HORIBA Balance Sheet

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	153,824	144,272	132,775	139,855	135,023	114,537
Short-Term Investments	2,121	2,062	2,000	1,499	2,012	1,965
Cash & Short-Term Investments	155,945	146,334	134,775	141,354	137,035	116,502
Cash Growth	19.75%	8.58%	-4.65%	3.15%	17.63%	18.01%
Receivables	68,192	79,774	70,224	68,498	58,645	49,841
Inventory	102,070	97,677	99,473	75,271	53,113	49,250
Other Current Assets	13,473	13,016	14,105	11,424	9,251	8,366
Total Current Assets	339,680	336,801	318,577	296,547	258,044	223,959
Property, Plant & Equipment	117,619	112,972	100,801	95,702	88,302	82,071
Long-Term Investments	16,894	19,258	18,442	14,183	15,812	13,567
Goodwill	2,130	1,061	1,343	610	966	944
Other Intangible Assets	4,712	4,422	3,622	2,983	3,457	3,681
Long-Term Deferred Tax Assets	7,278	7,100	6,244	6,715	5,002	3,844
Other Long-Term Assets	1,898	2	1	2	2	2
Total Assets	490,211	481,616	449,030	416,742	371,585	328,068
Accounts Payable	20,924	20,321	30,518	36,945	29,546	20,264
Accrued Expenses	5,139	2,747	2,312	2,003	1,137	919
Short-Term Debt	10,378	9,013	5,695	12,351	25,107	9,548
Current Income Taxes Payable	3,235	31,342	27,967	28,576	24,039	19,134
Other Current Liabilities	32,477	36,860	34,559	32,354	22,310	22,932
Total Current Liabilities	99,835	100,283	101,051	112,229	102,139	72,797
Long-Term Debt	54,539	55,391	54,699	54,854	55,077	67,518
Pension & Post-Retirement Benefits	2,436	2,074	1,873	1,547	2,107	2,237
Long-Term Deferred Tax Liabilities	825	739	645	1,270	1,731	836
Other Long-Term Liabilities	8,729	8,426	7,032	5,994	6,040	6,013
Total Liabilities	166,364	166,913	165,300	175,894	167,094	149,401
Common Stock	12,011	12,011	12,011	12,011	12,011	12,011
Additional Paid-In Capital	18,624	18,624	18,766	18,684	18,624	18,599
Retained Earnings	254,474	241,826	223,320	194,000	166,892	150,222
Treasury Stock	-2,401	-2,841	-1,037	-1,193	-1,323	-1,323
Comprehensive Income & Other	41,118	45,069	30,653	17,331	8,275	-848
Total Common Equity	323,826	314,689	283,713	240,833	204,479	178,661
Minority Interest	21	14	17	15	12	6
Shareholders' Equity	323,847	314,703	283,730	240,848	204,491	178,667
Total Liabilities & Equity	490,211	481,616	449,030	416,742	371,585	328,068
Total Debt	64,917	64,404	60,394	67,205	80,184	77,066
Net Cash (Debt)	91,028	81,930	74,381	74,149	56,851	39,436
Net Cash Growth	35.42%	10.15%	0.31%	30.43%	44.16%	39.09%
Net Cash Per Share	2167.54	1939.91	1751.17	1747.27	1340.38	930.25
Filing Date Shares Outstanding	42	41.95	42.2	42.23	42.2	42.2
Total Common Shares Outstanding	42	41.95	42.27	42.23	42.2	42.2
Working Capital	239,845	236,518	217,526	184,318	155,905	151,162
Book Value Per Share	7710.88	7501.08	6711.97	5702.86	4845.79	4233.95
Tangible Book Value	316,984	309,206	278,748	237,240	200,056	174,036
Tangible Book Value Per Share	7547.96	7370.38	6594.51	5617.78	4740.97	4124.34
Order Backlog	-	167,984	167,466	177,719	122,323	80,290

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