Nippon Aqua 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	2,415	2,263	2,033	2,676	1,926
Cash & Short-Term Investments	2,415	2,263	2,033	2,676	1,926
Cash Growth	6.72%	11.31%	-24.03%	38.94%	16.66%
Accounts Receivable	9,387	9,259	7,470	6,873	6,913
Other Receivables	5,032	4,853	3,648	4,351	3,686
Receivables	14,419	14,112	11,118	11,224	10,599
Inventory	2,890	2,222	2,209	3,121	951
Prepaid Expenses	248	162	63	60	52
Other Current Assets	43	60	49	55	63
Total Current Assets	20,015	18,819	15,472	17,136	13,591
Property, Plant & Equipment	4,480	4,271	4,367	4,346	4,263
Long-Term Investments	881	655	219	154	135
Other Intangible Assets	88	79	85	96	111
Long-Term Deferred Tax Assets	306	207	246	234	176
Other Long-Term Assets	1	2	2	-	1
Total Assets	25,810	24,071	20,392	21,969	18,279
Accounts Payable	7,529	7,557	6,454	6,273	6,056
Accrued Expenses	337	316	241	189	208
Short-Term Debt	4,800	4,500	2,400	6,000	3,100
Current Portion of Long-Term Debt	-	-	-	33	33
Current Portion of Leases	12	13	20	32	37
Current Income Taxes Payable	1,189	799	1,689	1,237	560
Other Current Liabilities	223	230	123	138	172
Total Current Liabilities	14,090	13,415	10,927	13,902	10,166
Long-Term Debt	-	-	-	-	33
Long-Term Leases	-	12	26	48	80
Other Long-Term Liabilities	87	99	135	53	49
Total Liabilities	14,177	13,526	11,088	14,003	10,328
Common Stock	1,903	1,903	1,903	1,903	1,903
Additional Paid-In Capital	2,097	2,015	1,912	1,885	1,885
Retained Earnings	9,168	8,357	7,523	6,270	5,367
Treasury Stock	-1,536	-1,731	-2,035	-2,093	-1,204
Comprehensive Income & Other	1	1	1	1	-
Shareholders' Equity	11,633	10,545	9,304	7,966	7,951
Total Liabilities & Equity	25,810	24,071	20,392	21,969	18,279
Total Debt	4,812	4,525	2,446	6,113	3,283
Net Cash (Debt)	-2,397	-2,262	-413	-3,437	-1,357
Net Cash Per Share	-75.14	-72.00	-13.15	-106.48	-42.00
Filing Date Shares Outstanding	32.21	31.91	31.41	32.18	32.31
Total Common Shares Outstanding	32.21	31.91	31.41	32.18	32.31
Working Capital	5,925	5,404	4,545	3,234	3,425
Book Value Per Share	361.15	330.48	296.23	247.53	246.08
Tangible Book Value	11,545	10,466	9,219	7,870	7,840
Tangible Book Value Per Share	358.42	328.00	293.52	244.55	242.64
Order Backlog	4,389	4,501	4,195	3,182	2,161

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