TYO:319A Balance Sheet

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	10,374	9,566	5,442	4,398	2,602
Cash & Short-Term Investments	10,374	9,566	5,442	4,398	2,602
Cash Growth	50.63%	75.78%	23.74%	69.02%	-
Receivables	3,407	3,521	1,499	1,624	1,171
Inventory	4,229	3,350	1,471	1,289	901
Other Current Assets	426	504	387	324	275
Total Current Assets	18,436	16,941	8,799	7,635	4,949
Property, Plant & Equipment	8,999	8,399	4,955	4,945	3,470
Long-Term Investments	1,867	1,795	506	747	321
Goodwill	4,519	3,008	835	1,057	225
Other Intangible Assets	81	77	24	25	22
Long-Term Deferred Tax Assets	858	606	297	340	198
Total Assets	34,760	30,826	15,416	14,749	9,185
Accounts Payable	1,678	1,579	917	768	709
Accrued Expenses	375	67	-	-	-
Short-Term Debt	3,645	3,406	1,975	1,805	1,777
Current Portion of Long-Term Debt	2,484	2,179	1,299	1,277	777
Current Portion of Leases	48	49	38	426	29
Current Income Taxes Payable	618	494	280	207	88
Other Current Liabilities	1,144	1,538	534	599	285
Total Current Liabilities	9,992	9,312	5,043	5,082	3,665
Long-Term Debt	11,689	10,333	5,284	5,685	3,467
Long-Term Leases	250	261	244	44	427
Pension & Post-Retirement Benefits	2,134	1,273	477	479	253
Long-Term Deferred Tax Liabilities	213	199	151	147	-
Other Long-Term Liabilities	235	238	215	199	50
Total Liabilities	24,513	21,616	11,414	11,636	7,862
Common Stock	10	10	55	55	35
Additional Paid-In Capital	2,004	2,004	187	187	166
Retained Earnings	7,749	6,667	3,576	2,726	1,114
Comprehensive Income & Other	385	429	84	45	8
Total Common Equity	10,147	9,110	3,902	3,013	1,323
Minority Interest	100	100	100	100	-
Shareholders' Equity	10,247	9,210	4,002	3,113	1,323
Total Liabilities & Equity	34,760	30,826	15,416	14,749	9,185
Total Debt	18,116	16,228	8,840	9,237	6,477
Net Cash (Debt)	-7,742	-6,662	-3,398	-4,839	-3,875
Net Cash Per Share	-875.05	-762.60	-431.07	-619.76	-498.85
Filing Date Shares Outstanding	8.85	8.85	8.85	8.38	7.77
Total Common Shares Outstanding	8.85	8.85	7.88	8.38	7.77
Working Capital	8,444	7,629	3,756	2,553	1,284
Book Value Per Share	1147.08	1029.85	495.00	359.43	170.32
Tangible Book Value	5,547	6,025	3,043	1,931	1,076
Tangible Book Value Per Share	627.07	681.10	386.03	230.35	138.52