Annual report
6492.TEDINET S100XBYD
Period2024-12-01 → 2025-09-30
Filed2025-12-22
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 148
| Metric | Value | Period | Scope | Source row |
|---|---|---|---|---|
| Revenue | ¥7.0bn | 2024-12-01 → 2025-09-30 | Cons. | Net sales |
| Revenue | ¥8.2bn | 2023-12-01 → 2024-11-30 | Cons. | Net sales |
| Revenue | ¥7.4bn | 2022-12-01 → 2023-11-30v | Cons. | Net sales (5-year summary) |
| Revenue | ¥6.9bn | 2021-12-01 → 2022-11-30v | Cons. | Net sales (5-year summary) |
| Revenue | ¥5.8bn | 2020-12-01 → 2021-11-30d | Cons. | Net sales (5-year summary) |
| Operating income | ¥864m | 2024-12-01 → 2025-09-30 | Cons. | Operating income |
| Operating income | ¥1.2bn | 2023-12-01 → 2024-11-30 | Cons. | Operating income |
| Ordinary income | ¥979m | 2024-12-01 → 2025-09-30 | Cons. | Ordinary income |
| Ordinary income | ¥1.3bn | 2023-12-01 → 2024-11-30 | Cons. | Ordinary income |
| Ordinary income | ¥910m | 2022-12-01 → 2023-11-30v | Cons. | Ordinary income loss (5-year summary) |
| Ordinary income | ¥562m | 2021-12-01 → 2022-11-30v | Cons. | Ordinary income loss (5-year summary) |
| Ordinary income | ¥445m | 2020-12-01 → 2021-11-30d | Cons. | Ordinary income loss (5-year summary) |
| Profit before tax | ¥1.2bn | 2024-12-01 → 2025-09-30 | Cons. | Income before income taxes |
| Profit before tax | ¥1.3bn | 2023-12-01 → 2024-11-30 | Cons. | Income before income taxes |
| Net income (owners) | ¥825m | 2024-12-01 → 2025-09-30 | Cons. | Profit loss attributable to owners of parent |
| Net income (owners) | ¥1.1bn | 2023-12-01 → 2024-11-30 | Cons. | Profit loss attributable to owners of parent |
| Net income (owners) | ¥697m | 2022-12-01 → 2023-11-30v | Cons. | Profit loss attributable to owners of parent (5-year summary) |
| Net income (owners) | ¥483m | 2021-12-01 → 2022-11-30v | Cons. | Profit loss attributable to owners of parent (5-year summary) |
| Net income (owners) | ¥303m | 2020-12-01 → 2021-11-30d | Cons. | Profit loss attributable to owners of parent (5-year summary) |
| Net income | ¥825m | 2024-12-01 → 2025-09-30 | Cons. | Profit loss |
| Net income | ¥1.1bn | 2023-12-01 → 2024-11-30 | Cons. | Profit loss |
| Total assets | ¥14.5bn | at 2025-09-30 | Cons. | Assets |
| Total assets | ¥14.2bn | at 2024-11-30 | Cons. | Assets |
| Total assets | ¥12.7bn | at 2023-11-30v | Cons. | Total assets (5-year summary) |
| Total assets | ¥12.4bn | at 2022-11-30v | Cons. | Total assets (5-year summary) |
| Total assets | ¥12.1bn | at 2021-11-30d | Cons. | Total assets (5-year summary) |
| Total liabilities | ¥2.5bn | at 2025-09-30 | Cons. | Liabilities |
| Total liabilities | ¥3.0bn | at 2024-11-30 | Cons. | Liabilities |
| Net assets / equity | ¥12.0bn | at 2025-09-30 | Cons. | Net assets |
| Net assets / equity | ¥11.2bn | at 2024-11-30 | Cons. | Net assets |
| Net assets / equity | ¥10.0bn | at 2023-11-30v | Cons. | Net assets |
| Net assets / equity | ¥9.5bn | at 2022-11-30v | Cons. | Net assets (5-year summary) |
| Net assets / equity | ¥9.0bn | at 2021-11-30d | Cons. | Net assets (5-year summary) |
| Cash and deposits | ¥4.9bn | at 2025-09-30 | Cons. | Cash and deposits |
| Cash and deposits | ¥4.4bn | at 2024-11-30 | Cons. | Cash and deposits |
| Cash & equivalents | ¥4.8bn | at 2025-09-30 | Cons. | Cash and cash equivalents |
| Cash & equivalents | ¥4.3bn | at 2024-11-30 | Cons. | Cash and cash equivalents |
| Cash & equivalents | ¥3.4bn | at 2023-11-30v | Cons. | Cash and cash equivalents |
| Cash & equivalents | ¥4.1bn | at 2022-11-30v | Cons. | Cash and cash equivalents (5-year summary) |
