Toa Road Balance Sheet

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	13,909	12,308	14,227	10,004	11,649
Cash & Short-Term Investments	13,909	12,308	14,227	10,004	11,649
Cash Growth	13.01%	-13.49%	42.21%	-14.12%	-8.74%
Accounts Receivable	30,215	39,718	39,157	41,835	39,559
Other Receivables	3,223	-	-	-	-
Receivables	33,438	39,718	39,157	41,835	39,559
Inventory	5,147	4,552	5,441	4,657	4,249
Other Current Assets	3,802	3,423	2,741	2,931	2,792
Total Current Assets	56,296	60,001	61,566	59,427	58,249
Property, Plant & Equipment	23,510	23,707	23,085	21,339	20,592
Long-Term Investments	4,860	5,994	7,264	5,518	5,025
Other Intangible Assets	278	321	281	346	396
Long-Term Deferred Tax Assets	422	367	381	273	145
Other Long-Term Assets	2,824	1	1	1	1
Total Assets	88,501	90,721	92,895	87,184	84,691
Accounts Payable	13,972	17,675	25,092	22,782	23,138
Short-Term Debt	4,489	5,450	600	2,036	1,328
Current Income Taxes Payable	1,376	1,506	1,112	1,097	1,011
Current Unearned Revenue	1,778	969	1,044	1,399	1,913
Other Current Liabilities	8,197	4,801	4,639	4,146	3,685
Total Current Liabilities	29,812	30,401	32,487	31,460	31,075
Long-Term Debt	143	450	900	150	586
Pension & Post-Retirement Benefits	452	459	439	449	427
Long-Term Deferred Tax Liabilities	2,310	1,772	2,285	1,789	1,771
Other Long-Term Liabilities	725	709	710	626	368
Total Liabilities	33,442	33,791	36,821	34,474	34,227
Common Stock	7,584	7,584	7,584	7,584	7,584
Additional Paid-In Capital	6,665	6,419	7,258	7,105	6,986
Retained Earnings	37,876	40,991	38,670	35,722	33,419
Treasury Stock	-2,907	-2,584	-2,620	-1,724	-1,606
Comprehensive Income & Other	4,422	3,001	3,754	2,657	2,689
Total Common Equity	53,640	55,411	54,646	51,344	49,072
Minority Interest	1,419	1,519	1,428	1,366	1,392
Shareholders' Equity	55,059	56,930	56,074	52,710	50,464
Total Liabilities & Equity	88,501	90,721	92,895	87,184	84,691
Total Debt	4,632	5,900	1,500	2,186	1,914
Net Cash (Debt)	9,277	6,408	12,727	7,818	9,735
Net Cash Growth	44.77%	-49.65%	62.79%	-19.69%	3.43%
Net Cash Per Share	200.97	138.53	268.19	165.09	200.64
Filing Date Shares Outstanding	46.21	45.93	46	47.52	47.2
Total Common Shares Outstanding	46.21	46.28	47	47.52	47.63
Working Capital	26,484	29,600	29,079	27,967	27,174
Book Value Per Share	1160.85	1197.35	1162.66	1080.45	1030.28
Tangible Book Value	53,362	55,090	54,365	50,998	48,676
Tangible Book Value Per Share	1154.83	1190.41	1156.68	1073.16	1021.97
Land	13,484	-	-	-	-
Buildings	14,540	-	-	-	-
Machinery	31,096	-	-	-	-
Construction In Progress	316	-	-	-	-
Order Backlog	36,864	28,057	34,990	29,059	30,748

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