Keihan 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	Sep '25 Sep 30, 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	13,417	13,836	22,828	16,784	20,327	26,561
Short-Term Investments	660	1,964	177	75	1,432	784
Cash & Short-Term Investments	14,077	15,800	23,005	16,859	21,759	27,345
Cash Growth	-19.90%	-31.32%	36.45%	-22.52%	-20.43%	59.95%
Receivables	28,038	34,920	46,999	35,673	24,834	23,184
Inventory	176,163	163,099	154,022	148,885	128,293	135,473
Other Current Assets	25,002	21,433	16,568	15,585	11,908	11,183
Total Current Assets	243,280	235,252	240,594	217,002	186,794	197,185
Property, Plant & Equipment	547,921	538,325	502,549	486,638	481,726	487,152
Long-Term Investments	78,168	75,667	66,849	59,429	55,910	59,472
Other Intangible Assets	7,966	8,549	8,106	7,476	7,218	8,065
Long-Term Deferred Tax Assets	1,964	1,959	1,970	4,104	5,369	12,087
Other Long-Term Assets	1	2	2	2	2	2
Total Assets	879,405	859,860	820,224	774,849	737,261	764,247
Accounts Payable	7,872	10,064	11,032	10,137	10,020	9,639
Accrued Expenses	3,295	3,097	2,994	2,882	2,569	2,429
Short-Term Debt	67,439	72,430	77,694	53,608	60,320	77,662
Current Portion of Long-Term Debt	10,000	20,000	-	20,000	10,000	10,000
Current Income Taxes Payable	29,941	42,554	50,901	3,751	3,777	6,377
Other Current Liabilities	41,993	34,700	32,571	58,399	40,791	59,786
Total Current Liabilities	160,540	182,845	175,192	148,777	127,477	165,893
Long-Term Debt	310,169	278,769	260,631	268,016	274,990	263,937
Long-Term Leases	9,846	10,336	9,793	10,554	-	-
Pension & Post-Retirement Benefits	11,767	11,714	14,566	16,969	17,736	18,215
Long-Term Deferred Tax Liabilities	35,941	35,374	33,621	35,940	35,932	41,823
Other Long-Term Liabilities	25,404	26,316	21,602	21,085	25,252	25,785
Total Liabilities	553,667	545,354	515,405	501,341	481,387	515,653
Common Stock	51,466	51,466	51,466	51,466	51,466	51,466
Additional Paid-In Capital	12,842	28,772	28,798	28,792	28,796	28,792
Retained Earnings	220,117	213,924	189,411	166,989	152,007	145,660
Treasury Stock	-19,912	-39,038	-21,496	-21,574	-21,643	-21,656
Comprehensive Income & Other	53,376	52,208	50,409	42,696	40,734	40,200
Total Common Equity	317,889	307,332	298,588	268,369	251,360	244,462
Minority Interest	7,849	7,174	6,231	5,139	4,514	4,132
Shareholders' Equity	325,738	314,506	304,819	273,508	255,874	248,594
Total Liabilities & Equity	879,405	859,860	820,224	774,849	737,261	764,247
Total Debt	397,454	381,535	348,118	352,178	345,310	351,599
Net Cash (Debt)	-383,377	-365,735	-325,113	-335,319	-323,551	-324,254
Net Cash Per Share	-3750.93	-3470.96	-3031.44	-3127.13	-3017.75	-3025.24
Filing Date Shares Outstanding	100.9	100.88	107.23	107.2	107.19	107.18
Total Common Shares Outstanding	100.9	101.61	107.23	107.2	107.19	107.18
Working Capital	82,740	52,407	65,402	68,225	59,317	31,292
Book Value Per Share	3150.46	3024.64	2784.66	2503.34	2345.09	2280.81
Tangible Book Value	309,923	298,783	290,482	260,893	244,142	236,397
Tangible Book Value Per Share	3071.51	2940.50	2709.06	2433.60	2277.75	2205.56

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