Hikari Tsushin 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	388,538	470,273	494,850	389,366	338,249	324,530
Cash & Short-Term Investments	388,538	470,273	494,850	389,366	338,249	324,530
Cash Growth	-9.78%	-4.97%	27.09%	15.11%	4.23%	19.23%
Accounts Receivable	386,088	332,327	274,622	285,435	252,435	222,741
Other Receivables	-	17,707	2,451	15,834	13,109	5,713
Receivables	386,088	350,034	277,073	301,269	265,544	228,454
Inventory	2,370	2,356	2,290	2,927	1,771	1,760
Prepaid Expenses	-	1,788	1,263	1,548	6,321	4,658
Other Current Assets	75,725	24,429	65,334	32,729	16,500	19,186
Total Current Assets	852,721	848,880	840,810	727,839	628,385	578,588
Property, Plant & Equipment	46,384	44,211	39,990	37,510	37,951	33,946
Long-Term Investments	306,448	1,444,461	1,167,274	885,578	728,929	592,559
Goodwill	18,640	18,798	17,510	19,357	27,481	30,125
Other Intangible Assets	6,788	6,696	5,821	6,694	10,093	11,459
Long-Term Deferred Tax Assets	7,615	7,974	7,546	14,964	17,610	10,163
Other Long-Term Assets	1,412,709	6	5	7	4	4
Total Assets	2,716,600	2,371,026	2,078,956	1,691,949	1,450,453	1,256,844
Accounts Payable	255,840	284,742	235,119	218,555	212,807	205,198
Accrued Expenses	-	1,517	1,109	1,038	1,229	1,393
Short-Term Debt	-	8,621	13,138	16,352	15,275	28,482
Current Portion of Long-Term Debt	188,699	168,251	140,244	122,165	82,415	99,019
Current Portion of Leases	-	3,002	3,001	4,892	4,938	5,153
Current Income Taxes Payable	27,008	23,629	26,554	12,725	7,125	10,653
Other Current Liabilities	19,322	15,421	18,525	42,695	32,624	24,727
Total Current Liabilities	490,869	505,183	437,690	418,422	356,413	374,625
Long-Term Debt	840,671	746,778	659,413	570,980	498,982	371,547
Long-Term Leases	-	7,665	6,694	7,383	11,007	9,928
Pension & Post-Retirement Benefits	-	-	-	115	368	502
Long-Term Deferred Tax Liabilities	206,762	151,987	131,870	76,501	66,212	55,154
Other Long-Term Liabilities	15,602	15,845	24,040	20,237	19,380	16,058
Total Liabilities	1,553,904	1,427,458	1,259,707	1,093,638	952,362	827,814
Common Stock	54,259	54,259	54,259	54,259	54,259	54,259
Additional Paid-In Capital	1,604	984	-	777	1,609	4,880
Retained Earnings	1,061,034	863,716	748,760	520,879	417,824	342,591
Treasury Stock	-2,491	-10,864	-18,365	-5,792	-6,508	-7,873
Comprehensive Income & Other	17,540	6,673	5,824	886	208	-413
Total Common Equity	1,131,946	914,768	790,478	571,009	467,392	393,444
Minority Interest	30,750	28,800	28,771	27,302	30,699	35,586
Shareholders' Equity	1,162,696	943,568	819,249	598,311	498,091	429,030
Total Liabilities & Equity	2,716,600	2,371,026	2,078,956	1,691,949	1,450,453	1,256,844
Total Debt	1,029,370	934,317	822,490	721,772	612,617	514,129
Net Cash (Debt)	-640,832	-464,044	-327,640	-332,406	-274,368	-189,599
Net Cash Per Share	-14601.38	-10542.86	-7377.12	-7414.81	-6039.22	-4126.65
Filing Date Shares Outstanding	43.91	43.88	44.14	44.64	44.81	45.88
Total Common Shares Outstanding	43.91	43.88	44.14	44.7	45.15	45.88
Working Capital	361,852	343,697	403,120	309,417	271,972	203,963
Book Value Per Share	25780.42	20845.16	17906.66	12772.99	10351.48	8574.92
Tangible Book Value	1,106,518	889,274	767,147	544,958	429,818	351,860
Tangible Book Value Per Share	25201.29	20264.21	17378.15	12190.25	9519.32	7668.62

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