KEIWA 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	10,791	7,881	9,936	7,148	6,287	9,027
Short-Term Investments	1,497	1,498	1,499	1,500	4,000	-
Cash & Short-Term Investments	12,288	9,379	11,435	8,648	10,287	9,027
Cash Growth	22.25%	-17.98%	32.23%	-15.93%	13.96%	126.07%
Receivables	3,734	5,140	4,309	4,932	4,459	5,313
Inventory	2,381	2,090	1,918	1,971	2,262	2,507
Other Current Assets	564	1,145	1,241	786	916	1,151
Total Current Assets	18,967	17,754	18,903	16,337	17,924	17,998
Property, Plant & Equipment	11,638	12,391	12,190	12,146	10,462	10,121
Long-Term Investments	272	246	216	208	199	235
Other Intangible Assets	292	313	383	469	525	84
Long-Term Deferred Tax Assets	-	240	317	105	221	331
Other Long-Term Assets	2	2	-	2	1	2
Total Assets	31,171	30,946	32,009	29,267	29,332	28,771
Accounts Payable	2,055	2,094	2,360	2,481	2,457	3,530
Accrued Expenses	129	-	-	-	-	-
Short-Term Debt	377	85	385	451	189	2,254
Current Portion of Long-Term Debt	758	780	1,566	1,172	1,244	1,373
Current Income Taxes Payable	858	1,207	2,023	1,255	2,316	1,853
Other Current Liabilities	568	436	667	483	450	528
Total Current Liabilities	4,745	4,602	7,001	5,842	6,656	9,538
Long-Term Debt	1,092	1,290	1,526	2,714	3,398	4,642
Pension & Post-Retirement Benefits	240	237	247	241	241	259
Other Long-Term Liabilities	963	953	279	113	130	186
Total Liabilities	7,040	7,082	9,053	8,910	10,425	14,625
Common Stock	3,889	3,889	3,889	3,881	3,871	3,864
Additional Paid-In Capital	3,658	3,658	3,658	3,649	3,640	3,633
Retained Earnings	16,241	16,107	14,514	12,205	10,944	6,324
Treasury Stock	-944	-944	-	-	-	-
Comprehensive Income & Other	1,287	1,154	895	622	452	325
Shareholders' Equity	24,131	23,864	22,956	20,357	18,907	14,146
Total Liabilities & Equity	31,171	30,946	32,009	29,267	29,332	28,771
Total Debt	2,227	2,155	3,477	4,337	4,831	8,269
Net Cash (Debt)	10,061	7,224	7,958	4,311	5,456	758
Net Cash Growth	38.39%	-9.22%	84.60%	-20.99%	619.79%	-
Net Cash Per Share	543.97	388.70	412.77	223.76	283.37	42.67
Filing Date Shares Outstanding	18.5	18.5	18.48	19.27	19.26	19.25
Total Common Shares Outstanding	18.5	18.5	19.28	19.27	19.26	19.23
Working Capital	14,222	13,152	11,902	10,495	11,268	8,460
Book Value Per Share	1304.69	1290.26	1190.43	1056.42	981.83	735.58
Tangible Book Value	23,839	23,551	22,573	19,888	18,382	14,062
Tangible Book Value Per Share	1288.91	1273.33	1170.57	1032.08	954.57	731.21
Order Backlog	-	2,061	2,505	4,602	2,932	3,576