Marutai Balance Sheet

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	1,398	1,398	824	1,122	758	853
Short-Term Investments	1,000	1,500	1,000	600	500	1,300
Cash & Short-Term Investments	2,398	2,898	1,824	1,722	1,258	2,153
Cash Growth	18.30%	58.88%	5.92%	36.88%	-41.57%	-34.20%
Accounts Receivable	3,041	2,603	2,617	2,453	2,443	2,303
Other Receivables	-	123	174	146	512	119
Receivables	3,041	2,726	2,791	2,599	2,955	2,422
Inventory	571	581	618	546	433	358
Prepaid Expenses	-	2	11	11	9	7
Other Current Assets	142	2	3	2	2	2
Total Current Assets	6,152	6,209	5,247	4,880	4,657	4,942
Property, Plant & Equipment	5,885	6,142	6,807	7,195	7,487	5,043
Long-Term Investments	1,257	1,074	1,097	860	839	918
Other Intangible Assets	171	172	200	214	202	113
Other Long-Term Assets	1	3	1	2	1	2
Total Assets	13,466	13,600	13,352	13,151	13,186	11,018
Accounts Payable	1,270	1,297	1,254	1,240	1,052	1,003
Accrued Expenses	45	149	145	145	145	122
Current Portion of Long-Term Debt	288	288	288	288	288	-
Current Portion of Leases	-	5	7	8	8	7
Current Income Taxes Payable	609	936	800	751	831	862
Other Current Liabilities	112	12	12	10	9	9
Total Current Liabilities	2,324	2,687	2,506	2,442	2,333	2,003
Long-Term Debt	464	680	968	1,256	1,544	-
Long-Term Leases	-	9	9	16	24	24
Pension & Post-Retirement Benefits	171	187	181	185	181	170
Long-Term Deferred Tax Liabilities	207	135	149	79	72	110
Other Long-Term Liabilities	17	11	10	12	11	10
Total Liabilities	3,183	3,709	3,823	3,990	4,165	2,317
Common Stock	1,989	1,989	1,989	1,989	1,989	1,989
Additional Paid-In Capital	1,989	1,989	1,989	1,989	1,989	1,989
Retained Earnings	5,807	5,541	5,151	4,964	4,831	4,454
Treasury Stock	-32	-32	-32	-32	-32	-32
Comprehensive Income & Other	530	404	432	251	244	301
Shareholders' Equity	10,283	9,891	9,529	9,161	9,021	8,701
Total Liabilities & Equity	13,466	13,600	13,352	13,151	13,186	11,018
Total Debt	752	982	1,272	1,568	1,864	31
Net Cash (Debt)	1,646	1,916	552	154	-606	2,122
Net Cash Growth	66.77%	247.10%	258.44%	-	-	-34.36%
Net Cash Per Share	861.44	1002.73	288.88	80.59	-317.14	1110.51
Filing Date Shares Outstanding	1.91	1.91	1.91	1.91	1.91	1.91
Total Common Shares Outstanding	1.91	1.91	1.91	1.91	1.91	1.91
Working Capital	3,828	3,522	2,741	2,438	2,324	2,939
Book Value Per Share	5377.54	5176.42	4980.66	4788.31	4715.14	4547.62
Tangible Book Value	10,112	9,719	9,329	8,947	8,819	8,588
Tangible Book Value Per Share	5288.11	5086.40	4876.12	4676.46	4609.55	4488.56

Source: S&P Global Market Intelligence. Standard template. Financial Sources.