Nichiwa Sangyo Balance Sheet

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	8,934	9,019	7,041	5,182	7,617	9,818
Cash & Short-Term Investments	8,934	9,019	7,041	5,182	7,617	9,818
Cash Growth	12.60%	28.09%	35.87%	-31.97%	-22.42%	2.45%
Receivables	13,354	10,965	14,527	12,890	10,203	8,332
Inventory	2,794	2,852	2,853	3,259	3,026	2,446
Other Current Assets	704	789	1,179	1,180	1,025	339
Total Current Assets	25,786	23,625	25,600	22,511	21,871	20,935
Property, Plant & Equipment	4,675	4,702	5,547	5,833	5,603	5,334
Long-Term Investments	1,614	1,048	1,002	96	249	25
Other Intangible Assets	18	16	5	40	7	9
Long-Term Deferred Tax Assets	-	-	-	129	111	43
Other Long-Term Assets	1	2	2	2	2	1
Total Assets	32,834	29,706	32,633	29,708	29,046	27,827
Accounts Payable	8,215	6,140	8,557	6,675	5,858	4,574
Accrued Expenses	43	86	95	95	100	100
Short-Term Debt	3,969	3,969	3,969	4,269	4,269	4,269
Current Income Taxes Payable	113	850	1,192	814	783	792
Other Current Liabilities	856	174	187	213	439	231
Total Current Liabilities	13,196	11,219	14,000	12,066	11,449	9,966
Pension & Post-Retirement Benefits	20	19	23	21	20	19
Long-Term Deferred Tax Liabilities	232	48	262	-	-	-
Other Long-Term Liabilities	175	183	184	187	169	86
Total Liabilities	13,623	11,469	14,469	12,274	11,638	10,071
Common Stock	2,011	2,011	2,011	2,011	2,011	2,011
Additional Paid-In Capital	1,904	1,904	1,904	1,904	1,904	1,904
Retained Earnings	15,121	14,547	14,382	13,949	13,898	13,897
Treasury Stock	-722	-722	-722	-722	-722	-295
Comprehensive Income & Other	897	497	589	292	317	239
Shareholders' Equity	19,211	18,237	18,164	17,434	17,408	17,756
Total Liabilities & Equity	32,834	29,706	32,633	29,708	29,046	27,827
Total Debt	3,969	3,969	3,969	4,269	4,269	4,269
Net Cash (Debt)	4,965	5,050	3,072	913	3,348	5,549
Net Cash Growth	25.22%	64.39%	236.47%	-72.73%	-39.66%	4.42%
Net Cash Per Share	274.13	278.82	169.61	50.41	175.04	287.33
Filing Date Shares Outstanding	18.11	18.11	18.11	18.11	18.11	19.31
Total Common Shares Outstanding	18.11	18.11	18.11	18.11	18.11	19.31
Working Capital	12,590	12,406	11,600	10,445	10,422	10,969
Book Value Per Share	1060.69	1006.91	1002.88	962.57	961.14	919.43
Tangible Book Value	19,193	18,221	18,159	17,394	17,401	17,747
Tangible Book Value Per Share	1059.70	1006.03	1002.60	960.37	960.75	918.96

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