Balance Sheets-1

Consolidated Balance Sheets-1

(Millions of yen)

	As of May 31, 2017	As of May 31, 2018
ASSETS
Current assets
Cash and deposits	21,754	25,378
Notes and accounts receivable-trade	34,202	40,082
Inventories	1,504	1,938
Deferred tax assets	1,431	1,953
Income taxes receivable	647	560
Other	5,131	6,085
Allowance for doubtful accounts	(53)	(58)
Total current assets	64,617	75,940
Non-current assets
Property, plant and equipment
Buildings	9,418	11,870
Accumulated depreciation	(4,995)	(5,028)
Buildings, net	4,422	6,842
Land	2,089	2,340
Lease assets	3,042	4,151
Accumulated depreciation	(1,985)	(2,173)
Lease assets, net	1,056	1,978
Other	5,983	8,829
Accumulated depreciation	(4,294)	(4,599)
Other, net	1,688	4,229
Total property, plant and equipment	9,258	15,391
Intangible assets
Goodwill	3,701	3,900
Software	3,733	4,196
Lease assets	91	169
Customer assets	1,425	1,160
Other	127	128
Total intangible assets	9,079	9,555
Investments and other assets
Investment securities	3,699	3,792
Long-term loans receivable	187	170
Net defined benefit asset	1,015	1,138
Deferred tax assets	745	1,003
Lease and guarantee deposits	4,987	4,649
Other	1,104	1,249
Allowance for doubtful accounts	(111)	(95)
Total investments and other assets	11,629	11,908
Total non-current assets	29,966	36,854
Total assets	94,584	112,795