BENEFIT JAPAN 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	3,714	4,229	3,132	2,622	2,824	1,415
Cash & Short-Term Investments	3,714	4,229	3,132	2,622	2,824	1,415
Cash Growth	-1.77%	35.03%	19.45%	-7.15%	99.58%	21.56%
Receivables	7,695	6,226	6,622	6,039	6,053	6,300
Inventory	719	361	338	543	392	276
Other Current Assets	169	229	86	105	80	39
Total Current Assets	12,297	11,045	10,178	9,309	9,349	8,030
Property, Plant & Equipment	216	182	257	241	75	50
Long-Term Investments	563	232	254	244	191	145
Goodwill	180	20	91	109	182	255
Other Intangible Assets	178	158	108	94	68	54
Long-Term Deferred Tax Assets	-	178	269	139	152	127
Other Long-Term Assets	1	2	1	2	1	2
Total Assets	13,435	11,861	11,202	10,182	10,062	8,707
Accounts Payable	330	306	264	255	268	237
Accrued Expenses	153	107	139	87	99	91
Short-Term Debt	630	400	850	800	2,000	1,800
Current Portion of Long-Term Debt	258	290	321	349	60	60
Current Portion of Leases	6	2	2	-	-	-
Current Income Taxes Payable	1,569	1,007	1,226	857	1,054	1,034
Other Current Liabilities	881	437	517	215	281	203
Total Current Liabilities	3,827	2,549	3,319	2,563	3,762	3,425
Long-Term Debt	1,105	1,285	581	895	90	150
Long-Term Leases	19	4	6	-	1	1
Other Long-Term Liabilities	80	83	50	54	54	23
Total Liabilities	5,031	3,921	3,956	3,512	3,907	3,599
Common Stock	664	658	656	652	648	625
Additional Paid-In Capital	287	281	280	275	271	249
Retained Earnings	7,597	7,137	6,424	5,743	5,235	4,233
Treasury Stock	-159	-152	-116	-	-	-
Comprehensive Income & Other	15	16	2	-	1	1
Shareholders' Equity	8,404	7,940	7,246	6,670	6,155	5,108
Total Liabilities & Equity	13,435	11,861	11,202	10,182	10,062	8,707
Total Debt	2,018	1,981	1,760	2,044	2,151	2,011
Net Cash (Debt)	1,696	2,248	1,372	578	673	-596
Net Cash Growth	-1.51%	63.85%	137.37%	-14.12%	-	-
Net Cash Per Share	287.72	381.48	230.47	96.44	112.46	-99.93
Filing Date Shares Outstanding	5.87	5.87	5.89	5.96	5.95	5.92
Total Common Shares Outstanding	5.87	5.87	5.89	5.96	5.95	5.92
Working Capital	8,470	8,496	6,859	6,746	5,587	4,605
Book Value Per Share	1430.88	1351.93	1230.12	1119.02	1034.85	863.13
Tangible Book Value	8,046	7,762	7,047	6,467	5,905	4,799
Tangible Book Value Per Share	1369.93	1321.62	1196.33	1084.97	992.82	810.91

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