Kao 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	274,840	323,282	357,713	291,663	268,248	336,069
Cash & Short-Term Investments	274,840	323,282	357,713	291,663	268,248	336,069
Cash Growth	-1.39%	-9.63%	22.65%	8.73%	-20.18%	-4.84%
Accounts Receivable	241,581	237,455	230,934	225,934	230,604	216,209
Other Receivables	6,682	13,300	12,610	5,186	4,171	2,508
Receivables	248,263	250,755	243,544	231,120	234,775	218,717
Inventory	300,297	292,366	274,628	263,815	278,382	228,070
Prepaid Expenses	-	13,812	13,757	11,327	10,957	9,559
Other Current Assets	46,807	25,677	24,383	19,184	14,844	17,377
Total Current Assets	870,207	905,892	914,025	817,109	807,206	809,792
Property, Plant & Equipment	548,491	556,298	539,888	546,815	577,954	572,666
Long-Term Investments	14,686	15,616	14,526	49,659	45,314	44,067
Goodwill	233,845	231,071	228,413	218,886	191,860	183,498
Other Intangible Assets	78,548	79,471	81,947	81,758	60,183	52,636
Long-Term Deferred Tax Assets	42,324	43,303	49,044	55,519	43,833	41,348
Other Long-Term Assets	43,058	43,403	39,394	-	-	-
Total Assets	1,831,159	1,875,054	1,867,237	1,769,746	1,726,350	1,704,007
Accounts Payable	261,997	172,998	172,907	235,513	243,767	229,086
Accrued Expenses	-	103,261	107,284	84,828	88,348	86,532
Short-Term Debt	-	823	724	14,017	648	848
Current Portion of Long-Term Debt	51,626	25,236	35,025	22	65,022	5,308
Current Portion of Leases	21,083	20,878	20,146	19,020	19,440	19,929
Current Income Taxes Payable	15,508	31,824	20,984	26,394	19,545	31,516
Current Unearned Revenue	41,430	43,342	43,878	-	-	-
Other Current Liabilities	103,370	119,833	108,652	80,140	49,854	48,678
Total Current Liabilities	495,014	518,195	509,600	459,934	486,624	421,897
Long-Term Debt	80,577	105,599	95,310	124,441	62,166	121,581
Long-Term Leases	87,563	90,606	94,123	103,572	115,614	121,016
Pension & Post-Retirement Benefits	35,577	36,686	39,460	40,451	38,738	29,843
Long-Term Deferred Tax Liabilities	10,894	10,829	9,754	8,679	6,858	5,830
Other Long-Term Liabilities	18,465	18,439	20,155	20,626	20,966	19,963
Total Liabilities	728,090	780,354	768,402	757,703	730,966	720,130
Common Stock	85,424	85,424	85,424	85,424	85,424	85,424
Additional Paid-In Capital	106,541	106,398	106,256	105,780	105,880	105,633
Retained Earnings	712,736	716,621	748,781	711,802	740,374	781,763
Treasury Stock	-5,109	-5,125	-5,924	-3,267	-3,459	-3,960
Comprehensive Income & Other	172,872	160,759	132,239	83,919	43,842	-3,723
Total Common Equity	1,072,464	1,064,077	1,066,776	983,658	972,061	965,137
Minority Interest	30,605	30,623	32,059	28,385	23,323	18,740
Shareholders' Equity	1,103,069	1,094,700	1,098,835	1,012,043	995,384	983,877
Total Liabilities & Equity	1,831,159	1,875,054	1,867,237	1,769,746	1,726,350	1,704,007
Total Debt	240,849	243,142	245,328	261,072	262,890	268,682
Net Cash (Debt)	33,991	80,140	112,385	30,591	5,358	67,387
Net Cash Growth	4.34%	-28.69%	267.38%	470.94%	-92.05%	-14.67%
Net Cash Per Share	74.17	173.72	241.88	65.81	11.41	141.72
Filing Date Shares Outstanding	452.32	452.32	464.48	464.87	464.84	473.88
Total Common Shares Outstanding	452.32	452.32	464.48	464.87	464.83	473.88
Working Capital	375,193	387,697	404,425	357,175	320,582	387,895
Book Value Per Share	2371.02	2352.49	2296.69	2116.01	2091.20	2036.66
Tangible Book Value	760,071	753,535	756,416	683,014	720,018	729,003
Tangible Book Value Per Share	1680.38	1665.94	1628.51	1469.27	1548.98	1538.36
Land	-	90,646	90,080	-	-	-
Buildings	-	533,351	508,510	-	-	-
Machinery	-	1,028,448	1,006,751	-	-	-
Construction In Progress	-	59,876	46,557	-	-	-

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