Nippon Pallet Pool 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	1,002	1,295	1,611	897	898	1,010
Cash & Short-Term Investments	1,002	1,295	1,611	897	898	1,010
Cash Growth	-32.19%	-19.61%	79.60%	-0.11%	-11.09%	37.04%
Accounts Receivable	894.18	852	961	878	881	789
Other Receivables	-	17	30	46	65	47
Receivables	894.18	869	991	924	946	836
Inventory	-	10	10	7	7	5
Prepaid Expenses	-	31	23	21	19	20
Other Current Assets	266.49	38	4	130	4	6
Total Current Assets	2,162	2,243	2,639	1,979	1,874	1,877
Property, Plant & Equipment	867.52	7,368	7,980	9,551	7,913	7,910
Long-Term Investments	405.27	399	361	296	282	277
Other Intangible Assets	70.02	87	120	168	207	143
Long-Term Deferred Tax Assets	-	56	101	105	84	27
Other Long-Term Assets	91.96	3	3	3	1	1
Total Assets	10,954	10,156	11,204	12,102	10,361	10,235
Accounts Payable	921.79	646	453	801	682	605
Accrued Expenses	-	37	41	41	39	46
Short-Term Debt	1,030	1,030	1,030	1,030	1,030	1,030
Current Portion of Long-Term Debt	640.04	523	663	886	868	949
Current Income Taxes Payable	34.05	319	791	864	600	650
Current Unearned Revenue	-	-	-	-	-	6
Other Current Liabilities	419.83	126	117	145	117	5
Total Current Liabilities	3,046	2,681	3,095	3,767	3,336	3,291
Long-Term Debt	989.96	704	1,228	1,638	1,241	1,360
Pension & Post-Retirement Benefits	-	22	22	18	16	14
Other Long-Term Liabilities	277.31	291	519	843	705	659
Total Liabilities	4,313	3,698	4,864	6,266	5,298	5,324
Common Stock	767.96	767	767	767	767	767
Additional Paid-In Capital	486.46	486	486	486	486	486
Retained Earnings	5,245	5,125	4,997	4,537	3,771	3,624
Treasury Stock	-53.86	-53	-18	-17	-17	-17
Comprehensive Income & Other	195.94	133	108	63	56	51
Shareholders' Equity	6,641	6,458	6,340	5,836	5,063	4,911
Total Liabilities & Equity	10,954	10,156	11,204	12,102	10,361	10,235
Total Debt	2,660	2,257	2,921	3,554	3,139	3,339
Net Cash (Debt)	-1,658	-962	-1,310	-2,657	-2,241	-2,329
Net Cash Per Share	-1037.56	-575.01	-778.83	-1579.67	-1332.34	-1384.66
Filing Date Shares Outstanding	1.58	1.58	1.68	1.68	1.68	1.68
Total Common Shares Outstanding	1.58	1.58	1.68	1.68	1.68	1.68
Working Capital	-883.45	-438	-456	-1,788	-1,462	-1,414
Book Value Per Share	4196.24	4080.34	3767.73	3467.83	3008.39	2919.74
Tangible Book Value	6,571	6,371	6,220	5,668	4,856	4,768
Tangible Book Value Per Share	4151.99	4025.37	3696.42	3368.01	2885.39	2834.72

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