Applied 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	6,879	5,971	3,769	3,255	2,509	2,540
Cash & Short-Term Investments	7,579	5,971	3,769	3,255	2,509	2,540
Cash Growth	79.09%	58.42%	15.79%	29.73%	-1.22%	52.01%
Accounts Receivable	6,062	7,300	7,504	6,269	5,671	7,206
Other Receivables	-	184	-	-	506	-
Receivables	6,062	7,484	7,504	6,269	6,177	7,206
Inventory	2,735	1,008	1,010	1,348	1,089	1,035
Other Current Assets	132	102	94	93	91	83
Total Current Assets	16,508	14,565	12,377	10,965	9,866	10,864
Property, Plant & Equipment	4,873	4,571	4,523	4,645	4,660	4,754
Long-Term Investments	925	603	625	648	655	677
Other Intangible Assets	13	14	16	19	25	32
Long-Term Deferred Tax Assets	-	424	527	651	883	446
Other Long-Term Assets	1	2	2	1	1	1
Total Assets	22,320	20,179	18,070	16,929	16,090	16,774
Accounts Payable	4,257	3,624	3,185	3,219	2,840	2,769
Accrued Expenses	107	194	189	182	187	176
Current Portion of Long-Term Debt	51	89	254	411	540	596
Current Income Taxes Payable	383	562	452	84	334	543
Other Current Liabilities	3,597	3,035	2,757	2,542	2,152	1,680
Total Current Liabilities	8,395	7,504	6,837	6,438	6,053	5,764
Long-Term Debt	269	308	398	652	1,063	1,604
Long-Term Leases	-	2	2	3	4	1
Other Long-Term Liabilities	417	414	418	427	442	445
Total Liabilities	9,081	8,228	7,655	7,520	7,562	7,814
Common Stock	381	381	381	381	381	381
Additional Paid-In Capital	909	909	909	909	909	909
Retained Earnings	11,831	10,550	9,025	8,031	7,162	7,603
Comprehensive Income & Other	2	-	1	1	1	1
Total Common Equity	13,123	11,840	10,316	9,322	8,453	8,894
Minority Interest	116	111	99	87	75	66
Shareholders' Equity	13,239	11,951	10,415	9,409	8,528	8,960
Total Liabilities & Equity	22,320	20,179	18,070	16,929	16,090	16,774
Total Debt	320	399	654	1,066	1,607	2,201
Net Cash (Debt)	7,259	5,572	3,115	2,189	902	339
Net Cash Growth	91.33%	78.88%	42.30%	142.68%	166.08%	-
Net Cash Per Share	2685.64	2061.44	1152.39	809.82	333.69	128.28
Filing Date Shares Outstanding	2.7	2.7	2.7	2.7	2.7	2.7
Total Common Shares Outstanding	2.7	2.7	2.7	2.7	2.7	2.7
Working Capital	8,113	7,061	5,540	4,527	3,813	5,100
Book Value Per Share	4855.26	4380.43	3816.43	3448.66	3127.18	3290.32
Tangible Book Value	13,110	11,826	10,300	9,303	8,428	8,862
Tangible Book Value Per Share	4850.45	4375.25	3810.51	3441.63	3117.93	3278.48

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.