TRIAL Holdings Balance Sheet

Financials in millions JPY. Fiscal year is July - June.

Millions JPY. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Cash & Equivalents	116,403	72,325	91,947	23,898	27,432	3
Cash & Short-Term Investments	116,403	72,325	91,947	23,898	27,432	3
Cash Growth	19.15%	-21.34%	284.75%	-12.88%	914300.00%	-
Receivables	20,856	3,300	1,170	973	1,012	-
Inventory	89,503	56,612	46,440	46,388	40,279	-
Other Current Assets	30,996	10,935	12,743	10,855	7,642	7,325
Total Current Assets	257,758	143,172	152,300	82,114	76,365	7,328
Property, Plant & Equipment	227,120	136,549	113,694	102,999	94,953	451
Long-Term Investments	47,414	13,990	12,872	10,925	10,063	-
Other Intangible Assets	11,723	2,762	1,879	2,682	2,315	10
Long-Term Deferred Tax Assets	7,575	3,809	2,880	1,917	2,033	-
Other Long-Term Assets	1	1	2	2	1	22,879
Total Assets	850,466	300,283	283,627	200,639	185,730	30,668
Accounts Payable	217,274	82,640	101,838	71,852	66,428	-
Accrued Expenses	3,104	816	732	468	470	-
Short-Term Debt	367,400	26,500	-	-	-	-
Current Portion of Long-Term Debt	2,832	3,027	3,949	4,426	4,708	-
Current Income Taxes Payable	25,774	16,242	15,746	11,437	10,305	-
Other Current Liabilities	39,611	21,839	20,745	19,483	15,135	1,532
Total Current Liabilities	655,995	151,064	143,010	107,666	97,046	1,532
Long-Term Debt	18,747	9,031	12,195	15,164	19,638	-
Other Long-Term Liabilities	44,003	11,161	10,236	9,790	9,341	20
Total Liabilities	718,745	171,256	165,441	132,620	126,025	1,552
Common Stock	19,893	19,812	19,777	100	100	29,116
Additional Paid-In Capital	23,698	23,612	23,242	3,568	3,568	-
Retained Earnings	83,976	81,875	71,952	61,778	53,693	-
Treasury Stock	-100	-105	-529	-529	-169	-
Comprehensive Income & Other	1,081	930	1,241	968	767	-
Total Common Equity	128,548	126,124	115,683	65,885	57,959	29,116
Minority Interest	3,173	2,903	2,503	2,134	1,746	-
Shareholders' Equity	131,721	129,027	118,186	68,019	59,705	29,116
Total Liabilities & Equity	850,466	300,283	283,627	200,639	185,730	30,668
Total Debt	388,979	38,558	16,144	19,590	24,346	-
Net Cash (Debt)	-272,576	33,767	75,803	4,308	3,086	3
Net Cash Growth	-	-55.45%	1659.59%	39.60%	102766.67%	-
Net Cash Per Share	-2215.13	274.46	720.90	44.17	31.77	-
Filing Date Shares Outstanding	122.35	122.3	121.95	97.32	97.53	-
Total Common Shares Outstanding	122.35	122.3	121.95	97.32	97.53	-
Working Capital	-398,237	-7,892	9,290	-25,552	-20,681	-
Book Value Per Share	1050.63	1031.28	948.63	677.00	594.28	-
Tangible Book Value	-182,050	123,362	113,804	63,203	55,644	-
Tangible Book Value Per Share	-1487.90	1008.70	933.22	649.44	570.54	-

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