Tosei Reit Investment Balance Sheet

Financials in millions JPY. Fiscal year is November - October.

Millions JPY. Fiscal year is Nov - Oct.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021	2020 - 2016
Property, Plant & Equipment	82,201	81,376	77,891	77,318	71,606	Upgrade
Cash & Equivalents	1,858	2,056	2,385	2,240	2,652	Upgrade
Accounts Receivable	11	26	16	19	17	Upgrade
Restricted Cash	6,528	6,313	6,124	5,921	5,518	Upgrade
Other Current Assets	177	168	165	164	162	Upgrade
Other Long-Term Assets	18	29	30	28	30	Upgrade
Total Assets	90,793	89,968	86,611	85,690	79,985	Upgrade
Current Portion of Long-Term Debt	8,300	7,900	5,600	6,200	5,200	Upgrade
Long-Term Debt	34,600	35,000	35,300	34,700	33,300	Upgrade
Accounts Payable	545	403	435	410	311	Upgrade
Other Current Liabilities	763	723	712	670	650	Upgrade
Other Long-Term Liabilities	2,954	2,955	2,890	2,880	2,647	Upgrade
Total Liabilities	47,762	46,981	45,337	44,860	42,108	Upgrade
Common Stock	41,450	41,450	39,802	39,395	36,516	Upgrade
Retained Earnings	1,580	1,536	1,471	1,435	1,360	Upgrade
Comprehensive Income & Other	1	1	1	-	1	Upgrade
Shareholders' Equity	43,031	42,987	41,274	40,830	37,877	Upgrade
Total Liabilities & Equity	90,793	89,968	86,611	85,690	79,985	Upgrade
Total Debt	43,500	42,900	41,300	40,900	38,500	Upgrade
Net Cash (Debt)	-41,642	-40,844	-38,915	-38,660	-35,848	Upgrade
Net Cash Per Share	-110616.14	-109337.77	-107331.89	-107841.52	-105278.92	Upgrade
Filing Date Shares Outstanding	0.38	0.38	0.36	0.36	0.34	Upgrade
Total Common Shares Outstanding	0.38	0.38	0.36	0.36	0.34	Upgrade
Book Value Per Share	114305.83	114188.95	113201.96	112944.50	111237.72	Upgrade
Tangible Book Value	43,031	42,987	41,274	40,830	37,877	Upgrade
Tangible Book Value Per Share	114305.83	114188.95	113201.96	112944.50	111237.72	Upgrade

Source: S&P Capital IQ. Real Estate template. Financial Sources.