Bull-Dog Sauce 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	4,198	2,461	1,993	6,056	4,591	4,870
Cash & Short-Term Investments	4,198	2,461	1,993	6,056	4,591	4,870
Cash Growth	39.47%	23.48%	-67.09%	31.91%	-5.73%	13.23%
Accounts Receivable	5,071	4,382	4,926	4,473	4,391	4,261
Other Receivables	-	-	708	-	-	-
Receivables	5,071	4,382	5,634	4,473	4,391	4,261
Inventory	1,022	1,037	1,018	1,855	731	751
Other Current Assets	127	273	294	241	80	97
Total Current Assets	10,418	8,153	8,939	12,625	9,793	9,979
Property, Plant & Equipment	13,032	13,987	14,929	15,496	11,460	7,711
Long-Term Investments	13,717	10,072	9,593	8,018	8,292	8,929
Other Intangible Assets	147	178	197	64	33	33
Long-Term Deferred Tax Assets	71	82	88	97	183	153
Other Long-Term Assets	624	2	1	-	2	-
Total Assets	38,009	32,474	33,747	36,300	29,763	26,805
Accounts Payable	1,798	1,802	2,034	2,295	1,800	1,791
Accrued Expenses	1,136	1,285	1,474	1,491	1,424	1,370
Short-Term Debt	230	230	1,270	125	30	30
Current Portion of Long-Term Debt	620	615	611	671	196	151
Current Income Taxes Payable	917	366	263	4,712	3,778	194
Other Current Liabilities	514	391	56	44	89	434
Total Current Liabilities	5,215	4,689	5,708	9,338	7,317	3,970
Long-Term Debt	3,601	4,035	4,412	4,986	502	306
Pension & Post-Retirement Benefits	824	764	829	955	940	903
Long-Term Deferred Tax Liabilities	2,831	1,476	1,263	715	805	1,013
Other Long-Term Liabilities	92	66	75	49	60	69
Total Liabilities	12,563	11,030	12,287	16,043	9,624	6,261
Common Stock	1,044	1,044	1,044	1,044	1,044	1,044
Additional Paid-In Capital	2,564	2,564	2,564	2,564	2,564	2,564
Retained Earnings	16,095	15,275	15,125	15,452	15,354	15,201
Treasury Stock	-1,019	-1,210	-794	-804	-804	-639
Comprehensive Income & Other	6,762	3,771	3,521	2,001	1,981	2,374
Shareholders' Equity	25,446	21,444	21,460	20,257	20,139	20,544
Total Liabilities & Equity	38,009	32,474	33,747	36,300	29,763	26,805
Total Debt	4,451	4,880	6,293	5,782	728	487
Net Cash (Debt)	-253	-2,419	-4,300	274	3,863	4,383
Net Cash Growth	-	-	-	-92.91%	-11.86%	22.02%
Net Cash Per Share	-19.92	-181.96	-322.05	20.53	288.20	326.58
Filing Date Shares Outstanding	12.7	13.05	13.36	13.35	13.35	13.43
Total Common Shares Outstanding	12.7	13.12	13.36	13.35	13.35	13.43
Working Capital	5,203	3,464	3,231	3,287	2,476	6,009
Book Value Per Share	2003.35	1633.92	1606.77	1517.83	1508.98	1530.23
Tangible Book Value	25,299	21,266	21,263	20,193	20,106	20,511
Tangible Book Value Per Share	1991.78	1620.36	1592.02	1513.03	1506.51	1527.77

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