Kuraray Balance Sheet

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	116,383	118,068	131,144	123,724	151,942	184,319
Short-Term Investments	1,368	3,624	3,478	4,852	3,855	7,924
Cash & Short-Term Investments	117,751	121,692	134,622	128,576	155,797	192,243
Cash Growth	3.98%	-9.61%	4.70%	-17.47%	-18.96%	82.47%
Receivables	156,192	165,630	161,035	156,506	135,325	116,733
Inventory	272,562	256,828	228,027	225,033	157,304	132,628
Other Current Assets	28,179	21,112	28,043	23,818	21,748	19,598
Total Current Assets	574,684	565,262	551,727	533,933	470,174	461,202
Property, Plant & Equipment	546,701	540,385	526,977	512,562	455,266	429,391
Long-Term Investments	24,878	48,207	38,608	36,738	37,416	35,149
Goodwill	51,003	53,591	55,386	56,058	52,635	51,105
Other Intangible Assets	57,080	62,307	65,115	65,426	61,420	59,944
Long-Term Deferred Tax Assets	20,438	21,485	16,530	16,718	13,980	14,652
Other Long-Term Assets	19,169	1	2	1	2	1
Total Assets	1,293,953	1,291,238	1,254,485	1,221,533	1,091,014	1,051,584
Accounts Payable	46,768	59,561	49,124	52,717	49,641	36,161
Accrued Expenses	38,083	31,166	27,009	30,207	27,859	24,701
Short-Term Debt	67,870	23,850	40,014	44,480	34,480	54,509
Current Portion of Long-Term Debt	32,076	28,146	24,698	40,434	55,013	20,000
Current Income Taxes Payable	3,685	10,094	11,033	11,370	13,133	6,621
Other Current Liabilities	37,700	45,414	48,693	42,122	39,338	53,061
Total Current Liabilities	226,182	198,231	200,571	221,330	219,464	195,053
Long-Term Debt	198,659	192,286	217,312	239,491	217,945	266,881
Pension & Post-Retirement Benefits	33,054	31,417	29,487	25,920	26,004	25,824
Long-Term Deferred Tax Liabilities	24,169	24,385	18,754	17,279	12,022	11,218
Other Long-Term Liabilities	67,047	63,131	52,206	48,980	35,978	37,129
Total Liabilities	549,111	509,450	518,330	553,000	511,413	536,105
Common Stock	88,955	88,955	88,955	88,955	88,955	88,955
Additional Paid-In Capital	87,157	87,124	87,146	87,152	87,166	87,178
Retained Earnings	402,169	396,752	426,290	399,910	359,898	336,050
Treasury Stock	-29,516	-1,462	-25,654	-25,735	-15,885	-16,006
Comprehensive Income & Other	179,542	192,912	137,889	96,808	40,264	2,948
Total Common Equity	728,307	764,281	714,626	647,090	560,398	499,125
Minority Interest	16,535	17,507	21,529	21,443	19,203	16,354
Shareholders' Equity	744,842	781,788	736,155	668,533	579,601	515,479
Total Liabilities & Equity	1,293,953	1,291,238	1,254,485	1,221,533	1,091,014	1,051,584
Total Debt	298,605	244,282	282,024	324,405	307,438	341,390
Net Cash (Debt)	-180,854	-122,590	-147,402	-195,829	-151,641	-149,147
Net Cash Per Share	-587.04	-372.00	-440.01	-580.55	-440.45	-433.36
Filing Date Shares Outstanding	308.08	323.87	334.76	334.69	344.01	343.92
Total Common Shares Outstanding	308.08	323.87	334.76	334.69	344.01	343.92
Working Capital	348,502	367,031	351,156	312,603	250,710	266,149
Book Value Per Share	2364.04	2359.86	2134.76	1933.39	1629.04	1451.27
Tangible Book Value	620,224	648,383	594,125	525,606	446,343	388,076
Tangible Book Value Per Share	2013.21	2002.00	1774.80	1570.41	1297.49	1128.38

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