Daido Steel 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	56,641	61,218	46,008	58,224	58,142	67,314
Cash & Short-Term Investments	56,641	61,218	46,008	58,224	58,142	67,314
Cash Growth	10.17%	33.06%	-20.98%	0.14%	-13.63%	13.02%
Receivables	175,271	147,433	170,907	158,603	149,769	125,820
Inventory	193,386	195,483	186,717	201,523	174,624	118,532
Other Current Assets	9,263	12,865	11,802	9,768	9,151	7,698
Total Current Assets	434,561	416,999	415,434	428,118	391,686	319,364
Property, Plant & Equipment	254,748	240,831	225,670	220,248	223,701	231,846
Long-Term Investments	21,838	115,353	139,048	119,065	105,896	109,057
Other Intangible Assets	7,680	6,559	4,958	4,530	3,776	2,721
Long-Term Deferred Tax Assets	3,026	3,227	3,619	1,889	3,126	2,517
Other Long-Term Assets	93,404	5	5	1	2	1
Total Assets	815,257	782,974	788,734	773,851	728,187	665,506
Accounts Payable	68,928	67,998	72,275	60,080	65,168	65,589
Accrued Expenses	-	-	-	8,249	7,977	6,676
Short-Term Debt	-	44,134	32,909	119,309	131,562	80,141
Current Portion of Long-Term Debt	69,026	28,068	16,788	-	-	10,000
Current Portion of Leases	1,805	1,933	1,681	-	-	-
Current Income Taxes Payable	1,984	7,936	15,237	6,390	10,157	1,957
Other Current Liabilities	27,500	32,190	31,768	21,198	15,240	17,082
Total Current Liabilities	184,072	182,259	170,658	215,226	230,104	181,445
Long-Term Debt	104,353	98,633	121,390	114,980	94,911	107,223
Long-Term Leases	4,098	4,077	3,464	-	-	-
Pension & Post-Retirement Benefits	12,448	12,103	13,393	13,620	14,148	13,293
Long-Term Deferred Tax Liabilities	14,449	11,355	17,102	15,936	15,187	16,118
Other Long-Term Liabilities	6,458	5,404	5,415	8,612	8,835	8,074
Total Liabilities	325,878	313,831	331,422	368,374	363,185	326,153
Common Stock	37,172	37,172	37,172	37,172	37,172	37,172
Additional Paid-In Capital	31,702	31,438	31,411	31,231	31,228	30,427
Retained Earnings	349,876	332,888	312,243	266,353	238,443	216,357
Treasury Stock	-18,610	-12,078	-3,674	-3,668	-3,663	-3,660
Comprehensive Income & Other	48,206	39,858	41,410	37,629	26,532	22,847
Total Common Equity	448,346	429,278	418,562	368,717	329,712	303,143
Minority Interest	41,033	39,865	38,750	36,760	35,290	36,210
Shareholders' Equity	489,379	469,143	457,312	405,477	365,002	339,353
Total Liabilities & Equity	815,257	782,974	788,734	773,851	728,187	665,506
Total Debt	179,282	176,845	176,232	234,289	226,473	197,364
Net Cash (Debt)	-122,641	-115,627	-130,224	-176,065	-168,331	-130,050
Net Cash Per Share	-603.76	-549.36	-610.93	-826.09	-789.80	-610.18
Filing Date Shares Outstanding	199.85	205.67	213.18	213.13	213.13	213.14
Total Common Shares Outstanding	199.85	205.67	213.18	213.13	213.13	213.14
Working Capital	250,489	234,740	244,776	212,892	161,582	137,919
Book Value Per Share	2243.37	2087.21	1963.39	1730.02	1546.98	1422.29
Tangible Book Value	440,666	422,719	413,604	364,187	325,936	300,422
Tangible Book Value Per Share	2204.94	2055.31	1940.13	1708.77	1529.26	1409.53

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