Otsuka 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	216,945	228,096	228,652	202,248	204,661	178,032
Short-Term Investments	-	40	40	40	40	40
Cash & Short-Term Investments	216,945	228,136	228,692	202,288	204,701	178,072
Cash Growth	-3.60%	-0.24%	13.05%	-1.18%	14.95%	1.51%
Receivables	222,180	200,805	155,176	152,322	135,711	144,933
Inventory	62,883	74,418	38,236	44,830	35,027	44,196
Other Current Assets	76,926	65,484	37,690	35,673	25,595	24,322
Total Current Assets	578,934	568,843	459,794	435,113	401,034	391,523
Property, Plant & Equipment	36,156	34,912	34,674	35,835	37,710	36,229
Long-Term Investments	25,217	22,815	26,306	22,678	22,366	16,895
Other Intangible Assets	27,927	20,283	16,065	15,770	15,830	15,131
Long-Term Deferred Tax Assets	-	12,245	10,474	9,692	5,336	7,087
Other Long-Term Assets	28,024	14,805	14,492	3,928	3,978	4,427
Total Assets	696,258	673,903	561,805	523,016	486,254	471,292
Accounts Payable	157,486	162,266	105,485	99,517	91,938	96,437
Accrued Expenses	14,708	5,261	4,480	3,885	3,806	3,844
Short-Term Debt	4,300	4,300	4,400	4,400	4,800	4,800
Current Portion of Long-Term Debt	-	-	-	1,700	-	-
Current Portion of Leases	-	666	883	927	865	875
Current Income Taxes Payable	10,884	13,790	9,495	9,077	8,769	9,367
Current Unearned Revenue	-	17,762	16,443	16,139	-	-
Other Current Liabilities	122,910	85,647	62,077	55,038	60,104	61,516
Total Current Liabilities	310,288	289,692	203,263	190,683	170,282	176,839
Long-Term Debt	1,700	1,700	1,700	-	1,700	1,700
Long-Term Leases	-	861	1,204	1,413	1,485	1,519
Pension & Post-Retirement Benefits	4,702	5,308	7,605	7,081	9,908	10,098
Other Long-Term Liabilities	2,368	1,099	1,084	1,109	1,107	1,103
Total Liabilities	319,058	298,660	214,856	200,286	184,482	191,259
Common Stock	10,374	10,374	10,374	10,374	10,374	10,374
Additional Paid-In Capital	16,254	16,254	16,254	16,254	16,254	16,254
Retained Earnings	338,554	339,422	311,537	288,660	272,834	254,997
Treasury Stock	-143	-143	-141	-140	-139	-139
Comprehensive Income & Other	7,316	4,889	5,087	4,239	-581	-4,140
Total Common Equity	372,355	370,796	343,111	319,387	298,742	277,346
Minority Interest	4,845	4,447	3,838	3,343	3,030	2,687
Shareholders' Equity	377,200	375,243	346,949	322,730	301,772	280,033
Total Liabilities & Equity	696,258	673,903	561,805	523,016	486,254	471,292
Total Debt	6,000	7,527	8,187	8,440	8,850	8,894
Net Cash (Debt)	210,945	220,609	220,505	193,848	195,851	169,178
Net Cash Growth	-3.70%	0.05%	13.75%	-1.02%	15.77%	1.54%
Net Cash Per Share	556.29	581.77	581.50	511.20	516.48	446.14
Filing Date Shares Outstanding	379.2	379.2	379.2	379.2	379.2	379.2
Total Common Shares Outstanding	379.2	379.2	379.2	379.2	379.2	379.2
Working Capital	268,646	279,151	256,531	244,430	230,752	214,684
Book Value Per Share	981.95	977.83	904.83	842.26	787.82	731.39
Tangible Book Value	344,428	350,513	327,046	303,617	282,912	262,215
Tangible Book Value Per Share	908.30	924.35	862.46	800.67	746.07	691.49
Land	-	14,448	14,448	14,797	15,092	15,345
Buildings	-	50,418	49,925	52,879	52,827	59,177

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