Balance Sheet

(Millions of yen)

  Fiscal 2021
(As of March 31, 2022)
Fiscal 2022
(As of March 31, 2023)
Assets    
Current assets    
Cash and deposits 23,211 20,908
Accounts receivable–trade 1,809 1,967
Marketable securities 5,014 6,999
Real estate for sale 19,623 14,153
Real estate for sale in process 251 298
Operating investment 1,624 1,027
Other 2,038 1,300
Allowance for doubtful accounts (25) (24)
Total current assets 53,548 46,630
Fixed assets    
Tangible fixed assets    
Buildings and structures 172,795 179,609
Accumulated depreciation (89,847) (93,392)
Buildings and structures, net 82,947 86,217
Machinery, equipment and vehicles 2,279 2,359
Accumulated depreciation (1,787) (1,878)
Machinery, equipment and vehicles, net 492 480
Tools, furniture and fixtures 2,087 2,234
Accumulated depreciation (1,527) (1,626)
Tools, furniture and fixtures, net 560 607
Land 163,624 190,497
Construction in progress 1,754 1,723
Total tangible fixed assets 249,379 279,526
Intangible fixed assets    
Leasehold rights 28,560 30,464
Other 251 193
Total intangible fixed assets 28,811 30,658
Investments and other assets    
Investment securities 39,066 34,632
Deferred tax assets 156 226
Other 5,079 6,345
Total investments and other assets 44,301 41,204
Total fixed assets 322,492 351,388
Deferred assets    
Bond-issuing expenses 169 314
Total deferred assets 169 314
Total assets 376,210 398,333
Liabilities    
Current liabilities    
Accounts payable-trade 3,367 5,727
Current portion of bonds 4,327 3,648
Short-term loans payable 3,800 3,800
Current portion of long-term loans 13,077 15,727
Accrued corporation and other taxes 3,300 2,618
Accrued consumption taxes 96 642
Accrued bonuses for directors 118 134
Accrued bonuses 250 256
Other 2,372 1,988
Total current liabilities 30,710 34,543
Long-term liabilities    
Bonds 23,889 27,989
Long-term loans payable 157,143 170,880
Long-term accounts payable 4,000 4,850
Long-term deposits received and landlord deposits 22,514 23,524
Deferred tax liabilities 10,170 8,849
Deferred tax liabilities concerning revaluation 7,613 7,314
Provision for share-based remuneration 101 147
Net defined benefit liability 119 234
Assets retirement obligations 669 676
Total long-term liabilities 226,221 244,466
Total liabilities 256,931 279,009
Net assets    
Shareholders’ equity    
Common stock 21,492 21,492
Additional paid-in capital 19,720 19,720
Retained earnings 50,258 56,298
Treasury stock, at cost (7,306) (9,997)
Total shareholders’ equity 84,165 87,513
Accumulated other comprehensive income    
Unrealized gain on securities 18,068 15,443
Land revaluation surplus 17,045 16,366
Total accumulated other comprehensive income 35,113 31,810
Total net assets 119,278 119,324
Total liabilities and net assets 376,210 398,333
TOP