| Cash & equivalents | ¥3.8bn | at 2021-11-30d | Cons. | Cash and cash equivalents (5-year summary) |
| Operating cash flow | ¥698m | 2024-12-01 → 2025-09-30 | Cons. | Net cash provided by used in operating activities |
| Operating cash flow | ¥2.3bn | 2023-12-01 → 2024-11-30 | Cons. | Net cash provided by used in operating activities |
| Operating cash flow | ¥471m | 2022-12-01 → 2023-11-30v | Cons. | Net cash provided by used in operating activities (5-year summary) |
| Operating cash flow | ¥996m | 2021-12-01 → 2022-11-30v | Cons. | Net cash provided by used in operating activities (5-year summary) |
| Operating cash flow | ¥861m | 2020-12-01 → 2021-11-30d | Cons. | Net cash provided by used in operating activities (5-year summary) |
| Investing cash flow | ¥196m | 2024-12-01 → 2025-09-30 | Cons. | Net cash provided by used in investment activities |
| Investing cash flow | −¥1.0bn | 2023-12-01 → 2024-11-30 | Cons. | Net cash provided by used in investment activities |
| Investing cash flow | −¥700m | 2022-12-01 → 2023-11-30v | Cons. | Net cash provided by used in investing activities (5-year summary) |
| Investing cash flow | −¥178m | 2021-12-01 → 2022-11-30v | Cons. | Net cash provided by used in investing activities (5-year summary) |
| Investing cash flow | −¥84m | 2020-12-01 → 2021-11-30d | Cons. | Net cash provided by used in investing activities (5-year summary) |
| Financing cash flow | −¥392m | 2024-12-01 → 2025-09-30 | Cons. | Net cash provided by used in financing activities |
| Financing cash flow | −¥370m | 2023-12-01 → 2024-11-30 | Cons. | Net cash provided by used in financing activities |
| Financing cash flow | −¥516m | 2022-12-01 → 2023-11-30v | Cons. | Net cash provided by used in financing activities (5-year summary) |
| Financing cash flow | −¥432m | 2021-12-01 → 2022-11-30v | Cons. | Net cash provided by used in financing activities (5-year summary) |
| Financing cash flow | −¥396m | 2020-12-01 → 2021-11-30d | Cons. | Net cash provided by used in financing activities (5-year summary) |
| EPS (basic) | ¥514.99 | 2024-12-01 → 2025-09-30 | Cons. | Basic earnings loss per share (5-year summary) |
| EPS (basic) | ¥688.62 | 2023-12-01 → 2024-11-30 | Cons. | Basic earnings loss per share (5-year summary) |
| EPS (basic) | ¥433.84 | 2022-12-01 → 2023-11-30v | Cons. | Basic earnings loss per share (5-year summary) |
| EPS (basic) | ¥290.83 | 2021-12-01 → 2022-11-30v | Cons. | Basic earnings loss per share (5-year summary) |
| EPS (basic) | ¥177.61 | 2020-12-01 → 2021-11-30d | Cons. | Basic earnings loss per share (5-year summary) |
| Net assets per share | ¥7,477.69 | at 2025-09-30 | Cons. | Net assets per share (5-year summary) |
| Net assets per share | ¥6,977.51 | at 2024-11-30 | Cons. | Net assets per share (5-year summary) |
| Net assets per share | ¥6,264.9 | at 2023-11-30v | Cons. | Net assets per share (5-year summary) |
| Net assets per share | ¥5,716.76 | at 2022-11-30v | Cons. | Net assets per share (5-year summary) |
| Net assets per share | ¥5,314.84 | at 2021-11-30d | Cons. | Net assets per share (5-year summary) |
| Equity ratio | 82.5% | at 2025-09-30 | Cons. | Equity to asset ratio (5-year summary) |
| Equity ratio | 78.7% | at 2024-11-30 | Cons. | Equity to asset ratio (5-year summary) |
| Equity ratio | 78.8% | at 2023-11-30v | Cons. | Equity to asset ratio (5-year summary) |
| Equity ratio | 76.3% | at 2022-11-30v | Cons. | Equity to asset ratio (5-year summary) |
| Equity ratio | 74.4% | at 2021-11-30d | Cons. | Equity to asset ratio (5-year summary) |
| ROE | 7.1% | 2024-12-01 → 2025-09-30 | Cons. | Rate of return on equity (5-year summary) |
