Feed One 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	12,238	10,342	10,876	7,379	3,500	2,893
Cash & Short-Term Investments	12,238	10,342	10,876	7,379	3,500	2,893
Cash Growth	-1.20%	-4.91%	47.39%	110.83%	20.98%	6.44%
Receivables	56,109	47,496	56,686	55,080	42,752	36,268
Inventory	16,549	19,413	17,305	20,583	15,949	12,586
Other Current Assets	2,863	2,834	3,337	2,794	3,102	3,114
Total Current Assets	87,759	80,085	88,204	85,836	65,303	54,861
Property, Plant & Equipment	36,244	31,308	30,181	31,668	33,513	34,521
Long-Term Investments	13,118	11,012	10,909	9,205	8,826	8,708
Other Intangible Assets	1,346	1,552	1,542	916	530	363
Long-Term Deferred Tax Assets	165	205	199	274	315	449
Other Long-Term Assets	472	2	2	2	1	1
Total Assets	139,193	124,172	131,038	127,913	108,504	99,251
Accounts Payable	35,008	29,106	34,360	36,482	30,903	25,544
Accrued Expenses	440	790	772	558	685	735
Short-Term Debt	5,903	12,878	10,580	16,803	11,350	9,680
Current Portion of Leases	144	129	133	126	128	132
Current Income Taxes Payable	938	187	2,262	467	441	1,137
Other Current Liabilities	8,021	7,078	7,014	5,638	6,515	4,960
Total Current Liabilities	50,454	50,168	55,121	60,074	50,022	42,188
Long-Term Debt	23,631	14,400	21,178	19,208	10,478	11,221
Long-Term Leases	553	538	602	658	759	762
Pension & Post-Retirement Benefits	2,523	2,478	2,313	2,234	2,194	2,099
Long-Term Deferred Tax Liabilities	1,627	858	685	203	10	10
Other Long-Term Liabilities	399	384	284	222	202	178
Total Liabilities	79,187	68,826	80,183	82,599	63,665	56,458
Common Stock	10,000	10,000	10,000	10,000	10,000	10,000
Additional Paid-In Capital	9,791	9,757	9,737	9,737	9,737	10,484
Retained Earnings	35,307	32,338	28,075	23,952	23,882	21,197
Treasury Stock	-172	-210	-173	-244	-271	-122
Comprehensive Income & Other	4,372	2,738	2,640	1,323	957	730
Total Common Equity	59,298	54,623	50,279	44,768	44,305	42,289
Minority Interest	708	723	576	546	534	504
Shareholders' Equity	60,006	55,346	50,855	45,314	44,839	42,793
Total Liabilities & Equity	139,193	124,172	131,038	127,913	108,504	99,251
Total Debt	30,231	27,945	32,493	36,795	22,715	21,795
Net Cash (Debt)	-17,993	-17,603	-21,617	-29,416	-19,215	-18,902
Net Cash Per Share	-470.50	-460.16	-565.36	-770.73	-496.99	-480.25
Filing Date Shares Outstanding	38.27	38.22	38.26	38.19	38.15	39.37
Total Common Shares Outstanding	38.27	38.22	38.26	38.18	38.15	39.35
Working Capital	37,305	29,917	33,083	25,762	15,281	12,673
Book Value Per Share	1549.49	1429.02	1313.99	1172.56	1161.37	1074.60
Tangible Book Value	57,952	53,071	48,737	43,852	43,775	41,926
Tangible Book Value Per Share	1514.32	1388.42	1273.69	1148.57	1147.48	1065.38

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