LAND BUSINESS【JP:8944】Balance sheet

Market cap

¥5.6B

P/E ratio

9.3x

Summary Financials Dividends History Ownership Workforce

Income statement Balance sheet Cash flow Other

	2013/09	2014/09	2015/09	2016/09	2017/09	2018/09	2019/09	2020/09	2021/09	2022/09	2023/09	2024/09	2025/09
Cash and cash equivalents	-	12,570	9,289	9,227	10,792	10,425	10,698	10,504	9,560	10,867	10,712	6,074	7,551
Marketable securities, current	-	-	-	5	-	-	5	-	-	-	-	-	-
Total cash & short-term investments	-	12,570	9,289	9,232	10,792	10,425	10,703	10,504	9,560	10,867	10,712	6,074	7,551
Inventories	-	-	-	-	-	-	-	-	1	1	228	884	1,042
Total current assets	-	14,054	10,970	10,950	11,365	10,937	10,843	10,637	9,737	11,039	18,013	40,855	39,010
Property, plant and equipment, net	-	37,921	39,114	39,950	40,707	41,861	42,226	42,181	41,538	40,879	33,165	6,971	12,601
Marketable securities, non-current	-	12	12	7	12	12	7	12	12	12	15	16	22
Total non-current assets	-	39,405	40,501	41,337	42,333	43,995	44,330	44,298	43,858	43,174	35,864	11,178	17,398
Total assets	-	53,459	51,472	52,287	53,698	54,932	55,173	54,935	53,594	54,213	53,877	52,033	56,408
Accounts payable	-	-	-	-	-	-	-	-	-	6	24	707	558
Short-term debt	-	-	-	-	-	-	-	200	600	900	600	1,823	2,795
Long-term debt, current	-	1,420	1,204	2,720	1,131	1,183	1,620	2,288	1,135	1,072	2,369	1,931	1,931
Total current liabilities	-	5,942	2,181	3,469	2,236	2,073	2,644	3,437	2,932	3,397	6,256	6,464	7,332
Long-term debt, non-current	-	21,135	22,931	22,381	23,293	24,623	24,850	25,444	24,740	24,500	22,210	23,069	25,902
Total non-current liabilities	-	29,006	30,913	30,378	32,544	33,555	33,502	33,484	32,414	32,353	28,902	29,070	33,005
Total liabilities	-	34,948	33,094	33,847	34,781	35,629	36,146	36,921	35,345	35,750	35,158	35,534	40,337
Common stock and paid-in capital	-	10,068	10,068	10,068	10,068	10,068	10,068	10,068	10,068	10,068	10,068	10,068	10,068
Retained earnings	-	9,064	9,122	9,362	9,707	10,012	10,268	10,540	10,736	10,889	11,120	8,889	7,209
Stockholders' equity	15,894	18,511	18,378	18,439	18,918	19,303	19,027	18,014	18,249	18,463	18,718	16,498	16,071
Total debt	-	22,555	24,135	25,102	24,425	25,806	26,470	27,932	26,475	26,472	25,179	26,822	30,628
Net debt	-	9,985	14,846	15,869	13,633	15,382	15,767	17,428	16,915	15,605	14,467	20,748	23,077
D/E ratio (%)	-	121.8	131.3	136.1	129.1	133.7	139.1	155.1	145.1	143.4	134.5	162.6	190.6

Raw aggregated data