Business One Holdings 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	3,925	3,902	3,578	3,144	2,703	2,250
Short-Term Investments	-	-	200	200	-	-
Cash & Short-Term Investments	3,925	3,902	3,778	3,344	2,703	2,250
Cash Growth	6.92%	3.28%	12.98%	23.71%	20.13%	9.97%
Accounts Receivable	6,129	5,231	4,652	3,823	2,253	1,312
Receivables	6,129	5,231	4,653	3,824	2,254	1,527
Inventory	7,731	7,993	9,048	9,544	6,416	4,724
Other Current Assets	257	235	229	246	215	133
Total Current Assets	18,042	17,361	17,708	16,958	11,588	8,634
Property, Plant & Equipment	12,779	12,461	10,423	10,142	8,749	7,849
Long-Term Investments	418	357	89	84	275	269
Goodwill	34	44	38	77	109	127
Other Intangible Assets	29	17	14	7	10	16
Long-Term Deferred Tax Assets	301	312	272	257	165	116
Other Long-Term Assets	2	2	2	1	1	1
Total Assets	31,605	30,554	28,546	27,527	20,899	17,016
Accounts Payable	229	192	59	73	57	49
Accrued Expenses	126	156	155	115	84	57
Short-Term Debt	13,779	12,398	13,455	12,881	8,423	5,714
Current Portion of Long-Term Debt	887	1,649	1,542	915	885	1,033
Current Portion of Leases	2	4	6	3	6	5
Current Income Taxes Payable	58	281	227	298	230	135
Other Current Liabilities	1,098	1,232	950	799	700	637
Total Current Liabilities	16,179	15,912	16,394	15,084	10,385	7,630
Long-Term Debt	8,487	8,366	6,977	7,978	6,678	6,049
Long-Term Leases	6	8	11	5	8	16
Long-Term Deferred Tax Liabilities	19	11	-	-	-	-
Other Long-Term Liabilities	161	157	139	156	148	136
Total Liabilities	24,852	24,454	23,521	23,223	17,219	13,831
Common Stock	436	436	436	436	436	436
Retained Earnings	5,978	5,369	4,582	3,868	3,244	2,749
Comprehensive Income & Other	18	17	7	-	-	-
Total Common Equity	6,432	5,822	5,025	4,304	3,680	3,185
Minority Interest	321	278	-	-	-	-
Shareholders' Equity	6,753	6,100	5,025	4,304	3,680	3,185
Total Liabilities & Equity	31,605	30,554	28,546	27,527	20,899	17,016
Total Debt	23,161	22,425	21,991	21,782	16,000	12,817
Net Cash (Debt)	-19,236	-18,523	-18,213	-18,438	-13,297	-10,567
Net Cash Per Share	-4636.41	-4464.56	-4389.84	-4444.07	-3204.95	-2546.94
Filing Date Shares Outstanding	4.15	4.15	4.15	4.15	4.15	4.15
Total Common Shares Outstanding	4.15	4.15	4.15	4.15	4.15	4.15
Working Capital	1,863	1,449	1,314	1,874	1,203	1,004
Book Value Per Share	1550.29	1403.26	1211.16	1037.38	886.98	767.67
Tangible Book Value	6,369	5,761	4,973	4,220	3,561	3,042
Tangible Book Value Per Share	1535.11	1388.56	1198.63	1017.14	858.30	733.21
Order Backlog	-	410	-	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.