Double Standard 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	4,882	5,346	4,461	4,160	3,136	2,629
Cash & Short-Term Investments	4,882	5,346	4,461	4,160	3,136	2,629
Cash Growth	5.56%	19.84%	7.24%	32.65%	19.29%	24.01%
Receivables	755	989	1,009	777	599	389
Inventory	46	13	30	44	155	33
Prepaid Expenses	58	13	23	15	8	7
Other Current Assets	2	41	8	3	53	54
Total Current Assets	5,743	6,402	5,531	4,999	3,951	3,112
Property, Plant & Equipment	615	628	418	77	83	37
Long-Term Investments	98	101	195	97	344	264
Goodwill	243	260	293	327	-	-
Other Intangible Assets	48	74	93	62	47	36
Long-Term Deferred Tax Assets	43	58	52	49	28	15
Other Long-Term Assets	2	3	2	2	2	1
Total Assets	6,792	7,526	6,584	5,613	4,455	3,465
Accounts Payable	343	401	324	312	358	323
Accrued Expenses	22	23	27	11	6	7
Current Income Taxes Payable	267	634	597	572	550	343
Other Current Liabilities	24	37	27	12	8	9
Total Current Liabilities	656	1,095	975	907	922	682
Pension & Post-Retirement Benefits	51	46	39	40	-	-
Long-Term Deferred Tax Liabilities	-	-	-	-	-	3
Other Long-Term Liabilities	3	3	3	2	1	-
Total Liabilities	710	1,144	1,017	949	923	685
Common Stock	263	263	263	263	263	263
Additional Paid-In Capital	142	142	253	253	253	253
Retained Earnings	5,771	6,071	5,032	4,057	2,974	2,265
Treasury Stock	-95	-95	-95	-2	-1	-
Comprehensive Income & Other	1	1	1	1	43	-1
Total Common Equity	6,082	6,382	5,454	4,572	3,532	2,780
Minority Interest	-	-	113	92	-	-
Shareholders' Equity	6,082	6,382	5,567	4,664	3,532	2,780
Total Liabilities & Equity	6,792	7,526	6,584	5,613	4,455	3,465
Net Cash (Debt)	4,882	5,346	4,461	4,160	3,136	2,629
Net Cash Growth	5.56%	19.84%	7.24%	32.65%	19.29%	24.01%
Net Cash Per Share	361.21	395.54	329.01	306.35	230.94	193.60
Filing Date Shares Outstanding	13.52	13.52	13.52	13.58	13.58	13.58
Total Common Shares Outstanding	13.52	13.52	13.52	13.58	13.58	13.58
Working Capital	5,087	5,307	4,556	4,092	3,029	2,430
Book Value Per Share	449.99	472.19	403.53	336.70	260.11	204.72
Tangible Book Value	5,791	6,048	5,068	4,183	3,485	2,744
Tangible Book Value Per Share	428.46	447.47	374.97	308.05	256.64	202.07

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.