Heiwa 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	62,514	77,799	33,865	36,816	42,250	40,307
Short-Term Investments	15,192	14,448	23,848	30,900	24,801	29,776
Cash & Short-Term Investments	77,706	92,247	57,713	67,716	67,051	70,083
Cash Growth	34.55%	59.84%	-14.77%	0.99%	-4.33%	-15.86%
Accounts Receivable	13,868	13,301	11,225	8,095	8,369	8,973
Receivables	13,868	13,301	11,225	8,095	8,369	8,973
Inventory	20,499	19,707	17,525	13,464	9,710	9,936
Other Current Assets	11,974	12,552	10,943	7,347	7,698	12,192
Total Current Assets	124,047	137,807	97,406	96,622	92,828	101,184
Property, Plant & Equipment	746,698	615,521	299,634	293,667	292,451	293,431
Long-Term Investments	27,448	16,957	13,447	15,614	13,120	15,830
Goodwill	143,291	266,252	5,705	5,622	5,748	5,947
Other Intangible Assets	54,203	4,874	3,892	4,152	4,494	4,569
Long-Term Deferred Tax Assets	-	10,185	7,944	8,048	8,422	9,106
Other Long-Term Assets	2	2	1	2	2	1
Total Assets	1,095,689	1,051,598	428,029	423,727	417,066	430,070
Accounts Payable	8,092	8,483	11,113	12,041	10,928	10,740
Accrued Expenses	-	2,689	779	828	540	587
Current Portion of Long-Term Debt	38,205	44,433	10,423	31,419	29,543	37,301
Current Income Taxes Payable	6,444	11,145	5,751	3,812	3,639	2,206
Other Current Liabilities	41,770	44,661	22,912	21,359	22,607	16,030
Total Current Liabilities	94,511	111,411	50,978	69,459	67,257	66,864
Long-Term Debt	583,627	583,992	94,276	75,352	83,103	84,153
Pension & Post-Retirement Benefits	5,410	5,425	5,291	5,540	5,278	5,318
Long-Term Deferred Tax Liabilities	-	45,706	12,488	14,860	15,212	16,696
Other Long-Term Liabilities	161,539	60,750	25,811	27,511	29,029	30,797
Total Liabilities	845,087	807,284	188,844	192,722	199,879	203,828
Common Stock	16,755	16,755	16,755	16,755	16,755	16,755
Additional Paid-In Capital	54,864	54,864	54,864	54,863	54,863	54,863
Retained Earnings	179,475	173,612	168,438	159,717	146,922	155,594
Treasury Stock	-1,357	-1,357	-1,356	-1,354	-1,346	-1,343
Comprehensive Income & Other	649	243	484	1,024	-7	373
Total Common Equity	250,386	244,117	239,185	231,005	217,187	226,242
Minority Interest	216	197	-	-	-	-
Shareholders' Equity	250,602	244,314	239,185	231,005	217,187	226,242
Total Liabilities & Equity	1,095,689	1,051,598	428,029	423,727	417,066	430,070
Total Debt	621,832	628,425	104,699	106,771	112,646	121,454
Net Cash (Debt)	-544,126	-536,178	-46,986	-39,055	-45,595	-51,371
Net Cash Per Share	-5516.99	-5436.40	-476.40	-395.97	-462.27	-520.82
Filing Date Shares Outstanding	98.63	98.63	98.63	98.63	98.63	98.63
Total Common Shares Outstanding	98.63	98.63	98.63	98.63	98.63	98.63
Working Capital	29,536	26,396	46,428	27,163	25,571	34,320
Book Value Per Share	2538.71	2475.15	2425.13	2342.17	2202.00	2293.77
Tangible Book Value	52,892	-27,009	229,588	221,231	206,945	215,726
Tangible Book Value Per Share	536.28	-273.85	2327.83	2243.07	2098.16	2187.15
Order Backlog	-	5,482	2,779	6,438	3,820	3,829

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