TOPPAN Holdings 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	373,452	768,989	489,939	431,722	437,951	513,972
Short-Term Investments	2,500	9,600	68,089	73,199	26,702	29,418
Cash & Short-Term Investments	375,952	778,589	558,028	504,921	464,653	543,390
Cash Growth	-10.57%	39.52%	10.52%	8.67%	-14.49%	48.46%
Receivables	442,140	432,603	435,569	419,347	423,713	390,332
Inventory	184,806	140,627	148,302	142,330	124,457	103,570
Other Current Assets	83,690	55,086	54,743	39,484	37,911	29,702
Total Current Assets	1,086,588	1,406,905	1,196,642	1,106,082	1,050,734	1,066,994
Property, Plant & Equipment	618,519	620,999	623,514	597,301	580,255	571,778
Long-Term Investments	373,065	348,817	481,962	419,419	544,808	649,165
Goodwill	201,065	22,363	23,942	22,931	27,478	-
Other Intangible Assets	85,168	64,898	67,155	62,419	56,022	48,181
Long-Term Deferred Tax Assets	-	43,180	38,113	29,453	27,561	25,820
Other Long-Term Assets	91,140	2	1	1	2	2
Total Assets	2,455,545	2,515,087	2,432,887	2,238,817	2,288,188	2,363,503
Accounts Payable	177,168	178,688	205,762	247,370	248,185	235,538
Accrued Expenses	17,795	30,986	28,546	27,026	27,634	24,865
Short-Term Debt	154,460	312,764	19,041	27,140	15,299	30,588
Current Portion of Long-Term Debt	17,682	27,160	36,447	12,398	50,468	10,074
Current Income Taxes Payable	7,325	71,222	26,729	12,345	28,994	26,487
Other Current Liabilities	202,999	202,064	227,702	141,115	125,514	108,940
Total Current Liabilities	577,429	822,884	544,227	467,394	496,094	436,492
Long-Term Debt	321,281	127,672	152,967	184,243	188,309	283,581
Pension & Post-Retirement Benefits	51,323	54,147	53,199	55,601	51,317	50,412
Long-Term Deferred Tax Liabilities	-	36,494	79,257	58,946	100,141	123,977
Other Long-Term Liabilities	119,811	55,283	35,931	20,465	15,121	15,878
Total Liabilities	1,069,844	1,096,480	865,581	786,649	850,982	910,340
Common Stock	104,986	104,986	104,986	104,986	104,986	104,986
Additional Paid-In Capital	119,211	119,984	121,069	120,774	125,530	126,793
Retained Earnings	984,109	1,046,962	1,005,129	987,986	941,169	832,978
Treasury Stock	-41,253	-114,304	-46,207	-43,360	-26,469	-10,886
Comprehensive Income & Other	147,087	135,930	231,801	154,731	220,764	269,850
Total Common Equity	1,314,140	1,293,558	1,416,778	1,325,117	1,365,980	1,323,721
Minority Interest	71,561	125,049	150,528	127,051	71,226	129,442
Shareholders' Equity	1,385,701	1,418,607	1,567,306	1,452,168	1,437,206	1,453,163
Total Liabilities & Equity	2,455,545	2,515,087	2,432,887	2,238,817	2,288,188	2,363,503
Total Debt	493,423	467,596	208,455	223,781	254,076	324,243
Net Cash (Debt)	-117,471	310,993	349,573	281,140	210,577	219,147
Net Cash Growth	-	-11.04%	24.34%	33.51%	-3.91%	90.44%
Net Cash Per Share	-415.53	1030.22	1088.13	854.82	624.32	633.83
Filing Date Shares Outstanding	282.7	290.51	313.65	326.4	331.45	342.04
Total Common Shares Outstanding	282.7	289.29	313.65	326.4	334.02	342.04
Working Capital	509,159	584,021	652,415	638,688	554,640	630,502
Book Value Per Share	4648.51	4471.45	4517.00	4059.82	4089.58	3870.13
Tangible Book Value	1,027,907	1,206,297	1,325,681	1,239,767	1,282,480	1,275,540
Tangible Book Value Per Share	3636.01	4169.82	4226.56	3798.33	3839.59	3729.26
Order Backlog	-	406,257	362,331	327,751	173,670	160,432

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