Nippon Seiro Balance Sheet

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	2,828	2,297	1,835	2,039	1,605
Cash & Short-Term Investments	2,828	2,297	1,835	2,039	1,605
Cash Growth	23.12%	25.18%	-10.01%	27.04%	14.56%
Receivables	2,330	2,673	3,175	3,545	3,933
Inventory	7,228	9,525	8,879	10,508	11,381
Other Current Assets	127	174	402	1,403	461
Total Current Assets	12,513	14,669	14,291	17,495	17,380
Property, Plant & Equipment	13,866	14,231	14,960	14,895	15,349
Long-Term Investments	426	435	488	670	680
Other Intangible Assets	79	84	101	100	96
Long-Term Deferred Tax Assets	394	304	158	13	64
Other Long-Term Assets	1	2	3	1	3
Total Assets	27,279	29,725	30,001	33,174	33,572
Accounts Payable	624	1,139	1,261	2,199	3,131
Accrued Expenses	86	58	55	58	58
Short-Term Debt	12,000	13,145	15,330	18,421	14,563
Current Portion of Long-Term Debt	-	11	23	997	1,108
Current Portion of Leases	40	36	37	10	8
Current Income Taxes Payable	2	2	13	11	54
Other Current Liabilities	1,108	1,203	1,438	1,771	1,698
Total Current Liabilities	13,860	15,594	18,157	23,467	20,620
Long-Term Debt	3,601	5,079	4,730	1,602	2,600
Long-Term Leases	357	376	407	19	12
Pension & Post-Retirement Benefits	41	34	29	89	19
Long-Term Deferred Tax Liabilities	2,962	2,891	2,891	2,600	2,574
Other Long-Term Liabilities	81	77	3	2	3
Total Liabilities	20,902	24,051	26,217	27,779	25,828
Common Stock	100	100	100	1,120	1,120
Additional Paid-In Capital	65	65	65	80	80
Retained Earnings	1,201	504	-1,268	-1,086	1,376
Treasury Stock	-674	-674	-674	-674	-674
Comprehensive Income & Other	5,685	5,679	5,561	5,955	5,842
Shareholders' Equity	6,377	5,674	3,784	5,395	7,744
Total Liabilities & Equity	27,279	29,725	30,001	33,174	33,572
Total Debt	15,998	18,647	20,527	21,049	18,291
Net Cash (Debt)	-13,170	-16,350	-18,692	-19,010	-16,686
Net Cash Per Share	-528.88	-474.97	-946.47	-962.57	-844.89
Filing Date Shares Outstanding	19.75	19.75	19.75	19.75	19.75
Total Common Shares Outstanding	19.75	19.75	19.75	19.75	19.75
Working Capital	-1,347	-925	-3,866	-5,972	-3,240
Book Value Per Share	322.90	287.30	191.60	273.17	392.12
Tangible Book Value	6,298	5,590	3,683	5,295	7,648
Tangible Book Value Per Share	318.90	283.05	186.49	268.11	387.26

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