Arclands Balance Sheet

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Cash & Equivalents	20,403	18,053	18,323	23,827	30,362
Cash & Short-Term Investments	20,403	18,053	18,323	23,827	30,362
Cash Growth	13.02%	-1.47%	-23.10%	-21.52%	18.54%
Receivables	14,798	10,875	9,531	9,534	8,655
Inventory	57,028	52,763	52,853	53,940	50,537
Other Current Assets	5,966	5,546	4,734	5,410	7,438
Total Current Assets	98,195	87,237	85,441	92,711	96,992
Property, Plant & Equipment	177,369	185,189	194,618	197,999	201,292
Long-Term Investments	30,779	28,927	35,699	34,585	34,290
Goodwill	17,865	16,096	17,308	18,843	20,452
Other Intangible Assets	18,233	14,725	15,135	15,335	16,426
Long-Term Deferred Tax Assets	2,110	773	761	632	437
Other Long-Term Assets	2	2	1	1	1
Total Assets	346,213	334,645	350,721	361,925	371,769
Accounts Payable	45,218	42,504	30,834	34,823	44,699
Accrued Expenses	8,902	7,719	6,989	7,578	6,097
Short-Term Debt	36,655	28,800	34,000	40,100	56,100
Current Portion of Long-Term Debt	9,996	26,104	10,068	12,009	27,000
Current Portion of Leases	1,797	1,708	1,649	1,903	1,881
Current Income Taxes Payable	10,275	7,396	8,526	7,207	7,039
Other Current Liabilities	9,326	6,260	4,842	5,083	4,245
Total Current Liabilities	122,169	120,491	96,908	108,703	147,061
Long-Term Debt	46,052	42,014	84,981	79,600	58,609
Long-Term Leases	22,346	22,980	23,665	28,169	29,711
Pension & Post-Retirement Benefits	460	427	471	690	661
Long-Term Deferred Tax Liabilities	4,105	5,806	7,662	8,444	8,704
Other Long-Term Liabilities	22,725	21,462	20,225	19,749	19,621
Total Liabilities	217,857	213,180	233,912	245,355	264,367
Common Stock	6,462	6,462	6,462	6,462	6,462
Additional Paid-In Capital	11,605	11,312	11,312	6,274	6,274
Retained Earnings	111,831	106,285	98,518	91,022	83,139
Treasury Stock	-2,571	-3,276	-3,258	-641	-641
Comprehensive Income & Other	370	75	3,241	1,983	1,575
Total Common Equity	127,697	120,858	116,275	105,100	96,809
Minority Interest	659	607	534	11,470	10,593
Shareholders' Equity	128,356	121,465	116,809	116,570	107,402
Total Liabilities & Equity	346,213	334,645	350,721	361,925	371,769
Total Debt	116,846	121,606	154,363	161,781	173,301
Net Cash (Debt)	-96,443	-103,553	-136,040	-137,954	-142,939
Net Cash Per Share	-1542.81	-1662.17	-2641.40	-3401.48	-3524.40
Filing Date Shares Outstanding	62.82	62.3	62.31	40.56	40.56
Total Common Shares Outstanding	62.82	62.3	62.31	40.56	40.56
Working Capital	-23,974	-33,254	-11,467	-15,992	-50,069
Book Value Per Share	2032.82	1939.97	1866.11	2591.38	2386.95
Tangible Book Value	91,599	90,037	83,832	70,922	59,931
Tangible Book Value Per Share	1458.17	1445.24	1345.43	1748.67	1477.68

Updated Feb 28, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.