| ROE | 10.4% | 2023-12-01 → 2024-11-30 | Cons. | Rate of return on equity (5-year summary) |
| ROE | 7.2% | 2022-12-01 → 2023-11-30v | Cons. | Rate of return on equity (5-year summary) |
| ROE | 5.2% | 2021-12-01 → 2022-11-30v | Cons. | Rate of return on equity (5-year summary) |
| ROE | 3.4% | 2020-12-01 → 2021-11-30d | Cons. | Rate of return on equity (5-year summary) |
| Employees | 324 | at 2025-09-30 | Cons. | Number of employees |
| Employees | 335 | at 2024-11-30 | Cons. | Number of employees |
| Employees | 339 | at 2023-11-30v | Cons. | Number of employees |
| Employees | 356 | at 2022-11-30v | Cons. | Number of employees |
| Employees | 364 | at 2021-11-30d | Cons. | Number of employees |
| Revenue | ¥7.0bn | 2024-12-01 → 2025-09-30 | Standalone | Net sales |
| Revenue | ¥8.2bn | 2023-12-01 → 2024-11-30 | Standalone | Net sales |
| Revenue | ¥7.4bn | 2022-12-01 → 2023-11-30v | Standalone | Net sales (5-year summary) |
| Revenue | ¥6.8bn | 2021-12-01 → 2022-11-30v | Standalone | Net sales (5-year summary) |
| Revenue | ¥5.8bn | 2020-12-01 → 2021-11-30d | Standalone | Net sales (5-year summary) |
| Operating income | ¥854m | 2024-12-01 → 2025-09-30 | Standalone | Operating income |
| Operating income | ¥1.1bn | 2023-12-01 → 2024-11-30 | Standalone | Operating income |
| Ordinary income | ¥952m | 2024-12-01 → 2025-09-30 | Standalone | Ordinary income |
| Ordinary income | ¥1.2bn | 2023-12-01 → 2024-11-30 | Standalone | Ordinary income |
| Ordinary income | ¥831m | 2022-12-01 → 2023-11-30v | Standalone | Ordinary income loss (5-year summary) |
| Ordinary income | ¥490m | 2021-12-01 → 2022-11-30v | Standalone | Ordinary income loss (5-year summary) |
| Ordinary income | ¥386m | 2020-12-01 → 2021-11-30d | Standalone | Ordinary income loss (5-year summary) |
| Profit before tax | ¥1.2bn | 2024-12-01 → 2025-09-30 | Standalone | Income before income taxes |
| Profit before tax | ¥1.2bn | 2023-12-01 → 2024-11-30 | Standalone | Income before income taxes |
| Net income | ¥802m | 2024-12-01 → 2025-09-30 | Standalone | Profit loss |
| Net income | ¥1.1bn | 2023-12-01 → 2024-11-30 | Standalone | Profit loss |
| Net income | ¥634m | 2022-12-01 → 2023-11-30v | Standalone | Net income loss (5-year summary) |
| Net income | ¥428m | 2021-12-01 → 2022-11-30v | Standalone | Net income loss (5-year summary) |
| Net income | ¥261m | 2020-12-01 → 2021-11-30d | Standalone | Net income loss (5-year summary) |
| Total assets | ¥13.4bn | at 2025-09-30 | Standalone | Assets |
| Total assets | ¥13.2bn | at 2024-11-30 | Standalone | Assets |
| Total assets | ¥11.7bn | at 2023-11-30v | Standalone | Total assets (5-year summary) |
| Total assets | ¥11.5bn | at 2022-11-30v | Standalone | Total assets (5-year summary) |
| Total assets | ¥11.2bn | at 2021-11-30d | Standalone | Total assets (5-year summary) |
| Total liabilities | ¥2.7bn | at 2025-09-30 | Standalone | Liabilities |
| Total liabilities | ¥3.3bn | at 2024-11-30 | Standalone | Liabilities |
| Net assets / equity | ¥10.7bn | at 2025-09-30 | Standalone | Net assets |
| Net assets / equity | ¥9.9bn | at 2024-11-30 | Standalone | Net assets |
| Net assets / equity | ¥8.9bn | at 2023-11-30v | Standalone | Net assets |
| Net assets / equity | ¥8.4bn | at 2022-11-30v | Standalone | Net assets (5-year summary) |
| Net assets / equity | ¥8.1bn | at 2021-11-30d | Standalone | Net assets (5-year summary) |
| Cash and deposits | ¥4.3bn | at 2025-09-30 | Standalone | Cash and deposits |
| Cash and deposits | ¥3.8bn | at 2024-11-30 | Standalone | Cash and deposits |
| EPS (basic) | ¥500.31 | 2024-12-01 → 2025-09-30 | Standalone | Basic earnings loss per share (5-year summary) |
