Nichiban Balance Sheet

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	13,730	14,663	13,405	15,108	14,200
Short-Term Investments	398	-	-	-	-
Cash & Short-Term Investments	14,128	14,663	13,405	15,108	14,200
Cash Growth	-3.65%	9.38%	-11.27%	6.39%	2.16%
Receivables	15,174	15,161	15,323	14,812	13,405
Inventory	9,303	9,466	9,277	8,730	7,546
Other Current Assets	586	466	634	623	591
Total Current Assets	39,191	39,756	38,639	39,273	35,742
Property, Plant & Equipment	21,172	20,943	22,838	23,467	22,157
Long-Term Investments	5,375	4,958	4,437	3,862	3,872
Other Intangible Assets	515	648	985	1,233	1,269
Long-Term Deferred Tax Assets	1,053	1,296	1,139	1,286	1,385
Other Long-Term Assets	1	2	1	2	2
Total Assets	67,307	67,603	68,039	69,123	64,427
Accounts Payable	9,402	11,344	11,646	11,707	9,670
Accrued Expenses	2,984	2,616	2,503	2,626	2,538
Short-Term Debt	562	307	632	1,971	857
Current Portion of Long-Term Debt	2,000	-	-	-	-
Current Portion of Leases	63	44	48	52	58
Current Income Taxes Payable	1,111	1,482	970	1,765	1,874
Other Current Liabilities	1,085	1,247	1,081	1,057	1,202
Total Current Liabilities	17,207	17,040	16,880	19,178	16,199
Long-Term Debt	-	2,000	2,000	2,000	2,000
Long-Term Leases	108	80	82	90	94
Pension & Post-Retirement Benefits	1,882	1,798	3,788	3,725	3,659
Other Long-Term Liabilities	3,785	3,499	3,586	3,527	3,515
Total Liabilities	22,982	24,417	26,336	28,520	25,467
Common Stock	5,451	5,451	5,451	5,451	5,451
Additional Paid-In Capital	4,188	4,188	4,186	4,186	4,186
Retained Earnings	33,419	32,480	31,233	30,127	28,377
Treasury Stock	-985	-642	-652	-203	-15
Comprehensive Income & Other	2,252	1,709	1,485	1,042	961
Shareholders' Equity	44,325	43,186	41,703	40,603	38,960
Total Liabilities & Equity	67,307	67,603	68,039	69,123	64,427
Total Debt	2,733	2,431	2,762	4,113	3,009
Net Cash (Debt)	11,395	12,232	10,643	10,995	11,191
Net Cash Growth	-6.84%	14.93%	-3.20%	-1.75%	2.35%
Net Cash Per Share	559.89	600.73	518.22	531.63	540.08
Filing Date Shares Outstanding	20.3	20.36	20.35	20.61	20.72
Total Common Shares Outstanding	20.3	20.36	20.35	20.61	20.72
Working Capital	21,984	22,716	21,759	20,095	19,543
Book Value Per Share	2183.16	2121.38	2049.13	1969.90	1880.20
Tangible Book Value	43,810	42,538	40,718	39,370	37,691
Tangible Book Value Per Share	2157.80	2089.55	2000.73	1910.08	1818.96