Ocean System 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	Sep '25 Sep 30, 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	4,134	4,780	4,896	3,506	3,622	2,616
Cash & Short-Term Investments	4,134	4,780	4,896	3,506	3,622	2,616
Cash Growth	-4.72%	-2.37%	39.65%	-3.20%	38.46%	-18.63%
Receivables	3,286	3,471	3,085	2,538	2,482	1,690
Inventory	2,557	2,436	2,192	2,450	1,999	1,904
Other Current Assets	594	485	490	505	551	560
Total Current Assets	10,571	11,172	10,663	8,999	8,654	6,770
Property, Plant & Equipment	9,799	9,869	10,120	10,008	9,844	9,651
Long-Term Investments	3,212	2,253	2,124	2,272	2,160	2,027
Goodwill	26	2	12	16	55	121
Other Intangible Assets	276	228	228	247	255	266
Long-Term Deferred Tax Assets	-	557	499	472	407	381
Other Long-Term Assets	2	1	2	2	2	1
Total Assets	23,886	24,082	23,648	22,016	21,377	19,217
Accounts Payable	4,948	5,295	4,677	4,296	4,162	3,845
Accrued Expenses	281	272	264	238	220	223
Short-Term Debt	637	709	737	945	1,247	888
Current Portion of Long-Term Debt	-	-	-	-	600	-
Current Portion of Leases	250	282	-	-	-	-
Current Income Taxes Payable	408	267	496	204	326	312
Other Current Liabilities	2,061	2,247	2,673	1,954	1,996	1,964
Total Current Liabilities	8,585	9,072	8,847	7,637	8,551	7,232
Long-Term Debt	1,534	1,834	2,536	3,274	2,002	2,047
Long-Term Leases	447	514	456	593	578	514
Pension & Post-Retirement Benefits	178	190	189	166	184	181
Other Long-Term Liabilities	1,266	1,269	1,265	1,274	1,210	1,109
Total Liabilities	12,010	12,879	13,293	12,944	12,525	11,083
Common Stock	801	801	801	801	801	801
Additional Paid-In Capital	366	366	366	366	366	366
Retained Earnings	11,366	10,764	9,893	8,687	8,461	7,832
Treasury Stock	-1,169	-1,169	-1,169	-1,169	-1,169	-1,169
Comprehensive Income & Other	512	441	464	387	393	304
Shareholders' Equity	11,876	11,203	10,355	9,072	8,852	8,134
Total Liabilities & Equity	23,886	24,082	23,648	22,016	21,377	19,217
Total Debt	2,868	3,339	3,729	4,812	4,427	3,449
Net Cash (Debt)	1,266	1,441	1,167	-1,306	-805	-833
Net Cash Growth	33.40%	23.48%	-	-	-	-
Net Cash Per Share	134.49	153.09	123.98	-138.74	-85.52	-88.01
Filing Date Shares Outstanding	9.41	9.41	9.41	9.41	9.41	9.41
Total Common Shares Outstanding	9.41	9.41	9.41	9.41	9.41	9.41
Working Capital	1,986	2,100	1,816	1,362	103	-462
Book Value Per Share	1261.57	1190.08	1100.00	963.69	940.32	864.05
Tangible Book Value	11,574	10,973	10,115	8,809	8,542	7,747
Tangible Book Value Per Share	1229.49	1165.64	1074.50	935.76	907.39	822.94

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.