West Holdings Balance Sheet

Financials in millions JPY. Fiscal year is September - August.

Millions JPY. Fiscal year is Sep - Aug.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021
Cash & Equivalents	30,463	35,564	27,676	46,150	27,597	35,937
Cash & Short-Term Investments	30,463	35,564	27,676	46,150	27,597	35,937
Cash Growth	6.87%	28.50%	-40.03%	67.23%	-23.21%	15.93%
Receivables	28,139	30,317	26,626	15,804	15,921	20,355
Inventory	16,326	15,293	13,596	14,633	16,894	20,643
Other Current Assets	9,218	7,996	8,620	7,386	4,610	2,615
Total Current Assets	84,146	89,170	76,518	83,973	65,022	79,550
Property, Plant & Equipment	44,486	44,766	40,834	30,841	28,494	15,086
Long-Term Investments	6,356	6,209	5,258	3,173	2,161	1,682
Goodwill	4,748	4,827	-	-	-	-
Other Intangible Assets	270	295	806	4,174	4,290	353
Long-Term Deferred Tax Assets	1,830	1,787	1,572	1,414	1,363	497
Other Long-Term Assets	2	1	1	2	2	1
Total Assets	143,392	148,546	125,897	123,802	101,418	97,278
Accounts Payable	2,358	4,916	4,417	3,683	4,809	8,156
Short-Term Debt	25,341	23,963	18,612	17,866	15,031	20,725
Current Portion of Long-Term Debt	-	50	120	140	140	190
Current Income Taxes Payable	48	923	2,742	319	444	2,083
Other Current Liabilities	10,326	9,814	8,616	8,874	8,241	6,864
Total Current Liabilities	38,073	39,666	34,507	30,882	28,665	38,018
Long-Term Debt	69,048	70,108	56,603	60,248	43,894	32,859
Long-Term Deferred Tax Liabilities	17	-	-	-	13	37
Other Long-Term Liabilities	2,368	2,236	1,389	1,270	1,294	1,033
Total Liabilities	109,506	112,010	92,499	92,400	73,866	71,947
Common Stock	2,020	2,020	2,020	2,020	2,020	2,020
Additional Paid-In Capital	807	802	781	756	734	728
Retained Earnings	36,342	39,130	36,350	31,830	28,049	25,824
Treasury Stock	-6,063	-6,062	-6,062	-3,270	-3,255	-3,216
Comprehensive Income & Other	460	333	141	51	-11	-40
Total Common Equity	33,566	36,223	33,230	31,387	27,537	25,316
Minority Interest	320	313	168	15	15	15
Shareholders' Equity	33,886	36,536	33,398	31,402	27,552	25,331
Total Liabilities & Equity	143,392	148,546	125,897	123,802	101,418	97,278
Total Debt	94,389	94,121	75,335	78,254	59,065	53,774
Net Cash (Debt)	-63,926	-58,557	-47,659	-32,104	-31,468	-17,837
Net Cash Per Share	-1611.90	-1476.51	-1180.96	-789.53	-773.89	-438.54
Filing Date Shares Outstanding	39.66	39.66	39.66	40.66	40.66	40.66
Total Common Shares Outstanding	39.66	39.66	39.66	40.66	40.66	40.66
Working Capital	46,073	49,504	42,011	53,091	36,357	41,532
Book Value Per Share	846.36	913.36	837.88	771.93	677.18	622.66
Tangible Book Value	28,548	31,101	32,424	27,213	23,247	24,963
Tangible Book Value Per Share	719.83	784.21	817.56	669.28	571.68	613.98
Order Backlog	-	2,597	5,615	9,085	11,599	17,427

Updated Nov 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.