Masaru Balance Sheet

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

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	3,036	3,364	2,349	1,868	1,802	2,215
Cash & Short-Term Investments	3,036	3,364	2,349	1,868	1,802	2,215
Cash Growth	45.82%	43.21%	25.75%	3.66%	-18.65%	-7.13%
Receivables	875	1,576	1,651	1,838	1,115	1,562
Inventory	1,328	872	1,155	1,099	1,084	1,733
Other Current Assets	1,159	742	955	1,104	1,042	202
Total Current Assets	6,398	6,554	6,110	5,909	5,043	5,712
Property, Plant & Equipment	1,203	1,207	1,196	1,044	1,062	1,159
Long-Term Investments	586	551	533	466	353	413
Goodwill	306	328	415	-	-	-
Other Intangible Assets	10	11	8	12	22	31
Long-Term Deferred Tax Assets	167	154	130	107	55	89
Other Long-Term Assets	1	1	2	2	1	2
Total Assets	8,671	8,806	8,394	7,540	6,544	7,416
Accounts Payable	812	790	988	1,021	875	862
Accrued Expenses	58	323	229	208	104	168
Short-Term Debt	100	-	-	-	-	25
Current Portion of Long-Term Debt	331	372	317	213	192	369
Current Portion of Leases	-	5	2	1	1	1
Current Income Taxes Payable	9	298	96	244	166	64
Current Unearned Revenue	-	-	-	-	-	1,216
Other Current Liabilities	1,683	1,045	965	953	588	132
Total Current Liabilities	2,993	2,833	2,597	2,640	1,926	2,837
Long-Term Debt	544	637	810	101	119	158
Long-Term Leases	-	18	4	2	3	5
Other Long-Term Liabilities	59	41	44	43	42	45
Total Liabilities	3,596	3,529	3,455	2,786	2,090	3,045
Common Stock	885	885	885	885	885	885
Additional Paid-In Capital	1,269	1,269	1,266	1,265	1,264	1,263
Retained Earnings	2,887	3,111	2,817	2,663	2,388	2,306
Treasury Stock	-34	-34	-44	-58	-72	-83
Comprehensive Income & Other	68	46	15	-1	-11	-
Shareholders' Equity	5,075	5,277	4,939	4,754	4,454	4,371
Total Liabilities & Equity	8,671	8,806	8,394	7,540	6,544	7,416
Total Debt	975	1,032	1,133	317	315	558
Net Cash (Debt)	2,061	2,332	1,216	1,551	1,487	1,657
Net Cash Growth	112.04%	91.78%	-21.60%	4.30%	-10.26%	-6.54%
Net Cash Per Share	2316.61	2623.80	1374.27	1762.34	1698.10	1902.14
Filing Date Shares Outstanding	0.89	0.89	0.89	0.88	0.88	0.87
Total Common Shares Outstanding	0.89	0.89	0.89	0.88	0.88	0.87
Working Capital	3,405	3,721	3,513	3,269	3,117	2,875
Book Value Per Share	5705.16	5931.93	5574.25	5394.68	5080.77	5008.62
Tangible Book Value	4,759	4,938	4,516	4,742	4,432	4,340
Tangible Book Value Per Share	5349.92	5550.85	5096.85	5381.07	5055.68	4973.09
Order Backlog	-	8,680	6,576	6,810	6,055	5,019

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