Kewpie Balance Sheet

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

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 31, 2026	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Cash & Equivalents	61,982	65,598	78,139	66,610	57,825	58,343
Short-Term Investments	16,000	15,000	10,000	2,000	10,000	10,000
Cash & Short-Term Investments	77,982	80,598	88,139	68,610	67,825	68,343
Cash Growth	-10.79%	-8.56%	28.46%	1.16%	-0.76%	2.26%
Receivables	77,131	74,380	71,194	64,145	59,299	56,738
Inventory	46,436	42,262	39,861	43,993	37,077	30,065
Other Current Assets	6,939	6,125	4,533	5,332	3,525	2,305
Total Current Assets	208,488	203,365	203,727	182,080	167,726	157,451
Property, Plant & Equipment	148,169	147,954	147,398	146,199	147,050	146,532
Long-Term Investments	112,683	109,571	90,096	79,015	69,370	59,761
Goodwill	69	73	-	182	364	552
Other Intangible Assets	16,691	17,599	19,003	15,625	15,275	12,751
Long-Term Deferred Tax Assets	-	1,469	2,011	2,308	2,749	2,981
Other Long-Term Assets	-	2	1	2	-	2
Total Assets	486,100	480,531	462,372	426,006	403,384	381,003
Accounts Payable	44,255	44,660	44,777	33,414	33,051	28,015
Accrued Expenses	-	4,146	4,017	4,012	3,679	6,150
Short-Term Debt	238	7,202	2,271	17,200	3,058	11,591
Current Portion of Long-Term Debt	-	10,000	-	-	-	-
Current Income Taxes Payable	5,279	8,247	30,643	19,907	19,158	22,090
Other Current Liabilities	32,623	30,724	9,531	6,839	6,306	3,353
Total Current Liabilities	82,395	104,979	91,239	81,372	65,252	71,199
Long-Term Debt	25,000	-	15,500	10,784	26,070	26,356
Long-Term Leases	-	3,592	3,785	3,807	3,337	3,780
Pension & Post-Retirement Benefits	1,927	1,891	2,004	2,107	2,840	2,750
Long-Term Deferred Tax Liabilities	-	20,083	15,532	12,766	9,558	5,856
Other Long-Term Liabilities	26,500	2,387	2,675	3,868	1,705	1,762
Total Liabilities	135,822	132,932	130,735	114,704	108,762	111,703
Common Stock	24,104	24,104	24,104	24,104	24,104	24,104
Additional Paid-In Capital	20,960	20,935	28,412	28,638	28,634	28,632
Retained Earnings	254,713	245,952	224,209	209,740	203,515	194,015
Treasury Stock	-19,775	-7,912	-5,847	-5,842	-5,840	-5,838
Comprehensive Income & Other	45,313	40,984	31,413	25,243	17,244	4,727
Total Common Equity	325,315	324,063	302,291	281,883	267,657	245,640
Minority Interest	24,963	23,536	29,346	29,419	26,965	23,660
Shareholders' Equity	350,278	347,599	331,637	311,302	294,622	269,300
Total Liabilities & Equity	486,100	480,531	462,372	426,006	403,384	381,003
Total Debt	25,238	20,794	21,556	31,791	32,465	41,727
Net Cash (Debt)	52,744	59,804	66,583	36,819	35,360	26,616
Net Cash Growth	-33.52%	-10.18%	80.84%	4.13%	32.85%	-
Net Cash Per Share	383.24	432.53	479.01	264.88	254.38	189.36
Filing Date Shares Outstanding	136.35	139.17	139	139	139	139
Total Common Shares Outstanding	136.35	139.17	139	139	139	139
Working Capital	126,093	98,386	112,488	100,708	102,474	86,252
Book Value Per Share	2385.88	2328.48	2174.73	2027.89	1925.53	1767.13
Tangible Book Value	308,555	306,391	283,288	266,076	252,018	232,337
Tangible Book Value Per Share	2262.96	2201.50	2038.02	1914.17	1813.03	1671.43