Otsuka Holdings Balance Sheet

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	492,145	426,173	513,341	471,634	410,684	356,851
Cash & Short-Term Investments	492,145	426,173	513,341	471,634	410,684	356,851
Cash Growth	-4.46%	-16.98%	8.84%	14.84%	15.09%	6.83%
Accounts Receivable	525,619	515,289	474,086	423,426	380,191	379,107
Other Receivables	4,741	3,531	19,611	2,954	8,543	3,283
Receivables	530,360	518,820	493,697	426,380	388,734	382,390
Inventory	360,023	298,292	249,581	223,507	180,350	173,827
Other Current Assets	126,360	123,687	70,178	70,509	69,621	90,659
Total Current Assets	1,508,888	1,366,972	1,326,797	1,192,030	1,049,389	1,003,727
Property, Plant & Equipment	651,136	628,544	553,358	510,674	487,089	462,131
Long-Term Investments	338,120	544,319	278,562	241,743	434,101	208,146
Goodwill	495,958	449,464	379,048	335,442	295,735	262,914
Other Intangible Assets	541,232	544,247	490,971	579,786	522,662	457,192
Long-Term Deferred Tax Assets	189,479	205,700	118,825	53,383	31,936	21,531
Other Long-Term Assets	234,725	5	213,683	189,580	3	212,166
Total Assets	3,959,538	3,739,251	3,361,244	3,102,638	2,820,915	2,627,807
Accounts Payable	194,022	219,996	206,369	198,356	170,103	164,950
Short-Term Debt	-	6,074	-	-	8,995	-
Current Portion of Long-Term Debt	36,042	1,275	69,425	26,440	23,880	28,690
Current Portion of Leases	21,821	21,146	18,847	17,717	17,096	15,511
Current Income Taxes Payable	46,586	29,250	54,939	28,340	10,490	14,744
Current Unearned Revenue	11,600	-	14,322	13,376	-	12,644
Other Current Liabilities	388,203	354,923	303,331	254,964	237,296	179,674
Total Current Liabilities	698,274	632,664	667,233	539,193	467,860	416,213
Long-Term Debt	86,317	87,275	69,200	93,775	102,753	124,564
Long-Term Leases	74,256	73,612	56,715	56,229	59,726	57,314
Long-Term Unearned Revenue	28,919	-	44,869	50,736	-	69,164
Pension & Post-Retirement Benefits	11,912	12,564	16,557	16,011	14,075	16,724
Long-Term Deferred Tax Liabilities	32,418	28,801	27,170	29,511	27,560	25,457
Other Long-Term Liabilities	101,769	126,171	43,183	54,814	103,752	34,939
Total Liabilities	1,033,865	961,087	924,927	840,269	775,726	744,375
Common Stock	81,690	81,690	81,690	81,690	81,690	81,690
Additional Paid-In Capital	428,532	478,486	506,230	506,579	506,724	506,295
Retained Earnings	2,136,094	1,904,404	1,621,218	1,553,069	1,482,197	1,402,644
Treasury Stock	-85,186	-67,398	-44,669	-44,858	-45,572	-45,781
Comprehensive Income & Other	297,990	336,398	229,214	128,775	-14,045	-92,473
Total Common Equity	2,859,120	2,733,580	2,393,683	2,225,255	2,010,994	1,852,375
Minority Interest	66,553	44,584	42,634	37,114	34,195	31,057
Shareholders' Equity	2,925,673	2,778,164	2,436,317	2,262,369	2,045,189	1,883,432
Total Liabilities & Equity	3,959,538	3,739,251	3,361,244	3,102,638	2,820,915	2,627,807
Total Debt	218,436	189,382	214,187	194,161	212,450	226,079
Net Cash (Debt)	273,709	236,791	299,154	277,473	198,234	130,772
Net Cash Growth	55.41%	-20.85%	7.81%	39.97%	51.59%	62.00%
Net Cash Per Share	513.90	437.37	551.25	511.41	365.49	241.13
Filing Date Shares Outstanding	528.13	537.09	542.69	542.63	542.39	542.34
Total Common Shares Outstanding	528.13	537.09	542.69	542.63	542.39	542.34
Working Capital	810,614	734,308	659,564	652,837	581,529	587,514
Book Value Per Share	5413.65	5089.59	4410.81	4100.84	3707.64	3415.55
Tangible Book Value	1,821,930	1,739,869	1,523,664	1,310,027	1,192,597	1,132,269
Tangible Book Value Per Share	3449.77	3239.42	2807.63	2414.20	2198.77	2087.76

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.