Adjuvant Holdings Balance Sheet

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 20, 2026	Mar '25 Mar 20, 2025	Mar '24 Mar 20, 2024	Mar '23 Mar 20, 2023	Mar '22 Mar 20, 2022
Cash & Equivalents	2,134	2,224	2,118	1,528	1,744
Cash & Short-Term Investments	2,134	2,224	2,118	1,528	1,744
Cash Growth	-4.05%	5.00%	38.61%	-12.38%	18.72%
Receivables	301	361	402	434	374
Inventory	849	852	995	1,221	1,032
Other Current Assets	82	95	72	156	94
Total Current Assets	3,366	3,532	3,587	3,339	3,244
Property, Plant & Equipment	1,291	1,347	1,403	1,411	1,441
Long-Term Investments	319	228	144	616	670
Other Intangible Assets	56	37	53	66	62
Long-Term Deferred Tax Assets	114	145	88	118	192
Other Long-Term Assets	2	2	1	1	1
Total Assets	5,148	5,292	5,277	5,551	5,661
Accounts Payable	115	148	111	84	180
Accrued Expenses	75	95	104	89	99
Current Portion of Leases	7	8	7	6	10
Current Income Taxes Payable	199	277	228	301	500
Other Current Liabilities	101	130	158	159	90
Total Current Liabilities	497	658	608	639	879
Long-Term Leases	13	21	23	12	19
Pension & Post-Retirement Benefits	50	48	46	48	52
Other Long-Term Liabilities	369	387	384	365	394
Total Liabilities	929	1,114	1,061	1,064	1,344
Common Stock	776	776	776	776	776
Additional Paid-In Capital	752	752	750	747	748
Retained Earnings	2,712	2,665	2,720	3,012	2,801
Treasury Stock	-21	-21	-32	-45	-5
Comprehensive Income & Other	-	6	2	-3	-3
Shareholders' Equity	4,219	4,178	4,216	4,487	4,317
Total Liabilities & Equity	5,148	5,292	5,277	5,551	5,661
Total Debt	20	29	30	18	29
Net Cash (Debt)	2,114	2,195	2,088	1,510	1,715
Net Cash Growth	-3.69%	5.13%	38.28%	-11.95%	18.52%
Net Cash Per Share	264.03	274.00	261.13	188.77	214.09
Filing Date Shares Outstanding	8	8.02	8	7.98	8.04
Total Common Shares Outstanding	8	8.02	8	8	8.04
Working Capital	2,869	2,874	2,979	2,700	2,365
Book Value Per Share	527.35	521.25	526.96	561.00	537.26
Tangible Book Value	4,163	4,141	4,163	4,421	4,255
Tangible Book Value Per Share	520.35	516.63	520.34	552.75	529.55

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