TSUKADA GLOBAL HOLDINGS Balance Sheet

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	24,608	27,991	21,182	19,005	21,238	16,539
Short-Term Investments	-	-	-	-	-	1,526
Cash & Short-Term Investments	24,608	27,991	21,182	19,005	21,238	18,065
Cash Growth	17.04%	32.15%	11.46%	-10.51%	17.56%	-23.97%
Receivables	2,347	2,705	2,013	1,665	1,442	969
Inventory	759	738	664	551	547	563
Other Current Assets	3,054	2,716	2,456	4,028	1,361	1,195
Total Current Assets	30,768	34,150	26,315	25,249	24,588	20,792
Property, Plant & Equipment	92,097	89,428	65,592	46,481	41,131	45,847
Long-Term Investments	15,156	11,531	13,679	14,100	13,697	14,405
Goodwill	477	523	789	745	1,157	1,732
Other Intangible Assets	834	807	659	877	1,020	651
Long-Term Deferred Tax Assets	-	3,476	4,542	5,544	5,695	7,251
Long-Term Deferred Charges	210	221	133	157	181	221
Other Long-Term Assets	2	2	2	1	3	2
Total Assets	139,544	140,138	111,711	93,154	87,472	90,901
Accounts Payable	2,363	2,510	2,498	1,947	2,101	1,726
Short-Term Debt	-	-	-	-	-	500
Current Portion of Long-Term Debt	9,752	11,668	9,207	8,112	8,070	13,445
Current Income Taxes Payable	399	1,235	1,105	615	839	222
Other Current Liabilities	9,785	9,282	8,067	7,638	7,520	8,632
Total Current Liabilities	22,299	24,695	20,877	18,312	18,530	24,525
Long-Term Debt	67,633	66,052	50,197	41,100	39,425	38,921
Pension & Post-Retirement Benefits	1,553	1,539	1,494	1,414	1,360	1,307
Other Long-Term Liabilities	8,170	8,060	5,114	4,902	5,072	5,507
Total Liabilities	99,655	100,346	77,682	65,728	64,387	70,260
Common Stock	472	472	472	472	472	472
Additional Paid-In Capital	-	634	634	634	634	634
Retained Earnings	35,386	35,262	31,064	26,393	22,140	20,933
Treasury Stock	-1,292	-1,092	-892	-892	-892	-892
Comprehensive Income & Other	2,732	1,936	953	588	512	-695
Total Common Equity	37,298	37,212	32,231	27,195	22,866	20,452
Minority Interest	2,591	2,580	1,798	231	219	189
Shareholders' Equity	39,889	39,792	34,029	27,426	23,085	20,641
Total Liabilities & Equity	139,544	140,138	111,711	93,154	87,472	90,901
Total Debt	77,385	77,720	59,404	49,212	47,495	52,866
Net Cash (Debt)	-52,777	-49,729	-38,222	-30,207	-26,257	-34,801
Net Cash Per Share	-1115.35	-1049.32	-801.30	-633.27	-550.46	-729.58
Filing Date Shares Outstanding	47.24	47.32	47.7	47.7	47.7	47.7
Total Common Shares Outstanding	47.24	47.35	47.7	47.7	47.7	47.7
Working Capital	8,469	9,455	5,438	6,937	6,058	-3,733
Book Value Per Share	789.61	785.95	675.70	570.12	479.37	428.76
Tangible Book Value	35,987	35,882	30,783	25,573	20,689	18,069
Tangible Book Value Per Share	761.85	757.86	645.34	536.12	433.73	378.80
Order Backlog	-	6,896	7,358	-	-	-

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