Adjuvant Holdings 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 20, 2025	Mar '25 Mar 20, 2025	Mar '24 Mar 20, 2024	Mar '23 Mar 20, 2023	Mar '22 Mar 20, 2022	Mar '21 Mar 20, 2021
Cash & Equivalents	2,111	2,224	2,118	1,528	1,744	1,469
Cash & Short-Term Investments	2,111	2,224	2,118	1,528	1,744	1,469
Cash Growth	-0.10%	5.00%	38.61%	-12.38%	18.72%	-0.61%
Receivables	565	361	402	434	374	382
Inventory	809	852	995	1,221	1,032	712
Other Current Assets	98	95	72	156	94	160
Total Current Assets	3,583	3,532	3,587	3,339	3,244	2,723
Property, Plant & Equipment	1,299	1,347	1,403	1,411	1,441	1,579
Long-Term Investments	432	228	144	616	670	580
Other Intangible Assets	40	37	53	66	62	71
Long-Term Deferred Tax Assets	-	145	88	118	192	71
Other Long-Term Assets	-	2	1	1	1	1
Total Assets	5,355	5,292	5,277	5,551	5,661	5,096
Accounts Payable	167	148	111	84	180	104
Accrued Expenses	42	95	104	89	99	91
Current Portion of Leases	-	8	7	6	10	7
Current Income Taxes Payable	12	277	228	301	500	257
Other Current Liabilities	416	130	158	159	90	88
Total Current Liabilities	637	658	608	639	879	547
Long-Term Leases	-	21	23	12	19	15
Pension & Post-Retirement Benefits	51	48	46	48	52	48
Other Long-Term Liabilities	384	387	384	365	394	394
Total Liabilities	1,072	1,114	1,061	1,064	1,344	1,004
Common Stock	776	776	776	776	776	765
Additional Paid-In Capital	752	752	750	747	748	737
Retained Earnings	2,770	2,665	2,720	3,012	2,801	2,600
Treasury Stock	-21	-21	-32	-45	-5	-5
Comprehensive Income & Other	6	6	2	-3	-3	-5
Shareholders' Equity	4,283	4,178	4,216	4,487	4,317	4,092
Total Liabilities & Equity	5,355	5,292	5,277	5,551	5,661	5,096
Total Debt	-	29	30	18	29	22
Net Cash (Debt)	2,111	2,195	2,088	1,510	1,715	1,447
Net Cash Growth	-0.10%	5.13%	38.28%	-11.95%	18.52%	0.98%
Net Cash Per Share	263.53	274.00	261.13	188.77	214.09	180.52
Filing Date Shares Outstanding	8	8.02	8	7.98	8.04	7.99
Total Common Shares Outstanding	8	8.02	8	8	8.04	7.99
Working Capital	2,946	2,874	2,979	2,700	2,365	2,176
Book Value Per Share	535.35	521.25	526.96	561.00	537.26	512.15
Tangible Book Value	4,243	4,141	4,163	4,421	4,255	4,021
Tangible Book Value Per Share	530.35	516.63	520.34	552.75	529.55	503.27

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