MDNDF Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	71,422	67,327	65,240	36,362	50,266
Short-Term Investments	2,000	4,000	-	25,000	25,001
Cash & Short-Term Investments	73,422	71,327	65,240	61,362	75,267
Cash Growth	2.94%	9.33%	6.32%	-18.47%	19.96%
Accounts Receivable	26,006	30,365	33,661	19,986	20,548
Other Receivables	175	-	-	693	-
Receivables	26,181	30,365	33,661	20,679	20,548
Inventory	1,511	1,660	1,581	1,428	1,243
Other Current Assets	7,796	8,325	6,431	7,299	5,836
Total Current Assets	108,910	111,677	106,913	90,768	102,894
Property, Plant & Equipment	165,431	149,512	130,108	113,234	103,028
Long-Term Investments	20,020	57,376	55,425	4,056	56
Goodwill	920	640	435	596	518
Other Intangible Assets	10,208	10,210	10,740	10,717	9,379
Long-Term Deferred Tax Assets	9,536	7,669	7,762	8,449	7,558
Other Long-Term Assets	49,439	1	1	49,536	36,671
Total Assets	364,473	337,094	311,393	277,365	260,113
Accounts Payable	748	354	1,694	1,080	983
Accrued Expenses	14,132	10,966	12,026	11,797	12,197
Current Portion of Leases	88	147	224	218	237
Current Income Taxes Payable	12,143	46,779	47,960	5,277	6,856
Current Unearned Revenue	6,750	-	-	5,216	-
Other Current Liabilities	43,480	17,823	15,120	40,238	38,355
Total Current Liabilities	77,341	76,069	77,024	63,826	58,628
Long-Term Leases	68	116	168	262	415
Pension & Post-Retirement Benefits	1,035	1,388	1,562	1,529	1,659
Long-Term Deferred Tax Liabilities	356	326	322	333	292
Other Long-Term Liabilities	5,206	6,150	5,643	4,692	4,898
Total Liabilities	84,006	84,049	84,719	70,642	65,892
Common Stock	24,113	24,113	24,113	24,113	24,113
Additional Paid-In Capital	42,124	42,124	42,124	42,124	42,124
Retained Earnings	218,302	190,936	164,558	144,580	132,179
Treasury Stock	-3	-3	-3	-3	-2
Comprehensive Income & Other	-4,069	-4,125	-4,118	-4,091	-4,193
Total Common Equity	280,467	253,045	226,674	206,723	194,221
Shareholders' Equity	280,467	253,045	226,674	206,723	194,221
Total Liabilities & Equity	364,473	337,094	311,393	277,365	260,113
Total Debt	156	263	392	480	652
Net Cash (Debt)	73,266	71,064	64,848	60,882	74,615
Net Cash Growth	3.10%	9.59%	6.51%	-18.40%	21.46%
Net Cash Per Share	551.04	534.48	487.73	457.90	561.19
Filing Date Shares Outstanding	132.96	132.96	132.96	132.96	132.96
Total Common Shares Outstanding	132.96	132.96	132.96	132.96	132.96
Working Capital	31,569	35,608	29,889	26,942	44,266
Book Value Per Share	2109.43	1903.18	1704.84	1554.79	1460.76
Tangible Book Value	269,339	242,195	215,499	195,410	184,324
Tangible Book Value Per Share	2025.73	1821.58	1620.79	1469.70	1386.32
Land	29,087	-	-	21,498	21,170
Buildings	166,872	-	-	127,341	116,464
Machinery	28,887	-	-	42,485	37,750
Construction In Progress	1,790	-	-	571	359

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.