Thermae-Yu Holdings 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	1,248	1,502	1,228	1,009	1,931	1,206
Cash & Short-Term Investments	1,248	1,502	1,228	1,009	1,931	1,206
Cash Growth	-10.07%	22.31%	21.70%	-47.75%	60.12%	30.52%
Accounts Receivable	223.63	95	92	59	40	45
Other Receivables	-	-	-	-	-	43
Receivables	223.63	95	92	59	40	88
Inventory	37.03	4	3	39	-	-
Other Current Assets	19.78	6	19	97	11	20
Total Current Assets	1,529	1,607	1,342	1,204	1,982	1,314
Property, Plant & Equipment	4,078	4,227	4,410	4,652	3,863	3,846
Long-Term Investments	0.6	166	166	165	166	165
Goodwill	193.88	-	-	-	-	-
Other Intangible Assets	88.22	89	89	85	86	86
Other Long-Term Assets	168.28	1	1	2	2	1
Total Assets	6,069	6,090	6,008	6,108	6,099	5,412
Accounts Payable	180.92	37	36	30	20	16
Accrued Expenses	3.94	5	5	5	1	1
Current Portion of Long-Term Debt	197.73	195	193	150	118	146
Current Income Taxes Payable	37.44	125	154	242	93	157
Other Current Liabilities	140.83	113	104	56	46	58
Total Current Liabilities	578.7	475	492	483	278	378
Long-Term Debt	273.78	405	600	788	939	1,024
Long-Term Deferred Tax Liabilities	41.31	42	20	39	52	45
Other Long-Term Liabilities	245.31	245	168	166	248	249
Total Liabilities	1,139	1,167	1,280	1,476	1,517	1,696
Common Stock	100	100	100	100	543	100
Additional Paid-In Capital	4,235	4,235	4,235	4,235	3,791	3,347
Retained Earnings	562.46	568	376	280	229	252
Treasury Stock	-3.36	-3	-2	-2	-2	-2
Comprehensive Income & Other	35.01	23	19	19	21	19
Total Common Equity	4,929	4,923	4,728	4,632	4,582	3,716
Shareholders' Equity	4,929	4,923	4,728	4,632	4,582	3,716
Total Liabilities & Equity	6,069	6,090	6,008	6,108	6,099	5,412
Total Debt	471.52	600	793	938	1,057	1,170
Net Cash (Debt)	776.81	902	435	71	874	36
Net Cash Growth	6.73%	107.36%	512.68%	-91.88%	2327.78%	-78.82%
Net Cash Per Share	29.37	34.02	16.44	2.68	40.11	1.69
Filing Date Shares Outstanding	26.45	26.45	26.45	26.46	26.46	21.36
Total Common Shares Outstanding	26.45	26.45	26.45	26.46	26.46	21.36
Working Capital	950.07	1,132	850	721	1,704	936
Book Value Per Share	186.37	186.11	178.72	175.07	173.18	174.00
Tangible Book Value	4,647	4,834	4,639	4,547	4,496	3,630
Tangible Book Value Per Share	175.70	182.75	175.36	171.86	169.93	169.98

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