Avex Inc. 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	30,996	35,690	47,075	48,143	44,671	52,654
Cash & Short-Term Investments	30,996	35,690	47,075	48,143	44,671	52,654
Cash Growth	-32.33%	-24.19%	-2.22%	7.77%	-15.16%	193.24%
Accounts Receivable	24,665	22,699	22,079	21,856	13,683	13,839
Other Receivables	-	5,641	3,705	5,463	4,329	6,373
Receivables	24,665	28,340	25,784	27,319	18,012	20,212
Inventory	6,345	4,908	4,501	4,194	6,534	6,318
Prepaid Expenses	-	1,917	1,895	1,516	1,264	1,189
Other Current Assets	16,694	6,919	7,208	5,045	4,845	4,343
Total Current Assets	78,700	77,774	86,463	86,217	75,326	84,716
Property, Plant & Equipment	9,595	8,500	6,642	4,551	4,354	3,110
Long-Term Investments	14,637	11,842	10,033	10,661	10,187	8,366
Other Intangible Assets	2,768	2,660	2,167	3,505	4,156	3,864
Long-Term Deferred Tax Assets	-	5,183	4,582	3,979	3,777	5,048
Other Long-Term Assets	3	1	-	2	1	1
Total Assets	108,396	105,960	109,887	108,915	97,801	105,105
Accounts Payable	2,603	2,972	1,762	3,434	2,556	1,457
Accrued Expenses	188	310	561	884	575	500
Current Portion of Long-Term Debt	1	3	3	3	7	54
Current Income Taxes Payable	26,791	38,406	38,959	33,821	23,332	32,031
Other Current Liabilities	26,518	11,143	10,302	9,962	8,981	11,096
Total Current Liabilities	56,101	52,834	51,587	48,104	35,451	45,138
Long-Term Debt	-	-	3	6	9	4
Pension & Post-Retirement Benefits	-	-	381	529	350	390
Other Long-Term Liabilities	1,745	2,014	1,817	1,439	1,298	1,235
Total Liabilities	57,846	54,848	53,788	50,078	37,108	46,767
Common Stock	4,833	4,755	4,678	4,599	4,521	4,443
Additional Paid-In Capital	5,063	5,649	5,598	5,526	5,422	5,171
Retained Earnings	43,491	43,677	44,746	46,343	45,924	50,209
Treasury Stock	-4,933	-4,933	-590	-590	-590	-5,655
Comprehensive Income & Other	1,007	961	757	2,195	2,594	1,256
Total Common Equity	49,461	50,109	55,189	58,073	57,871	55,424
Minority Interest	1,089	1,003	910	764	2,822	2,914
Shareholders' Equity	50,550	51,112	56,099	58,837	60,693	58,338
Total Liabilities & Equity	108,396	105,960	109,887	108,915	97,801	105,105
Total Debt	1	3	6	9	16	58
Net Cash (Debt)	30,995	35,687	47,069	48,134	44,655	52,596
Net Cash Growth	-32.32%	-24.18%	-2.21%	7.79%	-15.10%	-
Net Cash Per Share	729.81	818.36	1040.89	1067.04	1008.29	1221.97
Filing Date Shares Outstanding	42.5	42.38	45.25	45.15	45.03	44.92
Total Common Shares Outstanding	42.5	42.38	45.25	45.15	45.03	41.42
Working Capital	22,599	24,940	34,876	38,113	39,875	39,578
Book Value Per Share	1163.70	1182.32	1219.57	1286.27	1285.17	1338.22
Tangible Book Value	44,000	47,449	53,022	54,568	53,715	51,560
Tangible Book Value Per Share	1035.21	1119.56	1171.68	1208.63	1192.87	1244.93

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