TOCALO 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	18,114	14,483	16,905	16,912	17,110	16,227
Short-Term Investments	-	3,500	4,000	4,000	3,000	3,000
Cash & Short-Term Investments	18,114	17,983	20,905	20,912	20,110	19,227
Cash Growth	4.84%	-13.98%	-0.03%	3.99%	4.59%	13.84%
Receivables	15,793	14,757	13,565	12,457	12,172	10,561
Inventory	7,185	6,152	5,082	4,757	3,531	2,841
Other Current Assets	1,108	1,068	790	701	552	511
Total Current Assets	42,200	39,960	40,342	38,827	36,365	33,140
Property, Plant & Equipment	40,787	37,449	35,125	33,037	30,740	28,594
Long-Term Investments	-	3,288	1,927	1,606	1,588	1,577
Goodwill	234	313	-	-	-	-
Other Intangible Assets	398	244	257	235	231	264
Long-Term Deferred Tax Assets	-	420	288	557	592	606
Other Long-Term Assets	3,854	2	1	1	1	2
Total Assets	87,473	81,676	77,940	74,263	69,517	64,183
Accounts Payable	1,627	3,985	7,247	6,294	6,118	5,043
Accrued Expenses	859	4,283	3,223	3,486	3,303	2,847
Short-Term Debt	819	674	646	-	-	15
Current Portion of Long-Term Debt	1,814	1,258	1,297	1,447	1,447	1,765
Current Portion of Leases	-	55	46	43	13	22
Current Income Taxes Payable	510	2,797	1,458	2,225	2,049	2,172
Other Current Liabilities	7,317	454	391	777	404	329
Total Current Liabilities	12,946	13,506	14,308	14,272	13,334	12,193
Long-Term Debt	5,480	1,863	3,058	1,355	2,802	4,249
Long-Term Leases	-	25	56	94	23	18
Pension & Post-Retirement Benefits	500	472	468	839	853	789
Long-Term Deferred Tax Liabilities	-	-	61	-	-	-
Other Long-Term Liabilities	476	80	66	61	46	43
Total Liabilities	19,402	15,946	18,017	16,621	17,058	17,292
Common Stock	2,658	2,658	2,658	2,658	2,658	2,658
Additional Paid-In Capital	2,319	2,308	2,292	2,345	2,317	2,293
Retained Earnings	57,648	55,666	51,061	48,628	44,166	39,841
Treasury Stock	-1,911	-1,926	-1,946	-757	-766	-773
Comprehensive Income & Other	1,864	1,940	1,394	964	724	182
Total Common Equity	62,578	60,646	55,459	53,838	49,099	44,201
Minority Interest	5,493	5,084	4,464	3,804	3,360	2,690
Shareholders' Equity	68,071	65,730	59,923	57,642	52,459	46,891
Total Liabilities & Equity	87,473	81,676	77,940	74,263	69,517	64,183
Total Debt	8,113	3,875	5,103	2,939	4,285	6,069
Net Cash (Debt)	10,001	14,108	15,802	17,973	15,825	13,158
Net Cash Growth	-23.65%	-10.72%	-12.08%	13.57%	20.27%	51.40%
Net Cash Per Share	168.20	237.31	263.56	295.43	260.24	216.43
Filing Date Shares Outstanding	59.47	59.46	59.44	60.67	60.82	60.79
Total Common Shares Outstanding	59.47	59.46	59.44	60.85	60.82	60.79
Working Capital	29,254	26,454	26,034	24,555	23,031	20,947
Book Value Per Share	1052.28	1020.03	933.06	884.81	807.30	727.05
Tangible Book Value	61,946	60,089	55,202	53,603	48,868	43,937
Tangible Book Value Per Share	1041.66	1010.66	928.74	880.95	803.50	722.71
Order Backlog	-	11,349	9,260	8,349	7,896	6,143

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