Toyo Tire Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	104,943	117,256	86,636	52,879	41,601	55,615
Cash & Short-Term Investments	104,943	117,256	86,636	52,879	41,601	55,615
Cash Growth	24.81%	35.34%	63.84%	27.11%	-25.20%	47.72%
Receivables	118,432	135,415	129,273	107,525	109,140	82,936
Inventory	137,942	126,711	122,844	107,061	112,883	80,947
Other Current Assets	25,791	29,472	35,029	31,507	25,955	17,335
Total Current Assets	387,108	408,854	373,782	298,972	289,579	236,833
Property, Plant & Equipment	283,623	280,681	287,153	286,790	265,051	226,606
Long-Term Investments	40,479	32,829	31,711	36,196	32,740	58,804
Other Intangible Assets	23,817	23,645	22,119	15,802	8,529	6,325
Long-Term Deferred Tax Assets	-	6,108	7,781	7,601	2,847	2,510
Other Long-Term Assets	1	2	2	1	1	1
Total Assets	735,028	753,248	722,666	645,480	598,889	531,229
Accounts Payable	30,269	33,716	37,725	38,262	42,577	34,004
Accrued Expenses	-	176	100	85	110	117
Short-Term Debt	11,085	13,419	20,447	11,653	67,780	40,196
Current Portion of Long-Term Debt	-	5,000	-	-	-	-
Current Income Taxes Payable	29,086	46,393	46,452	51,310	43,041	30,827
Other Current Liabilities	49,155	47,249	46,168	41,512	37,540	30,206
Total Current Liabilities	119,595	145,953	150,892	142,822	191,048	135,350
Long-Term Debt	51,011	51,327	66,139	70,992	61,366	85,476
Long-Term Leases	-	15,814	15,467	-	-	-
Pension & Post-Retirement Benefits	3,120	3,164	3,472	3,530	3,533	3,838
Long-Term Deferred Tax Liabilities	-	6,593	6,118	8,138	10,478	16,868
Other Long-Term Liabilities	28,532	7,738	8,026	24,800	11,550	9,542
Total Liabilities	202,258	230,589	250,114	250,282	277,975	251,074
Common Stock	55,935	55,935	55,935	55,935	55,935	55,935
Additional Paid-In Capital	54,255	54,255	54,214	54,197	54,341	54,330
Retained Earnings	324,590	319,894	275,986	221,333	159,837	125,119
Treasury Stock	-105	-104	-118	-120	-132	-143
Comprehensive Income & Other	98,095	92,679	86,535	63,853	50,702	44,713
Total Common Equity	532,770	522,659	472,552	395,198	320,683	279,954
Minority Interest	-	-	-	-	231	201
Shareholders' Equity	532,770	522,659	472,552	395,198	320,914	280,155
Total Liabilities & Equity	735,028	753,248	722,666	645,480	598,889	531,229
Total Debt	62,096	85,560	102,053	82,645	129,146	125,672
Net Cash (Debt)	42,847	31,696	-15,417	-29,766	-87,545	-70,057
Net Cash Per Share	278.23	205.83	-100.13	-193.33	-568.66	-455.10
Filing Date Shares Outstanding	154	154	153.97	153.97	153.95	153.94
Total Common Shares Outstanding	154	154	153.98	153.97	153.95	153.94
Working Capital	267,513	262,901	222,890	156,150	98,531	101,483
Book Value Per Share	3459.64	3393.98	3069.02	2566.75	2082.99	1818.60
Tangible Book Value	508,953	499,014	450,433	379,396	312,154	273,629
Tangible Book Value Per Share	3304.98	3240.44	2925.36	2464.12	2027.59	1777.52

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