| EPS (basic) | ¥660.17 | 2023-12-01 → 2024-11-30 | Standalone | Basic earnings loss per share (5-year summary) |
| EPS (basic) | ¥394.7 | 2022-12-01 → 2023-11-30v | Standalone | Basic earnings loss per share (5-year summary) |
| EPS (basic) | ¥257.46 | 2021-12-01 → 2022-11-30v | Standalone | Basic earnings loss per share (5-year summary) |
| EPS (basic) | ¥152.91 | 2020-12-01 → 2021-11-30d | Standalone | Basic earnings loss per share (5-year summary) |
| Dividend per share | ¥60 | 2024-12-01 → 2025-09-30 | Standalone | Dividend paid per share (5-year summary) |
| Dividend per share | ¥70 | 2023-12-01 → 2024-11-30 | Standalone | Dividend paid per share (5-year summary) |
| Dividend per share | ¥30 | 2022-12-01 → 2023-11-30v | Standalone | Dividend paid per share (5-year summary) |
| Dividend per share | ¥20 | 2021-12-01 → 2022-11-30v | Standalone | Dividend paid per share (5-year summary) |
| Dividend per share | ¥20 | 2020-12-01 → 2021-11-30d | Standalone | Dividend paid per share (5-year summary) |
| Net assets per share | ¥6,641.59 | at 2025-09-30 | Standalone | Net assets per share (5-year summary) |
| Net assets per share | ¥6,198.92 | at 2024-11-30 | Standalone | Net assets per share (5-year summary) |
| Net assets per share | ¥5,553.3 | at 2023-11-30v | Standalone | Net assets per share (5-year summary) |
| Net assets per share | ¥5,073.85 | at 2022-11-30v | Standalone | Net assets per share (5-year summary) |
| Net assets per share | ¥4,765.24 | at 2021-11-30d | Standalone | Net assets per share (5-year summary) |
| Equity ratio | 79.5% | at 2025-09-30 | Standalone | Equity to asset ratio (5-year summary) |
| Equity ratio | 75.2% | at 2024-11-30 | Standalone | Equity to asset ratio (5-year summary) |
| Equity ratio | 75.6% | at 2023-11-30v | Standalone | Equity to asset ratio (5-year summary) |
| Equity ratio | 73.1% | at 2022-11-30v | Standalone | Equity to asset ratio (5-year summary) |
| Equity ratio | 72.0% | at 2021-11-30d | Standalone | Equity to asset ratio (5-year summary) |
| ROE | 7.8% | 2024-12-01 → 2025-09-30 | Standalone | Rate of return on equity (5-year summary) |
| ROE | 11.2% | 2023-12-01 → 2024-11-30 | Standalone | Rate of return on equity (5-year summary) |
| ROE | 7.4% | 2022-12-01 → 2023-11-30v | Standalone | Rate of return on equity (5-year summary) |
| ROE | 5.3% | 2021-12-01 → 2022-11-30v | Standalone | Rate of return on equity (5-year summary) |
| ROE | 3.3% | 2020-12-01 → 2021-11-30d | Standalone | Rate of return on equity (5-year summary) |
| Shares issued | 1,793,000 | at 2025-09-30 | Standalone | Total number of issued shares (5-year summary) |
| Shares issued | 1,793,000 | at 2024-11-30 | Standalone | Total number of issued shares (5-year summary) |
| Shares issued | 1,793,000 | at 2023-11-30v | Standalone | Total number of issued shares (5-year summary) |
| Shares issued | 1,793,000 | at 2022-11-30v | Standalone | Total number of issued shares (5-year summary) |
| Shares issued | 1,793,000 | at 2021-11-30d | Standalone | Total number of issued shares (5-year summary) |
| Employees | 179 | at 2025-09-30 | Standalone | Number of employees |
| Employees | 176 | at 2024-11-30 | Standalone | Number of employees |
| Employees | 178 | at 2023-11-30v | Standalone | Number of employees |
| Employees | 189 | at 2022-11-30v | Standalone | Number of employees |
| Employees | 192 | at 2021-11-30d | Standalone | Number of employees |
Periods use the dates stated in the filing. d = earlier-year period dated by calendar; v = that date confirmed by the company's own earlier filing.
