Applied Balance Sheet

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	6,478	5,971	3,769	3,255	2,509
Short-Term Investments	1,000	-	-	-	-
Cash & Short-Term Investments	7,478	5,971	3,769	3,255	2,509
Cash Growth	25.24%	58.42%	15.79%	29.73%	-1.22%
Accounts Receivable	6,564	7,300	7,504	6,269	5,671
Other Receivables	-	184	-	-	506
Receivables	6,564	7,484	7,504	6,269	6,177
Inventory	1,628	1,008	1,010	1,348	1,089
Other Current Assets	116	102	94	93	91
Total Current Assets	15,786	14,565	12,377	10,965	9,866
Property, Plant & Equipment	5,191	4,571	4,523	4,645	4,660
Long-Term Investments	581	603	625	648	655
Other Intangible Assets	12	14	16	19	25
Long-Term Deferred Tax Assets	404	424	527	651	883
Other Long-Term Assets	2	2	2	1	1
Total Assets	21,976	20,179	18,070	16,929	16,090
Accounts Payable	3,148	3,624	3,185	3,219	2,840
Accrued Expenses	234	194	189	182	187
Current Portion of Long-Term Debt	-	89	254	411	540
Current Portion of Leases	1	-	-	-	-
Current Income Taxes Payable	818	562	452	84	334
Other Current Liabilities	3,456	3,035	2,757	2,542	2,152
Total Current Liabilities	7,657	7,504	6,837	6,438	6,053
Long-Term Debt	-	308	398	652	1,063
Long-Term Leases	3	2	2	3	4
Other Long-Term Liabilities	409	414	418	427	442
Total Liabilities	8,069	8,228	7,655	7,520	7,562
Common Stock	381	381	381	381	381
Additional Paid-In Capital	909	909	909	909	909
Retained Earnings	12,494	10,550	9,025	8,031	7,162
Comprehensive Income & Other	3	-	1	1	1
Total Common Equity	13,787	11,840	10,316	9,322	8,453
Minority Interest	120	111	99	87	75
Shareholders' Equity	13,907	11,951	10,415	9,409	8,528
Total Liabilities & Equity	21,976	20,179	18,070	16,929	16,090
Total Debt	4	399	654	1,066	1,607
Net Cash (Debt)	7,474	5,572	3,115	2,189	902
Net Cash Growth	34.13%	78.88%	42.30%	142.68%	166.08%
Net Cash Per Share	2765.21	2061.44	1152.39	809.82	333.69
Filing Date Shares Outstanding	2.7	2.7	2.7	2.7	2.7
Total Common Shares Outstanding	2.7	2.7	2.7	2.7	2.7
Working Capital	8,129	7,061	5,540	4,527	3,813
Book Value Per Share	5100.92	4380.43	3816.43	3448.66	3127.18
Tangible Book Value	13,775	11,826	10,300	9,303	8,428
Tangible Book Value Per Share	5096.48	4375.25	3810.51	3441.63	3117.93