Milbon 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	10,244	13,829	11,337	12,300	13,350	12,345
Short-Term Investments	-	-	-	-	200	-
Cash & Short-Term Investments	10,244	13,829	11,337	12,300	13,550	12,345
Cash Growth	-10.13%	21.98%	-7.83%	-9.22%	9.76%	16.30%
Receivables	4,419	6,023	5,345	5,255	4,670	4,196
Inventory	10,514	10,303	9,048	8,358	5,940	5,215
Other Current Assets	1,892	780	448	785	740	366
Total Current Assets	27,069	30,935	26,178	26,698	24,900	22,122
Property, Plant & Equipment	22,235	22,307	20,999	19,819	17,816	14,865
Long-Term Investments	725.48	3,012	3,373	3,506	3,395	4,345
Other Intangible Assets	1,481	1,675	1,930	1,902	1,516	1,318
Long-Term Deferred Tax Assets	894.87	940	909	826	577	395
Other Long-Term Assets	2,154	2	1	2	2	2
Total Assets	54,587	58,899	53,391	52,760	48,238	43,075
Accounts Payable	1,615	1,444	931	1,133	936	788
Accrued Expenses	1,197	612	581	591	511	436
Current Income Taxes Payable	335.7	5,774	4,076	5,356	4,897	3,835
Other Current Liabilities	3,862	1,378	979	916	966	1,041
Total Current Liabilities	7,010	9,208	6,567	7,996	7,310	6,100
Pension & Post-Retirement Benefits	17.17	17	14	10	7	5
Long-Term Deferred Tax Liabilities	-	-	-	-	-	2
Other Long-Term Liabilities	852.7	858	878	763	725	661
Total Liabilities	7,880	10,083	7,459	8,769	8,042	6,768
Common Stock	2,000	2,000	2,000	2,000	2,000	2,000
Additional Paid-In Capital	280.72	298	306	274	246	222
Retained Earnings	44,047	45,232	43,079	41,875	38,834	35,643
Treasury Stock	-2,858	-1,906	-1,982	-2,030	-2,080	-2,108
Comprehensive Income & Other	3,236	3,192	2,529	1,872	1,196	550
Shareholders' Equity	46,707	48,816	45,932	43,991	40,196	36,307
Total Liabilities & Equity	54,587	58,899	53,391	52,760	48,238	43,075
Net Cash (Debt)	10,244	13,829	11,337	12,300	13,550	12,345
Net Cash Growth	-10.13%	21.98%	-7.83%	-9.22%	9.76%	16.30%
Net Cash Per Share	314.82	424.78	348.44	378.21	416.81	379.50
Filing Date Shares Outstanding	32.17	32.56	32.54	32.53	32.51	32.5
Total Common Shares Outstanding	32.17	32.56	32.54	32.53	32.51	32.5
Working Capital	20,059	21,727	19,611	18,702	17,590	16,022
Book Value Per Share	1451.87	1499.16	1411.55	1352.50	1236.38	1117.06
Tangible Book Value	45,226	47,141	44,002	42,089	38,680	34,989
Tangible Book Value Per Share	1405.84	1447.72	1352.24	1294.02	1189.75	1076.51

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