Marudai Food 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	9,325	8,983	9,668	6,916	7,990	8,476
Cash & Short-Term Investments	9,325	8,983	9,668	6,916	7,990	8,476
Cash Growth	2.73%	-7.08%	39.79%	-13.44%	-5.73%	2.81%
Receivables	34,350	25,033	27,999	23,883	23,426	26,126
Inventory	21,237	20,651	18,554	19,230	16,872	15,766
Other Current Assets	1,236	1,079	857	1,387	1,525	1,901
Total Current Assets	66,148	55,746	57,078	51,416	49,813	52,269
Property, Plant & Equipment	43,868	41,446	42,430	57,319	60,085	60,346
Long-Term Investments	23,166	22,857	21,627	15,615	16,402	17,815
Other Intangible Assets	638	489	324	1,573	2,267	2,779
Long-Term Deferred Tax Assets	313	363	339	317	319	317
Other Long-Term Assets	5,404	1	2	2	1	2
Total Assets	139,553	120,920	121,819	126,261	128,903	133,546
Accounts Payable	24,964	19,047	22,491	20,754	20,913	20,236
Accrued Expenses	680	822	801	781	810	850
Short-Term Debt	10,450	8,275	9,248	9,858	8,100	7,890
Current Portion of Long-Term Debt	2,333	2,646	2,984	2,917	2,817	2,657
Current Portion of Leases	740	872	1,057	1,024	1,084	905
Current Income Taxes Payable	1,277	7,592	7,051	7,228	6,695	9,597
Other Current Liabilities	9,633	1,376	2,065	1,501	1,310	1,380
Total Current Liabilities	50,077	40,630	45,697	44,063	41,729	43,515
Long-Term Debt	4,173	5,361	5,177	5,255	4,551	4,649
Long-Term Leases	2,183	2,436	3,179	3,735	4,118	4,296
Pension & Post-Retirement Benefits	1,609	1,583	1,527	1,467	1,378	1,308
Long-Term Deferred Tax Liabilities	5,721	3,387	2,939	1,961	992	1,439
Other Long-Term Liabilities	405	517	549	767	647	661
Total Liabilities	64,168	53,914	59,068	57,248	53,415	55,868
Common Stock	6,716	6,716	6,716	6,716	6,716	6,716
Additional Paid-In Capital	22,073	22,086	22,086	22,086	22,086	22,086
Retained Earnings	37,307	33,465	28,474	38,388	44,132	45,200
Treasury Stock	-4,249	-4,261	-3,620	-3,342	-3,066	-2,697
Comprehensive Income & Other	12,696	8,195	8,354	4,483	4,962	5,761
Total Common Equity	74,543	66,201	62,010	68,331	74,830	77,066
Minority Interest	842	805	741	682	658	612
Shareholders' Equity	75,385	67,006	62,751	69,013	75,488	77,678
Total Liabilities & Equity	139,553	120,920	121,819	126,261	128,903	133,546
Total Debt	19,879	19,590	21,645	22,789	20,670	20,397
Net Cash (Debt)	-10,554	-10,607	-11,977	-15,873	-12,680	-11,921
Net Cash Per Share	-431.13	-429.14	-480.58	-632.57	-501.54	-469.13
Filing Date Shares Outstanding	24.48	24.48	24.85	25.02	25.2	25.4
Total Common Shares Outstanding	24.48	24.48	24.85	25.02	25.2	25.4
Working Capital	16,071	15,116	11,381	7,353	8,084	8,754
Book Value Per Share	3045.06	2704.28	2494.88	2730.99	2969.84	3033.79
Tangible Book Value	73,905	65,712	61,686	66,758	72,563	74,287
Tangible Book Value Per Share	3019.00	2684.30	2481.85	2668.13	2879.86	2924.39

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