Segments · 2
| Segment | Item | Period | Value |
|---|---|---|---|
| Valve Manufacturing Businessreportable segment | employees | at 2025-09-30 | 324 pure |
| Valve Manufacturing Businessreportable segment | employees | at 2025-09-30 | 179 pure |
Segment names come from EDINET member IDs; not yet mapped to a common taxonomy.
All source rows · 1,368
| Item | Context | Value | Unit |
|---|---|---|---|
| Description issued shares total number of shares etc | FilingDateInstant_OrdinaryShareMember | Original text (Japanese)単元株式数100株 | |
| Details of employee share option program (text) | FilingDateInstant | Text · Plus | |
| Description of rights plan (text) | FilingDateInstant | Text · Plus | |
| Other information on share acquisition rights (text) | FilingDateInstant | Text · Plus | |
| Exercises etc of moving strike convertible bonds etc (text) | FilingDateInstant | Text · Plus | |
| Changes in number of issued shares stated capital etc (text) | FilingDateInstant | Text · Plus | |
| Shareholding by shareholder category (text) | FilingDateInstant | Text · Plus | |
| Major shareholders (text) | FilingDateInstant | Text · Plus | |
| Name major shareholders | CurrentYearInstant_No1MajorShareholdersMember | Original text (Japanese)岡野商事株式会社 | |
| Address major shareholders | CurrentYearInstant_No1MajorShareholdersMember | Original text (Japanese)福岡県北九州市門司区港町1番8号 | |
| Name major shareholders | CurrentYearInstant_No2MajorShareholdersMember | Original text (Japanese)岡野正敏 | |
| Address major shareholders | CurrentYearInstant_No2MajorShareholdersMember | Original text (Japanese)北九州市門司区 | |
| Name major shareholders | CurrentYearInstant_No3MajorShareholdersMember | Original text (Japanese)清原達郎 | |
| Address major shareholders | CurrentYearInstant_No3MajorShareholdersMember | Original text (Japanese)東京都港区 | |
| Name major shareholders | CurrentYearInstant_No4MajorShareholdersMember | Original text (Japanese)光通信KK投資事業有限責任組合 | |
| Address major shareholders | CurrentYearInstant_No4MajorShareholdersMember | Original text (Japanese)東京都豊島区西池袋1丁目4番10号 | |
| Name major shareholders | CurrentYearInstant_No5MajorShareholdersMember | Original text (Japanese)岡野バルブ取引先持株会 | |
| Address major shareholders | CurrentYearInstant_No5MajorShareholdersMember | Original text (Japanese)北九州市門司区中町1番14号 | |
| Name major shareholders | CurrentYearInstant_No6MajorShareholdersMember | Original text (Japanese)株式会社日本カストディ銀行 | |
| Address major shareholders | CurrentYearInstant_No6MajorShareholdersMember | Original text (Japanese)東京都中央区晴海1丁目8番12号 | |
| Name major shareholders | CurrentYearInstant_No7MajorShareholdersMember | Original text (Japanese)株式会社福岡銀行 | |
| Address major shareholders | CurrentYearInstant_No7MajorShareholdersMember | Original text (Japanese)福岡市中央区天神2丁目13番1号 | |
| Name major shareholders | CurrentYearInstant_No8MajorShareholdersMember | Original text (Japanese)株式会社北九州銀行 | |
| Address major shareholders | CurrentYearInstant_No8MajorShareholdersMember | Original text (Japanese)北九州市小倉北区堺町1丁目1番10号 | |
| Name major shareholders | CurrentYearInstant_No9MajorShareholdersMember | Original text (Japanese)岡野バルブ社員持株会 | |
| Address major shareholders | CurrentYearInstant_No9MajorShareholdersMember | Original text (Japanese)北九州市門司区中町1番14号 | |
| Name major shareholders | CurrentYearInstant_No10MajorShareholdersMember | Original text (Japanese)岡野正紀 | |
| Address major shareholders | CurrentYearInstant_No10MajorShareholdersMember | Original text (Japanese)東京都世田谷区 | |
