Nihon Tokushu Toryo Balance Sheet

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	14,627	16,235	15,894	10,870	8,948	6,535
Cash & Short-Term Investments	14,627	16,235	15,894	10,870	8,948	6,535
Cash Growth	6.15%	2.15%	46.22%	21.48%	36.92%	-18.13%
Accounts Receivable	11,516	14,592	15,503	16,034	14,438	14,191
Other Receivables	4,010	8	1	37	-	167
Receivables	15,526	14,600	15,504	16,071	14,438	14,358
Inventory	5,302	5,009	4,514	4,141	4,664	2,988
Other Current Assets	1,091	2,483	2,643	4,931	3,807	1,533
Total Current Assets	36,546	38,327	38,555	36,013	31,857	25,414
Property, Plant & Equipment	20,481	21,399	22,422	24,299	25,071	27,018
Long-Term Investments	25,026	23,964	25,012	20,229	19,994	20,285
Other Intangible Assets	1,164	1,292	1,236	1,247	1,265	1,244
Long-Term Deferred Tax Assets	151	158	102	88	99	129
Other Long-Term Assets	1,988	1	2	1	2	2
Total Assets	85,460	85,243	87,456	82,033	79,792	75,502
Accounts Payable	6,955	9,242	13,365	13,803	12,025	10,414
Accrued Expenses	1,471	66	61	75	72	102
Short-Term Debt	3,111	2,706	2,794	5,314	5,617	5,608
Current Portion of Leases	12	10	11	7	6	6
Current Income Taxes Payable	508	773	1,007	469	601	238
Other Current Liabilities	3,349	3,325	4,167	3,927	3,952	3,407
Total Current Liabilities	15,406	16,122	21,405	23,595	22,273	19,775
Long-Term Debt	520	804	1,151	2,045	3,209	3,667
Long-Term Leases	22	11	19	17	17	12
Pension & Post-Retirement Benefits	2,432	2,471	2,895	3,213	3,313	3,520
Long-Term Deferred Tax Liabilities	2,236	1,612	2,303	842	1,147	1,260
Other Long-Term Liabilities	119	110	118	111	109	115
Total Liabilities	20,735	21,130	27,891	29,823	30,068	28,349
Common Stock	4,753	4,753	4,753	4,753	4,753	4,753
Additional Paid-In Capital	4,225	4,217	4,212	4,207	4,194	4,190
Retained Earnings	40,449	38,658	34,742	31,734	30,547	30,064
Treasury Stock	-1,760	-1,097	-1,099	-1,102	-1,112	-1,119
Comprehensive Income & Other	10,833	10,926	10,789	6,601	5,884	4,677
Total Common Equity	58,500	57,457	53,397	46,193	44,266	42,565
Minority Interest	6,225	6,656	6,168	6,017	5,458	4,588
Shareholders' Equity	64,725	64,113	59,565	52,210	49,724	47,153
Total Liabilities & Equity	85,460	85,243	87,456	82,033	79,792	75,502
Total Debt	3,665	3,531	3,975	7,383	8,849	9,293
Net Cash (Debt)	10,962	12,704	11,919	3,487	99	-2,758
Net Cash Growth	12.58%	6.59%	241.81%	3422.22%	-	-
Net Cash Per Share	511.23	584.12	548.20	160.46	4.56	-125.59
Filing Date Shares Outstanding	21.44	21.75	21.75	21.74	21.72	21.71
Total Common Shares Outstanding	21.44	21.75	21.75	21.74	21.72	21.71
Working Capital	21,140	22,205	17,150	12,418	9,584	5,639
Book Value Per Share	2728.24	2641.50	2455.55	2124.98	2038.02	1961.04
Tangible Book Value	57,336	56,165	52,161	44,946	43,001	41,321
Tangible Book Value Per Share	2673.95	2582.10	2398.71	2067.62	1979.78	1903.72

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.