Balance Sheet

(Millions of yen)

  Previous fiscal year
(As of March 31, 2018)
Current fiscal year
(As of March 31, 2019)
Assets    
Current assets    
Cash and deposits 12,884 9,810
Accounts receivable–trade 956 1,065
Marketable securities 409 3,128
Real estate for sale 14,212 37,734
Real estate for sale in process 321 673
Other inventories 2 9
Operating investment 426 500
Other 233 3,347
Allowance for doubtful accounts (1) (2)
Total current assets 29,446 56,266
Fixed assets    
Tangible fixed assets    
Buildings and structures, net 156,941 157,131
Accumulated depreciation (81,226) (81,600)
Buildings and structures, net 75,714 75,530
Machinery, equipment and vehicles 2,085 2,100
Accumulated depreciation (1,682) (1,770)
Machinery, equipment and vehicles, net 402 330
Tools, furniture and fixtures 1,622 1,630
Accumulated depreciation (1,376) (1,407)
Tools, furniture and fixtures, net 245 222
Land 131,987 137,634
Construction in progress 142 405
Total tangible fixed assets 208,492 214,124
Intangible fixed assets    
Leasehold rights 23,254 22,556
Other 123 124
Total intangible fixed assets 23,378 22,681
Investments and other assets    
Investment securities 34,549 37,551
Long-term loans to employees 4 3
Deferred tax assets 186 184
Other 3,864 4,458
Allowance for doubtful accounts (7) (5)
Total investments and other assets 38,576 42,192
Total fixed assets 270,468 278,998
Deferred assets    
Bond-issuing expenses 328 306
Total deferred assets 328 306
Total assets 300,243 335,572
Liabilities    
Current liabilities    
Notes and accounts payable–trade 1,698 1,409
Current portion of bonds 1,415 4,824
Short-term loans payable 2,250 11,250
Current portion of long-term loans 17,881 14,093
Accrued corporation and other taxes 759 582
Accrued consumption taxes 453 74
Accrued bonuses for directors 58 67
Accrued bonuses 198 214
Asset retirement obligations 98 41
Other 1,839 1,732
Total current liabilities 26,653 34,290
Long-term liabilities    
Bonds 23,523 25,199
Long-term loans payable 110,716 129,305
Long-term deposits received and landlord deposits 20,637 21,253
Deferred tax liabilities 5,181 7,865
Deferred tax liabilities concerning revaluation 7,663 7,663
Net defined benefit liability 269 258
Assets retirement obligations 688 653
Other 7 6
Total long-term liabilities 168,688 192,206
Total liabilities 195,342 226,496
Net assets    
Shareholders’ equity    
Common stock 21,492 21,492
Additional paid-in capital 19,720 19,720
Retained earnings 34,063 38,665
Treasury stock, at cost (426) (3,030)
Total shareholders’ equity 74,850 76,848
Accumulated other comprehensive income    
Valuation difference on available-for-sale securities 13,055 15,231
Land revaluation surplus 16,995 16,995
Total accumulated other comprehensive income 30,050 32,227
Total net assets 104,900 109,075
Total liabilities and net assets 300,243 335,572
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