| Issued shares voting rights (text) | FilingDateInstant | Text · Plus | |
| Description issued shares voting rights | CurrentYearInstant_SharesWithNoVotingRightsMember | － | |
| Description issued shares voting rights | CurrentYearInstant_SharesWithRestrictedVotingRightsTreasurySharesEtcMember | － | |
| Description issued shares voting rights | CurrentYearInstant_SharesWithRestrictedVotingRightsOtherMember | － | |
| Description issued shares voting rights | CurrentYearInstant_SharesWithFullVotingRightsTreasurySharesEtcMember | － | |
| Description issued shares voting rights | CurrentYearInstant_SharesWithFullVotingRightsOtherMember | － | |
| Description issued shares voting rights | CurrentYearInstant_SharesLessThanOneUnitMember | － | |
| Treasury shares etc (text) | FilingDateInstant | Text · Plus | |
| Name of shareholder treasury shares etc | CurrentYearInstant_Row1Member | Original text (Japanese)岡野バルブ製造㈱ | |
| Address of shareholder treasury shares etc | CurrentYearInstant_Row1Member | Original text (Japanese)北九州市門司区中町１番14号 | |
| Classes of shares etc (text) | FilingDateInstant | Text · Plus | |
| Acquisitions by resolution of shareholders meeting (text) | FilingDateInstant | Text · Plus | |
| Acquisitions by resolution of board of directors meeting (text) | FilingDateInstant | Text · Plus | |
| Acquisitions not based on resolution of shareholders meeting or board of directors meeting (text) | FilingDateInstant | Text · Plus | |
| Disposals or holding of acquired treasury shares (text) | FilingDateInstant | Text · Plus | |
| Dividend policy (text) | FilingDateInstant | Text · Plus | |
| Date of resolution dividends of surplus | FilingDateInstant_Row1Member | 2025-06-18 | |
| Resolution dividends of surplus | FilingDateInstant_Row1Member | Original text (Japanese)取締役会決議 | |
| Date of resolution dividends of surplus | FilingDateInstant_Row2Member | 2025-12-19 | |
| Resolution dividends of surplus | FilingDateInstant_Row2Member | Original text (Japanese)定時株主総会決議 | |
| Overview of corporate governance (text) | FilingDateInstant | Text · Plus | |
| Corporate governance company with audit and supervisory committee (text) | FilingDateInstant | Text · Plus |
Every row of the EDINET CSV. Item names are the XBRL element names; filed text is kept in its original Japanese. Filed text is available on Plus and Pro.
Data checks · 24 of 24 passed
| balance sheet identity | pass rounding |
| balance sheet identity | pass |
| balance sheet identity | pass |
| balance sheet identity | pass rounding |
| dei present | pass |
| period resolution | pass |
| statement vs summary · net assets | pass |
| statement vs summary · net assets | pass |
| statement vs summary · net assets | pass |
| statement vs summary · net assets | pass |
| statement vs summary · net assets | pass |
| statement vs summary · net assets | pass |
| statement vs summary · net income attributable to parent | pass |
| statement vs summary · net income attributable to parent | pass |
| statement vs summary · operating cash flow | pass |
| statement vs summary · operating cash flow | pass |
| statement vs summary · revenue | pass |
| statement vs summary · revenue | pass |
| statement vs summary · revenue | pass |
| statement vs summary · revenue | pass |
| statement vs summary · total assets | pass |
| statement vs summary · total assets | pass |
| statement vs summary · total assets | pass |
| statement vs summary · total assets | pass |