Maruha Nichiro 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	58,887	49,240	37,944	33,679	24,952	31,579
Cash & Short-Term Investments	58,887	49,240	37,944	33,679	24,952	31,579
Cash Growth	28.86%	29.77%	12.66%	34.98%	-20.98%	44.98%
Receivables	174,963	132,886	138,018	131,359	114,986	102,244
Inventory	239,807	218,005	215,333	216,698	172,691	156,142
Other Current Assets	18,311	14,445	13,690	10,903	11,675	10,546
Total Current Assets	491,968	414,576	404,985	392,639	324,304	300,511
Property, Plant & Equipment	166,313	158,211	152,220	148,995	140,249	147,902
Long-Term Investments	88,651	75,411	78,758	58,076	56,563	57,190
Goodwill	7,762	5,728	7,529	8,868	7,965	7,914
Other Intangible Assets	24,713	25,594	24,530	22,860	14,067	11,997
Long-Term Deferred Tax Assets	-	1,690	3,779	5,788	5,453	7,203
Other Long-Term Assets	2	1	-	1	2	2
Total Assets	779,409	681,211	671,801	637,227	548,603	532,719
Accounts Payable	61,060	44,972	43,734	41,701	36,226	34,270
Accrued Expenses	-	2,283	1,966	1,893	1,508	1,399
Short-Term Debt	187,417	138,069	167,509	174,228	138,467	135,920
Current Income Taxes Payable	-	37,959	44,227	34,583	33,521	31,253
Other Current Liabilities	63,259	13,632	15,533	13,043	11,822	10,642
Total Current Liabilities	311,736	236,915	272,969	265,448	221,544	213,484
Long-Term Debt	144,841	132,842	116,841	126,910	112,136	123,917
Pension & Post-Retirement Benefits	22,587	22,495	21,761	19,091	18,515	19,383
Other Long-Term Liabilities	16,123	13,565	14,751	13,257	8,513	8,939
Total Liabilities	495,287	405,817	426,322	424,706	360,708	365,723
Common Stock	20,000	20,000	20,000	20,000	20,000	20,000
Additional Paid-In Capital	31,337	36,309	36,313	36,634	41,766	41,758
Retained Earnings	153,265	141,324	123,113	107,313	91,611	76,743
Treasury Stock	-482	-542	-556	-308	-87	-83
Comprehensive Income & Other	35,299	32,476	28,258	14,672	6,884	4,415
Total Common Equity	239,419	229,567	207,128	178,311	160,174	142,833
Minority Interest	44,703	45,827	38,351	34,210	27,721	24,163
Shareholders' Equity	284,122	275,394	245,479	212,521	187,895	166,996
Total Liabilities & Equity	779,409	681,211	671,801	637,227	548,603	532,719
Total Debt	332,258	270,911	284,350	301,138	250,603	259,837
Net Cash (Debt)	-273,371	-221,671	-246,406	-267,459	-225,651	-228,258
Net Cash Per Share	-1808.25	-1467.01	-1629.09	-1743.50	-1429.40	-1445.85
Filing Date Shares Outstanding	151.18	151.11	151.09	151.35	157.86	157.87
Total Common Shares Outstanding	151.18	151.11	151.09	151.35	157.86	157.87
Working Capital	180,232	177,661	132,016	127,191	102,760	87,027
Book Value Per Share	1583.67	1519.23	1370.88	1178.12	1014.65	904.77
Tangible Book Value	206,944	198,245	175,069	146,583	138,142	122,922
Tangible Book Value Per Share	1368.86	1311.95	1158.70	968.49	875.08	778.65

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