kaihan co.,Ltd. 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 2019	FY 2018
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '19 Mar 31, 2019	Mar '18 Mar 31, 2018
Cash & Equivalents	381	436	804	315	1,023	1,325
Cash & Short-Term Investments	381	436	804	315	1,023	1,325
Cash Growth	-24.85%	-45.77%	155.24%	-69.21%	-22.79%	-9.80%
Accounts Receivable	180	120	97	68	38	43
Receivables	576	120	97	628	38	43
Inventory	125	75	68	66	49	83
Prepaid Expenses	-	-	-	-	52	66
Other Current Assets	256	139	213	166	57	26
Total Current Assets	1,338	770	1,182	1,175	1,219	1,550
Property, Plant & Equipment	2,374	1,522	1,543	796	650	883
Long-Term Investments	755	595	370	309	278	319
Goodwill	250	1,588	306	364	-	1
Other Intangible Assets	73	52	45	14	3	4
Long-Term Deferred Tax Assets	-	-	-	-	-	94
Other Long-Term Assets	1	2	2	2	2	1
Total Assets	4,835	4,576	3,616	2,660	2,152	2,852
Accounts Payable	293	118	143	175	221	267
Short-Term Debt	1,044	735	750	1	-	-
Current Portion of Long-Term Debt	299	345	460	477	464	376
Current Portion of Leases	94	90	87	98	80	105
Current Income Taxes Payable	876	380	349	373	280	321
Current Unearned Revenue	66	66	66	66	-	-
Other Current Liabilities	195	201	156	143	88	120
Total Current Liabilities	2,867	1,935	2,011	1,333	1,133	1,189
Long-Term Debt	926	1,042	513	701	743	760
Long-Term Leases	36	80	171	308	52	151
Other Long-Term Liabilities	35	38	31	28	35	38
Total Liabilities	3,864	3,095	2,726	2,370	1,963	2,138
Common Stock	2,291	1,689	1,684	1,010	194	194
Additional Paid-In Capital	5,048	2,303	1,054	380	180	180
Retained Earnings	-6,600	-2,585	-1,847	-1,135	-185	339
Comprehensive Income & Other	208	74	-1	35	-	1
Shareholders' Equity	971	1,481	890	290	189	714
Total Liabilities & Equity	4,835	4,576	3,616	2,660	2,152	2,852
Total Debt	2,399	2,292	1,981	1,585	1,339	1,392
Net Cash (Debt)	-2,018	-1,856	-1,177	-1,270	-316	-67
Net Cash Per Share	-37.45	-35.88	-25.63	-40.69	-88.01	-18.71
Filing Date Shares Outstanding	56.92	56.5	50.77	39.59	3.59	3.59
Total Common Shares Outstanding	56.78	52.32	50.77	37.89	3.59	3.59
Working Capital	-1,529	-1,165	-829	-158	86	361
Book Value Per Share	16.68	28.30	17.53	7.65	52.64	198.86
Tangible Book Value	624	-159	539	-88	186	709
Tangible Book Value Per Share	10.99	-3.04	10.62	-2.32	51.80	197.47

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