Blue Zones Holdings 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	53,846	50,226	48,079	45,777	31,268	32,080
Short-Term Investments	-	-	100	-	-	-
Cash & Short-Term Investments	53,846	50,226	48,179	45,777	31,268	32,080
Cash Growth	2.36%	4.25%	5.25%	46.40%	-2.53%	31.81%
Receivables	21,206	12,732	10,721	8,608	8,255	7,044
Inventory	15,916	13,317	10,957	10,054	9,423	8,370
Other Current Assets	20,608	16,708	16,278	12,186	11,357	10,597
Total Current Assets	111,576	92,983	86,135	76,625	60,303	58,091
Property, Plant & Equipment	254,624	235,431	204,711	192,581	198,633	169,634
Long-Term Investments	-	30,375	35,696	34,034	32,020	25,353
Goodwill	6,141	-	-	-	-	1,015
Other Intangible Assets	7,632	6,092	5,643	6,184	6,512	7,015
Long-Term Deferred Tax Assets	9,229	9,824	9,029	7,850	7,555	7,019
Long-Term Deferred Charges	-	-	1	11	20	29
Other Long-Term Assets	36,698	2	2	1	2	4
Total Assets	425,900	376,206	342,409	318,231	305,997	269,121
Accounts Payable	64,613	46,671	40,410	35,293	34,069	31,314
Accrued Expenses	2,016	3,266	2,980	2,887	2,733	2,611
Short-Term Debt	800	900	-	-	-	-
Current Portion of Long-Term Debt	25,732	4,919	7,632	4,288	4,671	12,639
Current Portion of Leases	-	375	328	328	273	208
Current Income Taxes Payable	6,432	5,492	5,733	4,625	4,712	4,138
Other Current Liabilities	28,383	28,688	25,788	19,797	18,484	18,377
Total Current Liabilities	127,976	90,311	82,871	67,218	64,942	69,287
Long-Term Debt	57,639	69,453	64,556	83,495	87,798	60,484
Long-Term Leases	-	5,201	5,086	5,114	4,510	3,712
Pension & Post-Retirement Benefits	5,626	4,494	4,248	4,465	4,362	4,295
Long-Term Deferred Tax Liabilities	1,148	1,165	1,123	1,155	1,106	1,145
Other Long-Term Liabilities	26,660	19,651	16,623	15,171	14,450	13,572
Total Liabilities	219,049	190,275	174,507	176,618	177,168	152,495
Common Stock	9,846	9,846	9,846	4,199	4,199	4,199
Additional Paid-In Capital	14,259	14,260	12,806	7,160	7,160	7,017
Retained Earnings	186,993	167,577	152,493	137,713	125,180	113,716
Treasury Stock	-8,340	-8,342	-4,787	-4,817	-4,888	-4,767
Comprehensive Income & Other	-2,167	-2,237	-2,456	-2,642	-2,822	-3,539
Total Common Equity	200,591	181,104	167,902	141,613	128,829	116,626
Minority Interest	6,260	4,827	-	-	-	-
Shareholders' Equity	206,851	185,931	167,902	141,613	128,829	116,626
Total Liabilities & Equity	425,900	376,206	342,409	318,231	305,997	269,121
Total Debt	84,171	80,848	77,602	93,225	97,252	77,043
Net Cash (Debt)	-30,325	-30,622	-29,423	-47,448	-65,984	-44,963
Net Cash Per Share	-744.05	-748.70	-711.53	-1147.86	-1596.98	-1088.56
Filing Date Shares Outstanding	40.72	40.72	40.74	38.85	38.84	38.83
Total Common Shares Outstanding	40.72	40.72	40.74	38.85	38.84	38.83
Working Capital	-16,400	2,672	3,264	9,407	-4,639	-11,196
Book Value Per Share	4926.47	4447.91	4121.54	3644.95	3317.02	3003.15
Tangible Book Value	186,818	175,012	162,259	135,429	122,317	108,596
Tangible Book Value Per Share	4588.21	4298.29	3983.02	3485.78	3149.35	2796.38

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