Tokyotokeiba Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	15,056	17,466	16,040	14,161	28,241	22,209
Short-Term Investments	5,400	4,400	1,400	3,000	4,319	4,639
Cash & Short-Term Investments	20,456	21,866	17,440	17,161	32,560	26,848
Cash Growth	11.34%	25.38%	1.63%	-47.29%	21.27%	29.12%
Accounts Receivable	3,406	4,605	4,864	4,066	4,079	3,199
Other Receivables	-	-	823	-	-	-
Receivables	3,406	4,605	5,687	4,066	4,079	3,199
Inventory	221	230	273	136	102	96
Other Current Assets	295	461	489	435	717	404
Total Current Assets	24,378	27,162	23,889	21,798	37,458	30,547
Property, Plant & Equipment	87,881	88,457	86,985	83,236	76,301	72,469
Long-Term Investments	3,466	3,547	3,372	2,881	2,116	2,686
Other Intangible Assets	4,385	4,851	6,250	5,699	6,332	2,797
Long-Term Deferred Tax Assets	1,625	1,767	1,908	2,176	2,439	1,613
Other Long-Term Assets	3	1	1	2	1	2
Total Assets	121,738	125,785	122,405	115,792	124,647	110,114
Accounts Payable	843	1,189	1,170	1,497	1,282	896
Accrued Expenses	224	211	105	98	93	90
Short-Term Debt	91	16	16	41	41	21
Current Portion of Long-Term Debt	11,700	11,700	1,700	1,500	11,000	1,000
Current Income Taxes Payable	2,216	5,759	4,336	2,953	12,071	4,519
Other Current Liabilities	1,944	2,040	2,369	1,825	2,051	1,892
Total Current Liabilities	17,018	20,915	9,696	7,914	26,538	8,418
Long-Term Debt	5,325	5,750	17,450	17,250	14,000	25,000
Pension & Post-Retirement Benefits	1,231	1,283	1,245	1,262	1,246	1,216
Long-Term Deferred Tax Liabilities	37	-	-	-	-	-
Other Long-Term Liabilities	2,918	2,935	2,874	2,580	2,575	2,635
Total Liabilities	26,529	30,883	31,265	29,006	44,359	37,269
Common Stock	10,586	10,586	10,586	10,586	10,586	10,586
Additional Paid-In Capital	6,790	6,792	6,791	6,790	6,857	6,857
Retained Earnings	86,005	88,839	81,527	74,541	68,145	60,540
Treasury Stock	-9,277	-12,353	-8,503	-5,516	-5,502	-5,493
Comprehensive Income & Other	933	897	626	314	202	355
Total Common Equity	95,037	94,761	91,027	86,715	80,288	72,845
Minority Interest	172	141	113	71	-	-
Shareholders' Equity	95,209	94,902	91,140	86,786	80,288	72,845
Total Liabilities & Equity	121,738	125,785	122,405	115,792	124,647	110,114
Total Debt	17,116	17,466	19,166	18,791	25,041	26,021
Net Cash (Debt)	3,340	4,400	-1,726	-1,630	7,519	827
Net Cash Growth	-	-	-	-	809.19%	-77.96%
Net Cash Per Share	125.99	164.96	-64.00	-59.47	274.30	29.17
Filing Date Shares Outstanding	26.04	26.04	26.69	27.35	27.41	27.41
Total Common Shares Outstanding	26.04	26.04	26.69	27.41	27.41	27.41
Working Capital	7,360	6,247	14,193	13,884	10,920	22,129
Book Value Per Share	3650.08	3639.44	3410.44	3163.88	2929.03	2657.27
Tangible Book Value	90,652	89,910	84,777	81,016	73,956	70,048
Tangible Book Value Per Share	3481.66	3453.13	3176.28	2955.94	2698.03	2555.24