MATSUDA SANGYO 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	11,048	12,878	14,568	11,761	11,379	8,803
Cash & Short-Term Investments	11,367	12,878	14,568	11,761	11,379	8,803
Cash Growth	-19.75%	-11.60%	23.87%	3.36%	29.26%	-24.45%
Accounts Receivable	48,203	34,074	31,974	25,583	26,059	23,773
Other Receivables	3,059	1,413	1,981	2,055	1,938	1,449
Receivables	51,262	35,487	33,955	27,638	27,997	25,222
Inventory	78,888	60,953	48,342	45,589	41,778	38,380
Other Current Assets	8,089	6,806	5,435	4,339	4,919	4,077
Total Current Assets	149,606	116,124	102,300	89,327	86,073	76,482
Property, Plant & Equipment	39,203	37,858	34,335	29,205	20,777	20,209
Long-Term Investments	9,313	11,889	10,166	9,334	7,355	6,559
Other Intangible Assets	2,952	3,028	2,135	1,341	772	515
Long-Term Deferred Tax Assets	1,879	-	-	-	819	499
Other Long-Term Assets	3,375	1	1	1	1	1
Total Assets	206,328	168,900	148,937	129,208	115,797	104,265
Accounts Payable	21,893	16,176	12,397	10,874	11,231	9,744
Accrued Expenses	641	1,238	1,061	1,030	1,012	976
Short-Term Debt	25,239	11,542	15,559	2,346	9,724	9,007
Current Portion of Long-Term Debt	5,343	4,108	3,002	3,102	1,588	1,488
Current Portion of Leases	258	228	288	246	302	407
Current Income Taxes Payable	2,470	3,790	1,893	3,402	4,440	3,272
Other Current Liabilities	20,014	11,531	10,316	6,893	5,295	4,449
Total Current Liabilities	75,858	48,613	44,516	27,893	33,592	29,343
Long-Term Debt	22,087	17,147	10,021	13,023	4,239	5,827
Long-Term Leases	339	446	534	520	535	566
Pension & Post-Retirement Benefits	1,466	2,335	2,242	2,993	2,878	2,856
Long-Term Deferred Tax Liabilities	10	62	135	12	12	36
Other Long-Term Liabilities	1,280	164	116	120	122	33
Total Liabilities	101,040	68,767	57,564	44,561	41,378	38,661
Common Stock	3,559	3,559	3,559	3,559	3,559	3,559
Additional Paid-In Capital	4,008	4,008	4,008	4,008	4,008	4,008
Retained Earnings	98,357	89,565	81,793	75,939	69,940	61,248
Treasury Stock	-1,688	-1,396	-1,395	-995	-3,413	-3,411
Comprehensive Income & Other	480	4,006	3,149	1,970	203	89
Total Common Equity	104,716	99,742	91,114	84,481	74,297	65,493
Minority Interest	572	391	259	166	122	111
Shareholders' Equity	105,288	100,133	91,373	84,647	74,419	65,604
Total Liabilities & Equity	206,328	168,900	148,937	129,208	115,797	104,265
Total Debt	53,266	33,471	29,404	19,237	16,388	17,295
Net Cash (Debt)	-41,899	-20,593	-14,836	-7,476	-5,009	-8,492
Net Cash Per Share	-1618.37	-794.57	-570.57	-286.60	-192.02	-324.04
Filing Date Shares Outstanding	25.84	25.92	25.92	26.09	26.09	26.09
Total Common Shares Outstanding	25.84	25.92	25.92	26.09	26.09	26.09
Working Capital	73,748	67,511	57,784	61,434	52,481	47,139
Book Value Per Share	4052.18	3848.50	3515.57	3238.59	2848.16	2510.60
Tangible Book Value	101,764	96,714	88,979	83,140	73,525	64,978
Tangible Book Value Per Share	3937.94	3731.66	3433.20	3187.19	2818.57	2490.86

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