Tokyotokeiba Balance Sheet

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	17,466	16,040	14,161	28,241	22,209
Short-Term Investments	4,400	1,400	3,000	4,319	4,639
Cash & Short-Term Investments	21,866	17,440	17,161	32,560	26,848
Cash Growth	25.38%	1.63%	-47.29%	21.27%	29.12%
Accounts Receivable	4,605	4,864	4,066	4,079	3,199
Other Receivables	-	823	-	-	-
Receivables	4,605	5,687	4,066	4,079	3,199
Inventory	229	273	136	102	96
Other Current Assets	462	489	435	717	404
Total Current Assets	27,162	23,889	21,798	37,458	30,547
Property, Plant & Equipment	88,457	86,985	83,236	76,301	72,469
Long-Term Investments	3,547	3,372	2,881	2,116	2,686
Other Intangible Assets	4,851	6,250	5,699	6,332	2,797
Long-Term Deferred Tax Assets	1,767	1,908	2,176	2,439	1,613
Other Long-Term Assets	1	1	2	1	2
Total Assets	125,785	122,405	115,792	124,647	110,114
Accounts Payable	1,189	1,170	1,497	1,282	896
Accrued Expenses	210	105	98	93	90
Short-Term Debt	16	16	41	41	21
Current Portion of Long-Term Debt	11,700	1,700	1,500	11,000	1,000
Current Income Taxes Payable	5,757	4,336	2,953	12,071	4,519
Other Current Liabilities	2,043	2,369	1,825	2,051	1,892
Total Current Liabilities	20,915	9,696	7,914	26,538	8,418
Long-Term Debt	5,750	17,450	17,250	14,000	25,000
Pension & Post-Retirement Benefits	1,283	1,245	1,262	1,246	1,216
Other Long-Term Liabilities	2,935	2,874	2,580	2,575	2,635
Total Liabilities	30,883	31,265	29,006	44,359	37,269
Common Stock	10,586	10,586	10,586	10,586	10,586
Additional Paid-In Capital	6,792	6,791	6,790	6,857	6,857
Retained Earnings	88,839	81,527	74,541	68,145	60,540
Treasury Stock	-12,353	-8,503	-5,516	-5,502	-5,493
Comprehensive Income & Other	897	626	314	202	355
Total Common Equity	94,761	91,027	86,715	80,288	72,845
Minority Interest	141	113	71	-	-
Shareholders' Equity	94,902	91,140	86,786	80,288	72,845
Total Liabilities & Equity	125,785	122,405	115,792	124,647	110,114
Total Debt	17,466	19,166	18,791	25,041	26,021
Net Cash (Debt)	4,400	-1,726	-1,630	7,519	827
Net Cash Growth	-	-	-	809.19%	-77.96%
Net Cash Per Share	164.96	-64.00	-59.47	274.30	29.17
Filing Date Shares Outstanding	26.62	26.69	27.35	27.41	27.41
Total Common Shares Outstanding	26.62	26.69	27.41	27.41	27.41
Working Capital	6,247	14,193	13,884	10,920	22,129
Book Value Per Share	3559.88	3410.44	3163.88	2929.03	2657.27
Tangible Book Value	89,910	84,777	81,016	73,956	70,048
Tangible Book Value Per Share	3377.64	3176.28	2955.94	2698.03	2555.24

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