MEGMILK SNOW BRAND 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	6,677	21,374	29,001	20,351	19,991	21,840
Cash & Short-Term Investments	6,677	21,374	29,001	20,351	19,991	21,840
Cash Growth	-69.98%	-26.30%	42.50%	1.80%	-8.47%	40.58%
Accounts Receivable	85,730	81,085	87,642	79,869	71,939	71,333
Other Receivables	-	3,453	3,851	4,139	3,836	6,957
Receivables	85,730	84,538	91,493	84,008	75,775	78,290
Inventory	69,570	64,691	59,078	57,812	62,149	59,926
Other Current Assets	5,784	3,103	2,195	1,992	2,224	1,660
Total Current Assets	167,761	173,706	181,767	164,163	160,139	161,716
Property, Plant & Equipment	177,121	175,831	177,541	180,101	178,892	177,277
Long-Term Investments	67,574	71,883	64,541	59,564	56,630	53,051
Goodwill	258	328	441	516	582	645
Other Intangible Assets	6,566	6,479	4,058	2,672	2,709	2,867
Long-Term Deferred Tax Assets	2,911	2,843	2,873	3,112	2,936	3,092
Other Long-Term Assets	2	3	1	2	2	2
Total Assets	422,193	431,073	431,222	410,130	401,890	398,650
Accounts Payable	63,901	64,843	67,258	64,298	58,724	59,786
Accrued Expenses	5,595	9,520	10,341	7,922	7,823	13,312
Short-Term Debt	21,165	7,385	7,081	10,200	17,011	16,409
Current Portion of Long-Term Debt	-	9,559	3,124	7,629	958	15,623
Current Portion of Leases	-	665	800	820	830	793
Current Income Taxes Payable	5,885	9,800	15,916	9,545	9,796	15,855
Other Current Liabilities	31,076	17,491	17,954	16,490	17,992	6,780
Total Current Liabilities	127,622	119,263	122,474	116,904	113,134	128,558
Long-Term Debt	34,425	34,680	44,054	47,178	49,378	42,046
Long-Term Leases	-	3,568	3,812	4,055	4,051	4,502
Pension & Post-Retirement Benefits	6,877	7,144	8,486	8,708	8,840	9,590
Long-Term Deferred Tax Liabilities	9,847	12,252	11,004	11,132	10,422	8,964
Other Long-Term Liabilities	9,556	6,130	6,093	6,254	6,538	6,736
Total Liabilities	188,327	183,037	195,923	194,231	192,363	200,396
Common Stock	20,000	20,000	20,000	20,000	20,000	20,000
Additional Paid-In Capital	17,038	17,029	17,027	17,027	17,027	17,607
Retained Earnings	180,287	175,746	167,278	151,908	147,231	137,941
Treasury Stock	-21,062	-5,553	-5,322	-5,327	-5,347	-5,355
Comprehensive Income & Other	34,182	37,458	33,102	29,271	27,866	25,019
Total Common Equity	230,445	244,680	232,085	212,879	206,777	195,212
Minority Interest	3,421	3,356	3,214	3,020	2,750	3,042
Shareholders' Equity	233,866	248,036	235,299	215,899	209,527	198,254
Total Liabilities & Equity	422,193	431,073	431,222	410,130	401,890	398,650
Total Debt	55,590	55,857	58,871	69,882	72,228	79,373
Net Cash (Debt)	-48,913	-34,483	-29,870	-49,531	-52,237	-57,533
Net Cash Per Share	-743.70	-510.71	-442.22	-733.35	-773.49	-851.14
Filing Date Shares Outstanding	61.98	63.4	67.55	67.54	67.53	67.53
Total Common Shares Outstanding	61.98	67.46	67.55	67.54	67.53	67.53
Working Capital	40,139	54,443	59,293	47,259	47,005	33,158
Book Value Per Share	3718.18	3626.91	3436.00	3151.73	3061.99	2890.62
Tangible Book Value	223,621	237,873	227,586	209,691	203,486	191,700
Tangible Book Value Per Share	3608.08	3526.01	3369.39	3104.54	3013.26	2838.62

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