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	Sep '25 Sep 30, 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	1,119	1,502	1,228	1,009	1,931	1,206
Cash & Short-Term Investments	1,119	1,502	1,228	1,009	1,931	1,206
Cash Growth	-12.37%	22.31%	21.70%	-47.75%	60.12%	30.52%
Accounts Receivable	180	95	92	59	40	45
Other Receivables	-	-	-	-	-	43
Receivables	180	95	92	59	40	88
Inventory	35	4	3	39	-	-
Other Current Assets	23	6	19	97	11	20
Total Current Assets	1,357	1,607	1,342	1,204	1,982	1,314
Property, Plant & Equipment	4,143	4,227	4,410	4,652	3,863	3,846
Long-Term Investments	168	166	166	165	166	165
Goodwill	200	-	-	-	-	-
Other Intangible Assets	89	89	89	85	86	86
Other Long-Term Assets	2	1	1	2	2	1
Total Assets	5,969	6,090	6,008	6,108	6,099	5,412
Accounts Payable	121	37	36	30	20	16
Accrued Expenses	6	5	5	5	1	1
Current Portion of Long-Term Debt	198	195	193	150	118	146
Current Income Taxes Payable	112	125	154	242	93	157
Other Current Liabilities	81	113	104	56	46	58
Total Current Liabilities	518	475	492	483	278	378
Long-Term Debt	305	405	600	788	939	1,024
Long-Term Deferred Tax Liabilities	44	42	20	39	52	45
Other Long-Term Liabilities	248	245	168	166	248	249
Total Liabilities	1,115	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	493	568	376	280	229	252
Treasury Stock	-3	-3	-2	-2	-2	-2
Comprehensive Income & Other	29	23	19	19	21	19
Total Common Equity	4,854	4,923	4,728	4,632	4,582	3,716
Shareholders' Equity	4,854	4,923	4,728	4,632	4,582	3,716
Total Liabilities & Equity	5,969	6,090	6,008	6,108	6,099	5,412
Total Debt	503	600	793	938	1,057	1,170
Net Cash (Debt)	616	902	435	71	874	36
Net Cash Growth	4.76%	107.36%	512.68%	-91.88%	2327.78%	-78.82%
Net Cash Per Share	23.11	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	839	1,132	850	721	1,704	936
Book Value Per Share	183.51	186.11	178.72	175.07	173.18	174.00
Tangible Book Value	4,565	4,834	4,639	4,547	4,496	3,630
Tangible Book Value Per Share	172.59	182.75	175.36	171.86	169.93	169.98

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