Balance Sheet

(Millions of yen)

Fiscal 2022
(As of March 31, 2023)
Fiscal 2022
(As of March 31, 2024)
Assets
Current assets
Cash and deposits 20,908 20,416
Accounts receivable–trade 1,967 2,114
Marketable securities 6,999 8,005
Real estate for sale 14,153 20,645
Real estate for sale in process 298 567
Operating investment 1,027 551
Other 1,300 956
Allowance for doubtful accounts (24) (0)
Total current assets 46,630 53,257
Fixed assets
Tangible fixed assets
Buildings and structures 179,609 180,769
Accumulated depreciation (93,392) (96,211)
Buildings and structures, net 86,217 84,557
Machinery, equipment and vehicles 2,359 2,259
Accumulated depreciation (1,878) (1,834)
Machinery, equipment and vehicles, net 480 425
Tools, furniture and fixtures 2,234 2,669
Accumulated depreciation (1,626) (1,839)
Tools, furniture and fixtures, net 607 829
Land 190,497 184,669
Construction in progress 1,723 5,039
Total tangible fixed assets 279,526 275,522
Intangible fixed assets
Leasehold rights 30,464 30,492
Goodwill - 645
Other 193 181
Total intangible fixed assets 30,658 31,320
Investments and other assets
Investment securities 34,632 38,072
Deferred tax assets 226 250
Other 6,345 7,175
Total investments and other assets 41,204 45,498
Total fixed assets 351,388 352,341
Deferred assets
Bond-issuing expenses 314 381
Total deferred assets 314 381
Total assets 398,333 405,979
Liabilities
Current liabilities
Accounts payable-trade 5,727 1,923
Current portion of bonds 3,648 3,624
Short-term loans payable 3,800 800
Current portion of long-term loans 15,727 16,681
Accrued corporation and other taxes 2,618 1,674
Accrued consumption taxes 642 1,738
Accrued bonuses for directors 134 109
Accrued bonuses 256 272
Other 1,988 2,228
Total current liabilities 34,543 29,052
Long-term liabilities
Bonds 27,989 27,864
Long-term loans payable 170,880 173,703
Long-term accounts payable 4,850 8,391
Long-term deposits received and landlord deposits 23,524 23,636
Deferred tax liabilities 8,849 9,466
Deferred tax liabilities concerning revaluation 7,314 7,186
Provision for share-based remuneration 147 213
Net defined benefit liability 234 126
Assets retirement obligations 676 683
Other - 9
Total long-term liabilities 244,466 251,282
Total liabilities 279,009 280,334
Net assets
Shareholders’ equity
Common stock 21,492 21,492
Additional paid-in capital 19,720 19,720
Retained earnings 56,298 61,012
Treasury stock, at cost (9,997) (9,989)
Total shareholders’ equity 87,513 92,235
Accumulated other comprehensive income
Unrealized gain on securities 15,443 17,339
Deferred gains or losses on hedges - △6
Land revaluation surplus 16,366 16,076
Total accumulated other comprehensive income 31,810 33,409
Total net assets 119,324 125,645
Total liabilities and net assets 398,333 405,979