MERF Inc. (TYO:3168)

MERF Inc. Balance Sheet

Financials in millions JPY. Fiscal year is September - August.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 30, 2025	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Cash & Equivalents	1,079	1,639	1,238	1,263	1,275	1,806
Short-Term Investments	-	-	296	-	-	-
Cash & Short-Term Investments	1,079	1,639	1,534	1,263	1,275	1,806
Cash Growth	-48.94%	6.84%	21.46%	-0.94%	-29.40%	-13.59%
Accounts Receivable	8,544	9,107	11,931	10,092	10,682	9,817
Other Receivables	972.12	411	2,122	1,641	1,496	694
Receivables	9,516	9,518	14,053	11,762	12,178	10,511
Inventory	9,501	7,536	5,776	7,188	6,771	6,981
Other Current Assets	2,502	2,518	2,058	1,642	2,265	1,321
Total Current Assets	22,597	21,211	23,421	21,855	22,489	20,619
Property, Plant & Equipment	3,227	3,315	2,566	2,458	2,434	2,282
Long-Term Investments	1,174	885	515	664	720	588
Other Intangible Assets	115.22	121	44	38	51	32
Long-Term Deferred Tax Assets	-	20	64	50	30	117
Other Long-Term Assets	0	2	1	2	1	2
Total Assets	27,114	25,705	26,611	25,067	25,725	23,640
Accounts Payable	2,992	2,400	3,303	2,588	2,214	2,153
Accrued Expenses	-	38	67	19	21	56
Short-Term Debt	7,959	7,700	9,400	9,500	9,909	7,779
Current Portion of Long-Term Debt	1,326	1,433	1,280	1,108	1,300	1,314
Current Portion of Leases	59.33	59	-	-	-	-
Current Income Taxes Payable	279.78	260	724	433	432	1,076
Other Current Liabilities	1,017	438	126	125	85	72
Total Current Liabilities	13,633	12,328	14,900	13,773	13,961	12,450
Long-Term Debt	3,292	3,581	2,108	2,070	2,418	2,388
Long-Term Leases	386.95	401	-	-	-	-
Pension & Post-Retirement Benefits	117.28	120	120	126	126	120
Long-Term Deferred Tax Liabilities	94.68	17	-	-	-	-
Other Long-Term Liabilities	0.01	41	1	2	2	2
Total Liabilities	17,559	16,488	17,129	15,971	16,507	14,960
Common Stock	1,000	1,000	1,000	1,000	1,000	1,000
Additional Paid-In Capital	698.43	698	697	697	695	690
Retained Earnings	7,203	6,937	7,423	7,172	7,286	6,987
Treasury Stock	-104.89	-104	-114	-125	-52	-65
Comprehensive Income & Other	757.52	686	476	352	289	68
Shareholders' Equity	9,554	9,217	9,482	9,096	9,218	8,680
Total Liabilities & Equity	27,114	25,705	26,611	25,067	25,725	23,640
Total Debt	13,023	13,174	12,788	12,678	13,627	11,481
Net Cash (Debt)	-11,944	-11,535	-11,254	-11,415	-12,352	-9,675
Net Cash Per Share	-844.90	-816.23	-797.22	-806.64	-868.93	-681.91
Filing Date Shares Outstanding	14.14	14.14	14.12	14.11	14.23	14.2
Total Common Shares Outstanding	14.14	14.14	14.12	14.11	14.23	14.2
Working Capital	8,964	8,883	8,521	8,082	8,528	8,169
Book Value Per Share	675.84	651.97	671.47	644.80	648.01	611.38
Tangible Book Value	9,439	9,096	9,438	9,058	9,167	8,648
Tangible Book Value Per Share	667.69	643.41	668.35	642.10	644.43	609.13

Source: S&P Global Market Intelligence. Standard template. Financial Sources.