J-MAX 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	5,479	6,565	5,991	6,129	6,434	9,352
Cash & Short-Term Investments	5,479	6,565	5,991	6,129	6,434	9,352
Cash Growth	-8.62%	9.58%	-2.25%	-4.74%	-31.20%	-7.03%
Receivables	14,041	12,032	11,601	10,716	11,155	10,215
Inventory	4,625	4,758	3,640	4,581	4,552	3,177
Other Current Assets	3,402	2,025	971	921	830	703
Total Current Assets	27,547	25,380	22,203	22,347	22,971	23,447
Property, Plant & Equipment	28,434	28,879	27,101	24,301	21,650	19,850
Long-Term Investments	1,288	917	950	1,251	1,096	906
Other Intangible Assets	255	325	399	427	465	261
Long-Term Deferred Tax Assets	-	221	1,084	617	553	264
Other Long-Term Assets	1	2	1	2	1	1
Total Assets	57,525	55,724	51,738	48,945	46,736	44,729
Accounts Payable	8,700	6,250	6,760	5,832	6,965	6,342
Accrued Expenses	269	159	272	218	193	197
Short-Term Debt	10,788	12,601	9,061	8,937	6,298	6,970
Current Portion of Long-Term Debt	1,519	1,992	1,150	1,782	1,010	1,011
Current Portion of Leases	473	401	356	5	7	19
Current Income Taxes Payable	139	1,409	1,727	1,944	2,086	2,123
Other Current Liabilities	3,419	2,083	1,653	2,168	1,740	2,051
Total Current Liabilities	25,307	24,895	20,979	20,886	18,299	18,713
Long-Term Debt	10,253	9,253	6,646	4,239	5,938	6,951
Long-Term Leases	1,704	830	1,125	1	6	14
Pension & Post-Retirement Benefits	763	826	940	1,173	1,150	1,181
Long-Term Deferred Tax Liabilities	-	27	-	-	-	-
Other Long-Term Liabilities	284	286	293	279	263	249
Total Liabilities	38,311	36,117	29,983	26,578	25,656	27,108
Common Stock	1,950	1,950	1,950	1,950	1,950	1,950
Additional Paid-In Capital	2,051	2,225	2,136	2,136	2,003	1,952
Retained Earnings	8,478	7,700	11,110	12,335	11,202	9,349
Treasury Stock	-195	-282	-296	-75	-75	-75
Comprehensive Income & Other	5,268	6,349	5,006	4,067	3,130	1,412
Total Common Equity	17,552	17,942	19,906	20,413	18,210	14,588
Minority Interest	1,662	1,665	1,849	1,954	2,870	3,033
Shareholders' Equity	19,214	19,607	21,755	22,367	21,080	17,621
Total Liabilities & Equity	57,525	55,724	51,738	48,945	46,736	44,729
Total Debt	24,737	25,077	18,338	14,964	13,259	14,965
Net Cash (Debt)	-19,258	-18,512	-12,347	-8,835	-6,825	-5,613
Net Cash Per Share	-1678.86	-1614.94	-1075.90	-752.88	-581.59	-476.00
Filing Date Shares Outstanding	11.48	11.47	11.45	11.45	11.74	11.74
Total Common Shares Outstanding	11.48	11.47	11.45	11.74	11.74	11.74
Working Capital	2,240	485	1,224	1,461	4,672	4,734
Book Value Per Share	1528.79	1564.55	1739.15	1739.38	1551.66	1243.03
Tangible Book Value	17,297	17,617	19,507	19,986	17,745	14,327
Tangible Book Value Per Share	1506.58	1536.21	1704.29	1702.99	1512.04	1220.79
Order Backlog	-	3,594	4,295	3,861	4,851	3,937

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