Buffalo 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	Dec '25 Dec 31, 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	3,276	3,382	3,051	2,776	2,414	2,084
Cash & Short-Term Investments	3,276	3,382	3,051	2,776	2,414	2,084
Cash Growth	15.03%	10.85%	9.91%	15.00%	15.83%	9.74%
Accounts Receivable	1,283	730	702	619	543	499
Receivables	1,283	730	702	619	543	499
Inventory	1,433	1,137	1,116	1,202	1,120	1,061
Other Current Assets	491	422	541	476	505	305
Total Current Assets	6,483	5,671	5,410	5,073	4,582	3,949
Property, Plant & Equipment	2,587	2,268	1,901	1,962	1,943	1,906
Long-Term Investments	1,117	699	689	760	796	846
Other Intangible Assets	5	6	9	12	15	18
Long-Term Deferred Tax Assets	-	463	482	429	423	409
Other Long-Term Assets	2	1	2	1	1	1
Total Assets	10,194	9,108	8,493	8,237	7,761	7,132
Accounts Payable	929	423	519	500	504	321
Accrued Expenses	82	157	142	139	133	130
Short-Term Debt	-	279	14	-	-	-
Current Portion of Long-Term Debt	185	69	-	8	29	46
Current Portion of Leases	-	25	23	17	15	15
Current Income Taxes Payable	103	105	113	149	108	105
Other Current Liabilities	885	713	807	594	544	399
Total Current Liabilities	2,184	1,771	1,618	1,407	1,333	1,016
Long-Term Debt	624	240	-	-	8	37
Long-Term Leases	-	61	68	55	58	20
Pension & Post-Retirement Benefits	673	637	608	567	537	500
Other Long-Term Liabilities	284	202	205	212	140	98
Total Liabilities	3,765	2,911	2,499	2,241	2,076	1,671
Common Stock	653	653	653	653	614	614
Additional Paid-In Capital	627	627	627	627	589	589
Retained Earnings	5,148	4,916	4,713	4,715	4,481	4,257
Comprehensive Income & Other	1	1	1	1	1	1
Shareholders' Equity	6,429	6,197	5,994	5,996	5,685	5,461
Total Liabilities & Equity	10,194	9,108	8,493	8,237	7,761	7,132
Total Debt	809	674	105	80	110	118
Net Cash (Debt)	2,467	2,708	2,946	2,696	2,304	1,966
Net Cash Growth	3.48%	-8.08%	9.27%	17.01%	17.19%	15.72%
Net Cash Per Share	1052.74	1155.57	1257.13	1173.94	1013.54	869.70
Filing Date Shares Outstanding	2.34	2.34	2.34	2.34	2.27	2.27
Total Common Shares Outstanding	2.34	2.34	2.34	2.34	2.27	2.27
Working Capital	4,299	3,900	3,792	3,666	3,249	2,933
Book Value Per Share	2743.44	2644.41	2557.79	2558.64	2500.86	2402.32
Tangible Book Value	6,424	6,191	5,985	5,984	5,670	5,443
Tangible Book Value Per Share	2741.30	2641.85	2553.95	2553.52	2494.26	2394.40

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.