Chuetsu Pulp & Paper 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	4,584	9,005	10,670	8,110	14,861	15,575
Cash & Short-Term Investments	4,584	9,005	10,670	8,110	14,861	15,575
Cash Growth	-21.17%	-15.60%	31.57%	-45.43%	-4.58%	115.66%
Receivables	29,682	26,087	28,455	27,314	22,718	21,284
Inventory	17,790	17,186	16,602	16,097	13,155	13,325
Other Current Assets	2,627	2,334	2,212	2,422	2,567	2,857
Total Current Assets	54,683	54,612	57,939	53,943	53,301	53,041
Property, Plant & Equipment	50,257	50,894	54,152	52,080	52,688	54,293
Long-Term Investments	14,162	11,909	11,161	9,856	8,668	8,188
Other Intangible Assets	249	192	274	291	386	246
Long-Term Deferred Tax Assets	-	1,759	2,187	2,761	2,554	2,680
Long-Term Deferred Charges	-	-	58	38	20	-
Other Long-Term Assets	3,252	2	2	2	2	2
Total Assets	122,603	121,888	128,923	122,751	122,029	123,490
Accounts Payable	17,897	16,928	17,644	15,548	12,979	11,802
Accrued Expenses	177	572	560	528	512	466
Short-Term Debt	23,157	28,603	24,774	26,175	27,328	30,568
Current Portion of Leases	-	32	26	29	23	29
Current Income Taxes Payable	72	569	1,137	482	493	133
Other Current Liabilities	6,478	5,399	6,263	4,477	5,234	4,427
Total Current Liabilities	47,781	52,103	50,404	47,239	46,569	47,425
Long-Term Debt	11,823	8,494	16,862	17,757	20,442	22,796
Long-Term Leases	-	65	29	52	60	52
Pension & Post-Retirement Benefits	5,136	5,057	5,742	5,734	5,631	5,598
Other Long-Term Liabilities	233	229	285	337	709	165
Total Liabilities	64,973	65,948	73,322	71,119	73,411	76,036
Common Stock	18,864	18,864	18,864	18,864	18,864	18,864
Additional Paid-In Capital	16,260	16,253	16,253	16,253	16,253	16,253
Retained Earnings	19,440	19,267	18,347	15,422	12,905	11,929
Treasury Stock	-993	-1,014	-409	-408	-7	-7
Comprehensive Income & Other	5,025	3,515	2,546	1,483	568	368
Total Common Equity	58,596	56,885	55,601	51,614	48,583	47,407
Minority Interest	-966	-945	-	18	35	47
Shareholders' Equity	57,630	55,940	55,601	51,632	48,618	47,454
Total Liabilities & Equity	122,603	121,888	128,923	122,751	122,029	123,490
Total Debt	34,980	37,194	41,691	44,013	47,853	53,445
Net Cash (Debt)	-30,396	-28,189	-31,021	-35,903	-32,992	-37,870
Net Cash Per Share	-2419.02	-2187.40	-2395.63	-2695.62	-2471.31	-2836.49
Filing Date Shares Outstanding	12.57	12.55	12.95	12.95	13.35	13.35
Total Common Shares Outstanding	12.57	12.55	12.95	12.95	13.35	13.35
Working Capital	6,902	2,509	7,535	6,704	6,732	5,616
Book Value Per Share	4663.27	4533.01	4293.62	3985.57	3639.07	3550.86
Tangible Book Value	58,347	56,693	55,327	51,323	48,197	47,161
Tangible Book Value Per Share	4643.45	4517.71	4272.46	3963.10	3610.16	3532.43

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