Nicca Chemical 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	11,765	11,848	10,726	8,344	7,052	7,659
Cash & Short-Term Investments	11,765	11,848	10,726	8,344	7,052	7,659
Cash Growth	12.86%	10.46%	28.55%	18.32%	-7.92%	-3.81%
Receivables	12,035	11,942	11,983	11,019	10,434	9,618
Inventory	11,693	11,003	10,504	10,875	11,405	9,330
Other Current Assets	1,247	922	1,008	839	964	955
Total Current Assets	36,740	35,715	34,221	31,077	29,855	27,562
Property, Plant & Equipment	33,381	33,635	24,002	21,889	22,411	23,277
Long-Term Investments	3,851	2,976	2,695	2,495	2,433	2,414
Other Intangible Assets	2,999	933	510	498	399	298
Long-Term Deferred Tax Assets	-	791	936	957	1,022	980
Other Long-Term Assets	2	2	2	2	2	2
Total Assets	76,973	74,052	62,366	56,918	56,122	54,533
Accounts Payable	6,224	6,335	6,181	5,895	6,544	6,619
Accrued Expenses	451	1,066	976	835	805	807
Short-Term Debt	9,395	9,302	4,300	4,100	5,168	5,662
Current Portion of Long-Term Debt	1,892	1,368	1,368	1,518	-	-
Current Portion of Leases	-	-	-	-	44	48
Current Income Taxes Payable	417	2,479	2,528	1,717	2,006	2,251
Other Current Liabilities	7,119	2,433	1,790	1,711	1,420	1,315
Total Current Liabilities	25,498	22,983	17,143	15,776	15,987	16,702
Long-Term Debt	7,250	7,866	4,234	3,652	5,170	6,038
Long-Term Leases	-	-	-	-	52	96
Pension & Post-Retirement Benefits	3,265	3,262	3,132	3,461	3,368	3,298
Long-Term Deferred Tax Liabilities	-	19	15	-	-	-
Other Long-Term Liabilities	2,088	1,568	1,290	1,207	1,153	1,077
Total Liabilities	38,101	35,698	25,814	24,096	25,730	27,211
Common Stock	2,898	2,898	2,898	2,898	2,898	2,898
Additional Paid-In Capital	3,061	3,061	2,960	2,951	2,951	2,928
Retained Earnings	26,142	25,712	24,251	22,145	21,006	19,284
Treasury Stock	-1,394	-1,401	-1,407	-1,429	-1,449	-1,444
Comprehensive Income & Other	4,985	4,932	4,947	3,568	2,554	1,384
Total Common Equity	35,692	35,202	33,649	30,133	27,960	25,050
Minority Interest	3,180	3,152	2,903	2,689	2,432	2,272
Shareholders' Equity	38,872	38,354	36,552	32,822	30,392	27,322
Total Liabilities & Equity	76,973	74,052	62,366	56,918	56,122	54,533
Total Debt	18,537	18,536	9,902	9,270	10,434	11,844
Net Cash (Debt)	-6,772	-6,688	824	-926	-3,382	-4,185
Net Cash Per Share	-426.26	-421.53	52.10	-58.63	-214.43	-265.73
Filing Date Shares Outstanding	15.92	15.92	15.83	15.8	15.78	15.76
Total Common Shares Outstanding	15.92	15.92	15.83	15.8	15.78	15.76
Working Capital	11,242	12,732	17,078	15,301	13,868	10,860
Book Value Per Share	2242.12	2211.79	2125.53	1906.55	1771.69	1589.31
Tangible Book Value	32,693	34,269	33,139	29,635	27,561	24,752
Tangible Book Value Per Share	2053.73	2153.17	2093.31	1875.04	1746.40	1570.40

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