Mullion Balance Sheet

Financials in millions JPY. Fiscal year is October - September.

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	2,009	1,854	1,481	1,471	849	690
Cash & Short-Term Investments	2,009	1,854	1,481	1,471	849	690
Cash Growth	35.84%	25.19%	0.68%	73.26%	23.04%	-49.45%
Other Receivables	-	-	-	88	-	106
Receivables	-	-	-	88	-	106
Inventory	776	782	1,760	909	1,283	1,300
Prepaid Expenses	-	24	22	21	22	24
Other Current Assets	39	7	10	7	9	19
Total Current Assets	2,824	2,667	3,273	2,496	2,163	2,139
Property, Plant & Equipment	16,378	15,758	15,272	15,969	12,922	13,540
Long-Term Investments	258	239	206	192	186	216
Other Intangible Assets	90	94	32	45	68	92
Other Long-Term Assets	1	2	2	2	1	2
Total Assets	19,587	18,797	18,822	18,741	15,378	16,027
Accounts Payable	-	1	-	-	1	-
Accrued Expenses	3	85	83	79	68	61
Short-Term Debt	1,730	946	753	1,083	579	1,170
Current Portion of Long-Term Debt	545	548	341	365	258	252
Current Income Taxes Payable	-	280	346	98	172	91
Other Current Liabilities	358	144	146	144	291	1,115
Total Current Liabilities	2,636	2,004	1,669	1,769	1,369	2,689
Long-Term Debt	6,779	6,849	7,639	8,091	5,782	6,050
Long-Term Leases	-	-	-	1	1	2
Long-Term Deferred Tax Liabilities	60	61	54	48	34	41
Other Long-Term Liabilities	5,358	5,116	5,131	4,829	4,315	3,392
Total Liabilities	14,833	14,030	14,493	14,738	11,501	12,174
Common Stock	1,387	1,387	1,387	1,387	1,387	1,387
Additional Paid-In Capital	1,141	1,141	1,140	1,140	1,140	1,140
Retained Earnings	2,219	2,231	1,812	1,491	1,365	1,342
Treasury Stock	-38	-38	-39	-41	-40	-40
Comprehensive Income & Other	45	46	29	26	25	24
Shareholders' Equity	4,754	4,767	4,329	4,003	3,877	3,853
Total Liabilities & Equity	19,587	18,797	18,822	18,741	15,378	16,027
Total Debt	9,054	8,343	8,733	9,540	6,620	7,474
Net Cash (Debt)	-7,045	-6,489	-7,252	-8,069	-5,771	-6,784
Net Cash Per Share	-892.35	-821.94	-919.22	-5154.14	-3686.27	-4333.33
Filing Date Shares Outstanding	7.84	7.84	7.83	1.57	1.57	1.57
Total Common Shares Outstanding	7.84	7.84	7.83	1.57	1.57	1.57
Working Capital	188	663	1,604	727	794	-550
Book Value Per Share	606.57	608.23	553.03	2556.96	2476.46	2461.13
Tangible Book Value	4,664	4,673	4,297	3,958	3,809	3,761
Tangible Book Value Per Share	595.09	596.24	548.94	2528.21	2433.03	2402.37

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