Tsuruha Holdings Balance Sheet

Financials in millions JPY. Fiscal year is March - February.

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May '26 May 31, 2026	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	May '24 May 15, 2024	May '23 May 15, 2023	May '22 May 15, 2022
Cash & Equivalents	230,614	202,130	92,739	58,688	79,050	127,026
Cash & Short-Term Investments	230,614	202,130	92,739	58,688	79,050	127,026
Cash Growth	251.71%	117.96%	58.02%	-25.76%	-37.77%	9.01%
Accounts Receivable	140,511	122,378	41,107	47,504	43,933	49,155
Receivables	140,511	122,378	41,107	47,504	43,934	49,156
Inventory	316,337	308,606	149,194	147,173	140,741	132,435
Other Current Assets	38,796	46,295	19,771	20,117	21,564	19,897
Total Current Assets	726,258	679,409	302,811	273,482	285,289	328,514
Property, Plant & Equipment	317,692	313,706	137,942	131,621	108,620	91,299
Long-Term Investments	19,300	148,824	107,680	108,652	104,498	97,867
Goodwill	448,420	454,593	19,773	21,944	30,069	34,281
Other Intangible Assets	14,860	15,064	8,522	7,393	4,941	3,744
Long-Term Deferred Tax Assets	37,761	36,384	6,632	6,458	6,404	6,647
Other Long-Term Assets	124,096	1	2	1	1	2
Total Assets	1,688,387	1,647,981	583,362	549,551	539,830	562,363
Accounts Payable	426,449	375,592	139,398	114,143	108,177	155,660
Accrued Expenses	5,749	13,978	7,133	7,431	6,976	6,676
Short-Term Debt	-	-	5,000	-	-	-
Current Portion of Long-Term Debt	14,299	41,389	4,950	7,200	10,350	7,200
Current Portion of Leases	12,437	12,302	1,896	1,437	1,053	551
Current Income Taxes Payable	11,737	55,306	16,913	28,209	27,952	25,625
Other Current Liabilities	73,428	48,999	31,356	22,942	19,808	17,901
Total Current Liabilities	564,830	547,566	206,646	181,362	174,316	213,613
Long-Term Debt	119,526	98,864	27,925	25,075	29,125	39,475
Long-Term Leases	56,161	55,932	23,993	16,327	14,335	8,294
Pension & Post-Retirement Benefits	10,685	10,397	1,324	3,014	3,033	4,119
Long-Term Deferred Tax Liabilities	912	911	2,279	6,235	6,254	5,204
Other Long-Term Liabilities	38,728	38,607	14,820	12,243	8,624	7,615
Total Liabilities	790,842	752,277	276,987	244,256	235,687	278,320
Common Stock	12,353	12,300	11,626	11,535	11,433	11,322
Additional Paid-In Capital	587,965	587,912	21,541	21,449	29,486	29,375
Retained Earnings	266,311	263,416	232,706	229,535	221,256	205,714
Treasury Stock	-2,938	-3,402	-5,315	-5,314	-5,313	-5,312
Comprehensive Income & Other	12,751	15,592	21,544	24,375	21,484	19,204
Total Common Equity	876,442	875,818	282,102	281,580	278,346	260,303
Minority Interest	21,103	19,886	24,273	23,715	25,797	23,740
Shareholders' Equity	897,545	895,704	306,375	305,295	304,143	284,043
Total Liabilities & Equity	1,688,387	1,647,981	583,362	549,551	539,830	562,363
Total Debt	202,423	208,487	63,764	50,039	54,863	55,520
Net Cash (Debt)	28,191	-6,357	28,975	8,649	24,187	71,506
Net Cash Growth	130.09%	-	235.01%	-64.24%	-66.17%	-8.08%
Net Cash Per Share	80.89	-21.47	118.81	35.41	99.30	293.66
Filing Date Shares Outstanding	453.21	453.12	243.38	243.21	243.01	242.83
Total Common Shares Outstanding	453.21	452.98	243.33	243.16	243.01	242.77
Working Capital	161,428	131,843	96,165	92,120	110,973	114,901
Book Value Per Share	1933.84	1933.47	1159.34	1158.02	1145.42	1072.24
Tangible Book Value	413,162	406,161	253,807	252,243	243,336	222,278
Tangible Book Value Per Share	911.63	896.65	1043.05	1037.37	1001.35	915.60