The Pack Corporation Balance Sheet

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	22,355	24,061	15,167	16,322	16,163	15,077
Short-Term Investments	1,500	2,000	8,499	8,100	12,500	12,006
Cash & Short-Term Investments	23,855	26,061	23,666	24,422	28,663	27,083
Cash Growth	2.66%	10.12%	-3.10%	-14.80%	5.83%	21.27%
Receivables	18,259	24,777	25,334	24,642	23,871	20,990
Inventory	10,105	9,443	9,367	9,077	8,155	6,429
Other Current Assets	1,527	1,386	1,676	939	795	936
Total Current Assets	53,746	61,667	60,043	59,080	61,484	55,438
Property, Plant & Equipment	30,290	30,352	30,166	27,401	23,729	22,658
Long-Term Investments	7,837	7,758	9,587	9,579	7,685	8,266
Other Intangible Assets	4,464	4,310	3,384	2,679	1,044	643
Long-Term Deferred Tax Assets	106	123	110	106	421	416
Other Long-Term Assets	2	2	2	2	2	1
Total Assets	96,445	104,212	103,292	98,847	94,365	87,422
Accounts Payable	13,916	19,607	21,115	21,154	21,059	17,756
Accrued Expenses	814	359	414	374	336	299
Current Portion of Long-Term Debt	128	128	33	25	25	25
Current Income Taxes Payable	538	1,510	1,774	1,397	1,349	991
Other Current Liabilities	3,067	4,316	4,430	3,655	3,285	3,208
Total Current Liabilities	18,463	25,920	27,766	26,605	26,054	22,279
Long-Term Debt	297	334	49	9	34	60
Pension & Post-Retirement Benefits	305	306	335	343	2,294	2,434
Long-Term Deferred Tax Liabilities	544	623	620	664	431	440
Other Long-Term Liabilities	33	34	38	71	182	179
Total Liabilities	19,642	27,217	28,808	27,692	28,995	25,392
Common Stock	2,553	2,553	2,553	2,553	2,553	2,553
Additional Paid-In Capital	3,168	3,164	3,161	3,156	3,166	3,164
Retained Earnings	72,580	72,954	69,259	64,975	60,654	57,640
Treasury Stock	-4,464	-4,485	-3,536	-2,593	-2,661	-2,704
Comprehensive Income & Other	2,966	2,809	3,047	3,064	1,658	1,364
Total Common Equity	76,803	76,995	74,484	71,155	65,370	62,017
Minority Interest	-	-	-	-	-	13
Shareholders' Equity	76,803	76,995	74,484	71,155	65,370	62,030
Total Liabilities & Equity	96,445	104,212	103,292	98,847	94,365	87,422
Total Debt	425	462	82	34	59	85
Net Cash (Debt)	23,430	25,599	23,584	24,388	28,604	26,998
Net Cash Growth	3.63%	8.54%	-3.30%	-14.74%	5.95%	21.05%
Net Cash Per Share	417.89	455.02	414.91	426.96	501.30	473.28
Filing Date Shares Outstanding	55.6	55.58	56.34	57.12	57.03	56.99
Total Common Shares Outstanding	55.6	55.58	56.34	57.1	57.03	56.99
Working Capital	35,283	35,747	32,277	32,475	35,430	33,159
Book Value Per Share	1381.28	1385.20	1321.93	1246.24	1146.28	1088.30
Tangible Book Value	72,339	72,685	71,100	68,476	64,326	61,374
Tangible Book Value Per Share	1300.99	1307.66	1261.87	1199.32	1127.97	1077.02
Order Backlog	-	7,379	7,933	8,666	9,440	9,782