HORIBA Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	162,339	144,272	132,775	139,855	135,023
Short-Term Investments	2,228	2,062	2,000	1,499	2,012
Cash & Short-Term Investments	164,567	146,334	134,775	141,354	137,035
Cash Growth	12.46%	8.58%	-4.65%	3.15%	17.63%
Receivables	80,612	79,774	70,224	68,498	58,645
Inventory	94,742	97,677	99,473	75,271	53,113
Other Current Assets	12,308	13,016	14,105	11,424	9,251
Total Current Assets	352,229	336,801	318,577	296,547	258,044
Property, Plant & Equipment	132,147	112,972	100,801	95,702	88,302
Long-Term Investments	18,626	19,258	18,442	14,183	15,812
Goodwill	1,984	1,061	1,343	610	966
Other Intangible Assets	4,459	4,422	3,622	2,983	3,457
Long-Term Deferred Tax Assets	5,975	7,100	6,244	6,715	5,002
Other Long-Term Assets	2,859	2	1	2	2
Total Assets	518,279	481,616	449,030	416,742	371,585
Accounts Payable	19,595	20,321	30,518	36,945	29,546
Accrued Expenses	3,758	2,747	2,312	2,003	1,137
Short-Term Debt	12,189	9,013	5,695	12,351	25,107
Current Portion of Long-Term Debt	15,000	-	-	-	-
Current Income Taxes Payable	5,554	31,342	27,967	28,576	24,039
Current Unearned Revenue	23,575	-	-	-	-
Other Current Liabilities	38,307	36,860	34,559	32,354	22,310
Total Current Liabilities	117,978	100,283	101,051	112,229	102,139
Long-Term Debt	39,294	55,391	54,699	54,854	55,077
Pension & Post-Retirement Benefits	2,366	2,074	1,873	1,547	2,107
Long-Term Deferred Tax Liabilities	866	739	645	1,270	1,731
Other Long-Term Liabilities	9,138	8,426	7,032	5,994	6,040
Total Liabilities	169,642	166,913	165,300	175,894	167,094
Common Stock	12,011	12,011	12,011	12,011	12,011
Additional Paid-In Capital	18,624	18,624	18,766	18,684	18,624
Retained Earnings	267,469	241,826	223,320	194,000	166,892
Treasury Stock	-2,402	-2,841	-1,037	-1,193	-1,323
Comprehensive Income & Other	52,898	45,069	30,653	17,331	8,275
Total Common Equity	348,600	314,689	283,713	240,833	204,479
Minority Interest	37	14	17	15	12
Shareholders' Equity	348,637	314,703	283,730	240,848	204,491
Total Liabilities & Equity	518,279	481,616	449,030	416,742	371,585
Total Debt	66,483	64,404	60,394	67,205	80,184
Net Cash (Debt)	98,084	81,930	74,381	74,149	56,851
Net Cash Growth	19.72%	10.15%	0.31%	30.43%	44.16%
Net Cash Per Share	2325.22	1939.91	1751.17	1747.27	1340.38
Filing Date Shares Outstanding	42	41.95	42.2	42.23	42.2
Total Common Shares Outstanding	42	41.95	42.27	42.23	42.2
Working Capital	234,251	236,518	217,526	184,318	155,905
Book Value Per Share	8300.80	7501.08	6711.97	5702.86	4845.79
Tangible Book Value	342,157	309,206	278,748	237,240	200,056
Tangible Book Value Per Share	8147.38	7370.38	6594.51	5617.78	4740.97
Order Backlog	-	167,984	167,466	177,719	122,323

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