NAFCO 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	18,877	18,500	32,997	36,123	34,111	40,984
Cash & Short-Term Investments	18,877	18,500	32,997	36,123	34,111	40,984
Cash Growth	-40.92%	-43.93%	-8.65%	5.90%	-16.77%	69.42%
Accounts Receivable	4,865	4,533	4,510	4,442	3,897	3,030
Other Receivables	-	59	78	90	208	103
Receivables	4,865	4,592	4,588	4,532	4,105	3,133
Inventory	66,415	64,291	60,572	63,559	60,860	56,884
Prepaid Expenses	-	1,003	965	989	972	899
Other Current Assets	1,675	1,842	452	545	696	519
Total Current Assets	91,832	90,228	99,574	105,748	100,744	102,419
Property, Plant & Equipment	119,238	120,994	119,210	119,010	118,557	119,942
Long-Term Investments	10,334	6,738	6,812	6,833	6,816	7,024
Other Intangible Assets	3,856	3,651	3,210	3,312	3,372	3,204
Long-Term Deferred Tax Assets	-	3,583	3,439	3,504	3,585	3,573
Other Long-Term Assets	1	1	1	1	1	2
Total Assets	225,261	225,195	232,246	238,408	233,075	236,164
Accounts Payable	24,918	22,604	24,447	27,147	29,037	29,988
Accrued Expenses	464	956	986	1,073	1,071	1,060
Short-Term Debt	18,061	21,197	21,282	22,108	21,343	22,166
Current Portion of Long-Term Debt	-	-	8	99	599	1,084
Current Portion of Leases	-	1,749	1,472	1,326	1,209	946
Current Income Taxes Payable	5,051	4,493	5,524	6,352	4,084	12,963
Current Unearned Revenue	-	65	55	55	57	43
Other Current Liabilities	7,499	4,639	4,671	5,030	5,145	2,881
Total Current Liabilities	55,993	55,703	58,445	63,190	62,545	71,131
Long-Term Debt	-	-	-	8	108	708
Long-Term Leases	-	4,705	3,769	2,858	2,740	1,808
Pension & Post-Retirement Benefits	3,782	3,746	3,758	3,706	3,447	3,460
Other Long-Term Liabilities	11,391	7,085	6,914	6,834	6,473	6,236
Total Liabilities	71,166	71,239	72,886	76,596	75,313	83,343
Common Stock	3,538	3,538	3,538	3,538	3,538	3,538
Additional Paid-In Capital	4,223	4,223	4,223	4,223	4,223	4,223
Retained Earnings	156,498	156,419	157,788	156,308	152,268	147,313
Treasury Stock	-10,401	-10,401	-6,351	-2,351	-2,351	-2,351
Comprehensive Income & Other	237	177	162	94	84	98
Shareholders' Equity	154,095	153,956	159,360	161,812	157,762	152,821
Total Liabilities & Equity	225,261	225,195	232,246	238,408	233,075	236,164
Total Debt	18,061	27,651	26,531	26,399	25,999	26,712
Net Cash (Debt)	816	-9,151	6,466	9,724	8,112	14,272
Net Cash Growth	-90.74%	-	-33.51%	19.87%	-43.16%	-
Net Cash Per Share	32.91	-346.13	229.54	340.45	284.01	499.68
Filing Date Shares Outstanding	24.58	25.42	26.99	28.56	28.56	28.56
Total Common Shares Outstanding	24.58	25.42	26.99	28.56	28.56	28.56
Working Capital	35,839	34,525	41,129	42,558	38,199	31,288
Book Value Per Share	6268.09	6055.82	5904.41	5665.29	5523.49	5350.50
Tangible Book Value	150,239	150,305	156,150	158,500	154,390	149,617
Tangible Book Value Per Share	6111.24	5912.21	5785.48	5549.33	5405.43	5238.32

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