Nihonwasou 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	2,366	2,510	2,749	2,670	2,809	2,870
Cash & Short-Term Investments	2,366	2,510	2,749	2,670	2,809	2,870
Cash Growth	-6.48%	-8.69%	2.96%	-4.95%	-2.13%	9.08%
Accounts Receivable	5,142	5,309	5,625	5,586	5,045	5,073
Other Receivables	-	353	365	341	303	300
Receivables	5,142	5,662	5,990	5,927	5,348	5,373
Inventory	165	153	121	106	113	144
Prepaid Expenses	-	104	100	102	109	113
Other Current Assets	643	109	81	62	62	53
Total Current Assets	8,316	8,538	9,041	8,867	8,441	8,553
Property, Plant & Equipment	105	108	118	128	144	165
Long-Term Investments	123	92	103	119	138	145
Other Intangible Assets	14	15	20	24	13	9
Long-Term Deferred Tax Assets	-	17	59	71	65	84
Other Long-Term Assets	1	1	-	1	2	2
Total Assets	8,559	8,771	9,341	9,210	8,803	8,958
Accounts Payable	48	43	37	34	32	30
Accrued Expenses	-	122	217	192	167	150
Short-Term Debt	2,084	2,671	2,608	2,773	2,384	2,690
Current Income Taxes Payable	8	158	220	208	153	371
Current Unearned Revenue	-	111	137	136	128	150
Other Current Liabilities	1,003	513	513	477	403	509
Total Current Liabilities	3,143	3,618	3,732	3,820	3,267	3,900
Long-Term Debt	1,808	1,414	1,970	1,923	2,129	1,753
Other Long-Term Liabilities	7	7	8	11	10	9
Total Liabilities	4,958	5,039	5,710	5,754	5,406	5,662
Common Stock	478	478	478	478	478	478
Additional Paid-In Capital	292	292	292	292	292	292
Retained Earnings	2,835	2,967	2,862	2,693	2,638	2,546
Treasury Stock	-22	-22	-22	-22	-22	-22
Comprehensive Income & Other	18	17	21	15	11	2
Total Common Equity	3,601	3,732	3,631	3,456	3,397	3,296
Shareholders' Equity	3,601	3,732	3,631	3,456	3,397	3,296
Total Liabilities & Equity	8,559	8,771	9,341	9,210	8,803	8,958
Total Debt	3,892	4,085	4,578	4,696	4,513	4,443
Net Cash (Debt)	-1,526	-1,575	-1,829	-2,026	-1,704	-1,573
Net Cash Per Share	-168.33	-173.73	-201.75	-223.48	-187.96	-173.51
Filing Date Shares Outstanding	9.07	9.07	9.07	9.07	9.07	9.07
Total Common Shares Outstanding	9.07	9.07	9.07	9.07	9.07	9.07
Working Capital	5,173	4,920	5,309	5,047	5,174	4,653
Book Value Per Share	397.22	411.67	400.53	381.22	374.71	363.57
Tangible Book Value	3,587	3,717	3,611	3,432	3,384	3,287
Tangible Book Value Per Share	395.67	410.01	398.32	378.57	373.28	362.58