695
Treasury Stock	-63	-152	-174	-
Comprehensive Income & Other	1	1	2	2
Shareholders' Equity	2,143	2,090	3,024	3,259
Total Liabilities & Equity	11,980	10,319	10,309	9,471
Total Debt	7,318	6,208	5,651	4,270
Net Cash (Debt)	-4,710	-4,025	-3,091	-838
Net Cash Per Share	-466.78	-400.67	-298.01	-78.75
Filing Date Shares Outstanding	10.13	10.06	10.02	10.01
Total Common Shares Outstanding	10.13	10.06	10.02	10.31
Working Capital	2,240	2,397	2,871	2,994
Book Value Per Share	211.49	207.72	301.71	316.16
Tangible Book Value	1,810	1,828	2,736	2,999
Tangible Book Value Per Share	178.62	181.68	272.97	290.94

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