Honma Golf Balance Sheet

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	18,159	17,350	16,617	14,085	14,455
Cash & Short-Term Investments	18,159	17,350	16,617	14,085	14,455
Cash Growth	4.66%	4.41%	17.98%	-2.56%	34.19%
Accounts Receivable	3,830	3,816	4,147	3,606	5,330
Other Receivables	239.45	131.47	109.23	36.99	65.43
Receivables	4,070	3,947	4,257	3,643	5,396
Inventory	7,309	6,883	10,179	12,297	11,495
Prepaid Expenses	2,307	163.69	151.5	152.5	164.46
Other Current Assets	10.44	1,445	2,446	1,982	1,785
Total Current Assets	31,855	29,789	33,651	32,159	33,295
Property, Plant & Equipment	6,024	6,472	6,361	5,504	5,548
Long-Term Investments	-	26.51	10.91	16.54	13.75
Other Intangible Assets	80.89	98.83	89.91	128.38	119.61
Long-Term Accounts Receivable	14.7	92.79	173.8	245.88	308.5
Long-Term Deferred Tax Assets	1,572	2,408	1,337	1,405	1,294
Other Long-Term Assets	1,641	1,221	922.21	908.93	849.62
Total Assets	41,188	40,109	42,545	40,367	41,427
Accounts Payable	1,634	1,067	1,050	1,302	2,395
Accrued Expenses	-	483.5	575.69	494.64	664.09
Current Portion of Long-Term Debt	5,725	6,025	6,411	6,690	7,100
Current Portion of Leases	1,055	1,181	1,358	1,111	817.13
Current Income Taxes Payable	308.57	278.78	266.85	296.47	762.29
Current Unearned Revenue	-	412.51	605.56	818.53	617.8
Other Current Liabilities	2,257	1,206	1,415	1,422	1,175
Total Current Liabilities	10,980	10,654	11,683	12,135	13,532
Long-Term Debt	409.38	494.1	578.82	600	600
Long-Term Leases	1,075	1,138	1,419	1,042	1,147
Pension & Post-Retirement Benefits	-	-	-	349.3	465.02
Long-Term Deferred Tax Liabilities	6.59	10.06	84.33	112.12	223.22
Other Long-Term Liabilities	133.52	132.05	107.68	98.1	108.31
Total Liabilities	12,604	12,429	13,873	14,336	16,075
Common Stock	0.15	0.15	0.15	0.15	0.15
Additional Paid-In Capital	-	16,584	16,584	16,584	16,584
Retained Earnings	-	11,765	12,912	9,687	8,537
Comprehensive Income & Other	28,629	-623.48	-778.71	-194.27	277.46
Total Common Equity	28,629	27,726	28,718	26,076	25,398
Minority Interest	-45.29	-45.4	-45.46	-45.53	-45.64
Shareholders' Equity	28,584	27,680	28,672	26,031	25,353
Total Liabilities & Equity	41,188	40,109	42,545	40,367	41,427
Total Debt	8,264	8,839	9,767	9,443	9,664
Net Cash (Debt)	9,895	8,511	6,850	4,642	4,791
Net Cash Growth	16.26%	24.26%	47.57%	-3.11%	1848.08%
Net Cash Per Share	16.34	14.05	11.31	7.66	7.91
Filing Date Shares Outstanding	605.64	605.64	605.64	605.64	605.64
Total Common Shares Outstanding	605.64	605.64	605.64	605.64	605.64
Working Capital	20,875	19,135	21,968	20,024	19,763
Book Value Per Share	47.27	45.78	47.42	43.06	41.94
Tangible Book Value	28,548	27,627	28,628	25,948	25,279
Tangible Book Value Per Share	47.14	45.62	47.27	42.84	41.74
Land	1,941	1,941	1,941	1,941	1,941
Buildings	6,421	6,425	6,368	6,367	6,531
Machinery	3,938	3,955	3,762	3,836	3,965
Construction In Progress	5.45	5.3	214.37	4.53	0.4
Leasehold Improvements	3,366	3,323	2,606	2,139	2,120