Tsuruha Holdings Balance Sheet

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	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	201,309	92,739	58,688	79,050	127,026
Short-Term Investments	821	-	-	-	-
Cash & Short-Term Investments	202,130	92,739	58,688	79,050	127,026
Cash Growth	117.96%	58.02%	-25.76%	-37.77%	9.01%
Accounts Receivable	122,378	41,107	47,504	43,933	49,155
Receivables	122,378	41,107	47,504	43,934	49,156
Inventory	308,606	149,194	147,173	140,741	132,435
Other Current Assets	46,295	19,771	20,117	21,564	19,897
Total Current Assets	679,409	302,811	273,482	285,289	328,514
Property, Plant & Equipment	313,705	137,942	131,621	108,620	91,299
Long-Term Investments	24,845	107,680	108,652	104,498	97,867
Goodwill	454,593	19,773	21,944	30,069	34,281
Other Intangible Assets	15,063	8,522	7,393	4,941	3,744
Long-Term Deferred Tax Assets	36,384	6,632	6,458	6,404	6,647
Other Long-Term Assets	123,982	2	1	1	2
Total Assets	1,647,981	583,362	549,551	539,830	562,363
Accounts Payable	375,592	139,398	114,143	108,177	155,660
Accrued Expenses	14,247	7,133	7,431	6,976	6,676
Short-Term Debt	-	5,000	-	-	-
Current Portion of Long-Term Debt	41,389	4,950	7,200	10,350	7,200
Current Portion of Leases	12,302	1,896	1,437	1,053	551
Current Income Taxes Payable	25,437	16,913	28,209	27,952	25,625
Current Unearned Revenue	20,779	-	-	-	-
Other Current Liabilities	57,820	31,356	22,942	19,808	17,901
Total Current Liabilities	547,566	206,646	181,362	174,316	213,613
Long-Term Debt	98,864	27,925	25,075	29,125	39,475
Long-Term Leases	55,932	23,993	16,327	14,335	8,294
Pension & Post-Retirement Benefits	10,397	1,324	3,014	3,033	4,119
Long-Term Deferred Tax Liabilities	911	2,279	6,235	6,254	5,204
Other Long-Term Liabilities	38,606	14,820	12,243	8,624	7,615
Total Liabilities	752,276	276,987	244,256	235,687	278,320
Common Stock	12,300	11,626	11,535	11,433	11,322
Additional Paid-In Capital	587,912	21,541	21,449	29,486	29,375
Retained Earnings	263,416	232,706	229,535	221,256	205,714
Treasury Stock	-3,402	-5,315	-5,314	-5,313	-5,312
Comprehensive Income & Other	15,593	21,544	24,375	21,484	19,204
Total Common Equity	875,819	282,102	281,580	278,346	260,303
Minority Interest	19,886	24,273	23,715	25,797	23,740
Shareholders' Equity	895,705	306,375	305,295	304,143	284,043
Total Liabilities & Equity	1,647,981	583,362	549,551	539,830	562,363
Total Debt	208,487	63,764	50,039	54,863	55,520
Net Cash (Debt)	-6,357	28,975	8,649	24,187	71,506
Net Cash Growth	-	235.01%	-64.24%	-66.17%	-8.08%
Net Cash Per Share	-21.47	118.81	35.41	99.30	293.66
Filing Date Shares Outstanding	452.98	243.38	243.21	243.01	242.83
Total Common Shares Outstanding	452.98	243.33	243.16	243.01	242.77
Working Capital	131,843	96,165	92,120	110,973	114,901
Book Value Per Share	1933.47	1159.34	1158.02	1145.42	1072.24
Tangible Book Value	406,163	253,807	252,243	243,336	222,278
Tangible Book Value Per Share	896.65	1043.05	1037.37	1001.35	915.60
Land	39,724	-	-	-	-
Buildings	354,073	-	-	-	-
Machinery	112,321	-	-	-	-
Construction In Progress	3,035	-	-	-	-

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