Ad-Sol Nissin 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	3,022	2,887	3,759	3,391	2,806	1,675
Cash & Short-Term Investments	3,022	2,887	3,759	3,391	2,806	1,675
Cash Growth	-12.47%	-23.20%	10.85%	20.85%	67.52%	515.17%
Accounts Receivable	4,061	3,138	2,897	2,523	2,069	3,616
Receivables	4,061	3,138	2,897	2,523	2,069	3,616
Inventory	15	54	5	142	85	106
Prepaid Expenses	-	137	129	85	78	89
Other Current Assets	125	463	451	103	117	3
Total Current Assets	7,223	6,679	7,241	6,244	5,155	5,489
Property, Plant & Equipment	681	704	633	611	626	615
Long-Term Investments	2,408	2,122	1,717	1,782	1,556	1,273
Other Intangible Assets	227	313	429	534	511	449
Long-Term Deferred Tax Assets	-	65	180	165	220	313
Other Long-Term Assets	2	2	1	2	1	2
Total Assets	10,541	9,885	10,201	9,338	8,069	8,141
Accounts Payable	676	667	624	554	484	583
Accrued Expenses	178	507	525	457	351	395
Current Portion of Long-Term Debt	-	-	-	-	-	87
Current Income Taxes Payable	832	946	999	784	384	828
Other Current Liabilities	320	95	151	150	132	136
Total Current Liabilities	2,006	2,215	2,299	1,945	1,351	2,029
Pension & Post-Retirement Benefits	607	583	599	704	738	769
Other Long-Term Liabilities	35	14	14	14	13	13
Total Liabilities	2,648	2,812	2,912	2,663	2,102	2,811
Common Stock	575	575	575	571	571	552
Additional Paid-In Capital	281	280	437	433	420	400
Retained Earnings	6,359	5,769	5,717	5,085	4,579	4,137
Treasury Stock	-401	-412	-41	-41	-56	-56
Comprehensive Income & Other	1,079	861	601	627	453	297
Shareholders' Equity	7,893	7,073	7,289	6,675	5,967	5,330
Total Liabilities & Equity	10,541	9,885	10,201	9,338	8,069	8,141
Total Debt	-	-	-	-	-	87
Net Cash (Debt)	3,022	2,887	3,759	3,391	2,806	1,588
Net Cash Growth	-12.47%	-23.20%	10.85%	20.85%	76.70%	495.32%
Net Cash Per Share	168.62	154.60	199.10	180.03	149.40	84.59
Filing Date Shares Outstanding	17.47	17.46	18.59	18.63	18.57	18.51
Total Common Shares Outstanding	17.47	17.46	18.64	18.63	18.57	18.5
Working Capital	5,217	4,464	4,942	4,299	3,804	3,460
Book Value Per Share	451.74	405.10	391.12	358.36	321.29	288.08
Tangible Book Value	7,666	6,760	6,860	6,141	5,456	4,881
Tangible Book Value Per Share	438.75	387.18	368.10	329.69	293.77	263.81
Order Backlog	-	3,246	3,327	2,611	2,293	2,149

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