Balance Sheets

Consolidated

	2025/5	2026/5
Assets
Current assets
Cash and deposits	31,001	21,176
Notes receivable - trade	69	39
Accounts receivable from completed construction contracts	610	674
Accounts receivable - trade	778	756
Operating loans	663	675
Real estate for sale	17,458	13,570
Costs on construction contracts in progress	4,098	3,954
Real estate for sale in process	10,290	20,183
Other inventories	1,211	1,092
Other	1,424	1,600
Allowance for doubtful accounts	-36	-9
Total current assets	67,570	63,713
Non-current assets
Property, plant and equipment
Buildings and structures	25,157	23,956
Accumulated depreciation	-15,787	-16,715
Buildings and structures, net	9,370	7,240
Machinery, equipment and vehicles	6,448	6,436
Accumulated depreciation	-3,709	-4,225
Machinery, equipment and vehicles, net	2,738	2,210
Land	6,360	6,360
Leased assets	45	52
Accumulated depreciation	-29	-38
Leased assets, net	15	14
Construction in progress	1	31
Other	829	877
Accumulated depreciation	-639	-679
Other, net	189	197
Total property, plant and equipment	18,676	16,055
Intangible assets	1,067	1,095
Investments and other assets
Investment securities	315	256
Long-term loans receivable	59	56
Deferred tax assets	1,604	2,270
Other	3,585	3,601
Allowance for doubtful accounts	-576	-580
Total investments and other assets	4,987	5,604
Total non-current assets	24,732	22,755
Total assets	92,302	86,468
Liabilities
Current liabilities
Notes payable, accounts payable for construction contracts and other	14,336	14,680
Accrued expenses	3,884	4,499
Short-term borrowings	7,530	12,365
Current portion of long-term borrowings	3,602	1,266
Income taxes payable	1,091	1,540
Advances received on construction contracts in progress	8,887	9,599
Provision for warranties for completed construction	1,802	1,786
Provision for bonuses	233	170
Other	3,467	4,074
Total current liabilities	44,837	49,984
Non-current liabilities
Long-term borrowings	7,917	1,464
Asset retirement obligations	3,251	3,230
Other	2,020	2,089
Total non-current liabilities	13,189	6,784
Total liabilities	58,027	56,768
Net assets
Shareholders' equity
Share capital	4,310	4,310
Capital surplus	4,280	4,280
Retained earnings	27,229	22,790
Treasury shares	-1,451	-1,451
Total shareholders' equity	34,368	29,929
Accumulated other comprehensive income
Valuation difference on available-for-sale securities	18	12
Deferred gains or losses on hedges	-0	0
Foreign currency translation adjustment	-140	-273
Total accumulated other comprehensive income	-122	-260
Non-controlling interests	28	30
Total net assets	34,275	29,700
Total liabilities and net assets	92,302	86,468