Kuramoto 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 2018	FY 2017	FY 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Cash & Equivalents	97	639	155	229	160
Cash & Short-Term Investments	97	639	155	229	160
Cash Growth	-84.82%	312.26%	-32.31%	43.13%	-80.75%
Accounts Receivable	151	466	370	654	891
Receivables	181	466	370	654	891
Inventory	201	158	151	181	166
Other Current Assets	65	95	80	62	56
Total Current Assets	544	1,358	756	1,126	1,273
Property, Plant & Equipment	1,165	1,343	1,670	1,737	2,720
Long-Term Investments	16	13	32	34	45
Goodwill	-	1,920	-	-	-
Other Intangible Assets	88	19	66	56	40
Long-Term Deferred Tax Assets	5	1	-	-	2
Other Long-Term Assets	2	1	2	2	2
Total Assets	1,820	4,655	2,526	2,955	4,082
Accounts Payable	52	73	55	79	95
Short-Term Debt	253	203	2,087	2,087	2,436
Current Portion of Long-Term Debt	173	155	-	1	1
Current Income Taxes Payable	114	110	96	197	220
Other Current Liabilities	136	141	26	31	36
Total Current Liabilities	728	682	2,264	2,395	2,788
Long-Term Debt	233	164	267	268	761
Pension & Post-Retirement Benefits	2	2	49	46	76
Other Long-Term Liabilities	122	66	-1	2	6
Total Liabilities	1,085	914	2,579	2,711	3,631
Common Stock	134	93	80	4,885	4,885
Additional Paid-In Capital	3,629	3,588	219	6,335	6,335
Retained Earnings	-3,049	31	-350	-10,978	-10,780
Comprehensive Income & Other	21	29	-2	2	11
Shareholders' Equity	735	3,741	-53	244	451
Total Liabilities & Equity	1,820	4,655	2,526	2,955	4,082
Total Debt	659	522	2,354	2,356	3,198
Net Cash (Debt)	-562	117	-2,199	-2,127	-3,038
Net Cash Per Share	-11.71	2.99	-136.23	-131.77	-188.20
Filing Date Shares Outstanding	48.17	48	16.14	16.14	16.14
Total Common Shares Outstanding	48	47.69	16.14	16.14	16.14
Working Capital	-184	676	-1,508	-1,269	-1,515
Book Value Per Share	15.31	78.44	-3.28	15.12	27.94
Tangible Book Value	647	1,802	-119	188	411
Tangible Book Value Per Share	13.48	37.78	-7.37	11.65	25.46
Order Backlog	105	466.93	225.14	316.43	258.5

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.