Nihon M&A Center 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	37,492	39,211	37,439	45,575	47,303	42,863
Cash & Short-Term Investments	37,492	39,211	37,439	45,575	47,303	42,863
Cash Growth	15.06%	4.73%	-17.85%	-3.65%	10.36%	86.53%
Receivables	840	2,633	2,577	2,990	1,460	3,049
Prepaid Expenses	539	570	517	474	419	330
Other Current Assets	2,187	152	1,853	3,959	793	91
Total Current Assets	41,058	42,566	42,386	52,998	49,975	46,333
Property, Plant & Equipment	553	449	511	586	575	532
Long-Term Investments	18,185	17,311	15,176	11,225	7,631	6,443
Other Intangible Assets	126	133	173	298	230	186
Long-Term Deferred Tax Assets	88	240	392	656	505	613
Other Long-Term Assets	1	2	2	2	3	3
Total Assets	60,011	61,786	58,640	65,765	58,919	54,110
Accounts Payable	947	1,088	925	879	561	550
Accrued Expenses	1,598	2,526	2,318	2,040	2,283	2,708
Current Portion of Long-Term Debt	1,900	1,400	1,400	-	-	500
Current Income Taxes Payable	2,472	3,353	2,704	4,682	2,168	3,350
Other Current Liabilities	2,403	1,529	2,138	3,077	2,519	1,920
Total Current Liabilities	9,320	9,896	9,485	10,678	7,531	9,028
Long-Term Debt	2,100	4,000	4,900	-	-	-
Long-Term Deferred Tax Liabilities	164	131	112	-	-	-
Other Long-Term Liabilities	172	170	172	369	364	394
Total Liabilities	11,756	14,197	14,669	11,047	7,895	9,422
Common Stock	4,045	4,045	4,045	4,045	3,785	3,780
Additional Paid-In Capital	3,884	3,908	3,993	3,908	3,648	3,643
Retained Earnings	57,764	56,944	54,158	51,052	47,822	41,839
Treasury Stock	-18,808	-18,903	-18,963	-4,963	-4,962	-4,962
Comprehensive Income & Other	921	1,180	675	402	465	173
Total Common Equity	47,806	47,174	43,908	54,444	50,758	44,473
Minority Interest	449	415	63	274	266	215
Shareholders' Equity	48,255	47,589	43,971	54,718	51,024	44,688
Total Liabilities & Equity	60,011	61,786	58,640	65,765	58,919	54,110
Total Debt	4,000	5,400	6,300	-	-	500
Net Cash (Debt)	33,492	33,811	31,139	45,575	47,303	42,363
Net Cash Growth	23.20%	8.58%	-31.67%	-3.65%	11.66%	97.23%
Net Cash Per Share	105.56	106.59	95.91	137.56	141.55	127.43
Filing Date Shares Outstanding	317.32	317.23	317.16	324.18	330.55	330.53
Total Common Shares Outstanding	317.32	317.23	317.16	330.93	330.55	661.06
Working Capital	31,738	32,670	32,901	42,320	42,444	37,305
Book Value Per Share	150.65	148.71	138.44	164.52	153.56	67.27
Tangible Book Value	47,680	47,041	43,735	54,146	50,528	44,287
Tangible Book Value Per Share	150.26	148.29	137.89	163.62	152.86	66.99

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