Mino Ceramic 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 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	3,576	4,176	3,905	2,631	2,400	2,695
Short-Term Investments	-	-	200	15	208	-
Cash & Short-Term Investments	3,576	4,176	4,105	2,646	2,608	2,695
Cash Growth	12.28%	1.73%	55.14%	1.46%	-3.23%	-16.67%
Accounts Receivable	5,050	5,086	5,417	5,690	4,585	4,350
Other Receivables	-	49	11	-	37	-
Receivables	5,050	5,135	5,428	5,690	4,622	4,350
Inventory	3,774	3,172	2,787	2,988	2,760	2,445
Other Current Assets	86	456	74	427	100	86
Total Current Assets	12,486	12,939	12,394	11,751	10,090	9,576
Property, Plant & Equipment	5,766	5,726	5,458	5,517	5,727	5,560
Long-Term Investments	3,620	2,549	2,355	2,176	1,983	1,802
Goodwill	4	8	13	18	23	-
Other Intangible Assets	34	37	36	37	39	44
Long-Term Deferred Tax Assets	-	74	126	267	272	228
Other Long-Term Assets	2	3	2	2	2	1
Total Assets	21,912	21,336	20,384	19,768	18,136	17,211
Accounts Payable	1,952	2,249	2,265	2,521	2,201	1,712
Accrued Expenses	186	360	407	398	400	393
Short-Term Debt	1,080	1,180	1,180	1,170	1,170	1,270
Current Portion of Long-Term Debt	60	60	60	260	60	400
Current Income Taxes Payable	144	244	364	499	153	297
Other Current Liabilities	1,362	1,081	968	958	857	705
Total Current Liabilities	4,784	5,174	5,244	5,806	4,841	4,777
Long-Term Debt	300	230	290	290	590	280
Pension & Post-Retirement Benefits	821	736	682	876	862	816
Other Long-Term Liabilities	721	690	576	337	323	294
Total Liabilities	6,626	6,830	6,792	7,309	6,616	6,167
Common Stock	877	877	877	877	877	877
Additional Paid-In Capital	1,047	1,047	1,047	1,047	1,027	1,027
Retained Earnings	12,788	12,354	11,498	10,709	9,823	9,303
Treasury Stock	-502	-503	-504	-505	-486	-487
Comprehensive Income & Other	1,076	731	674	331	279	324
Total Common Equity	15,286	14,506	13,592	12,459	11,520	11,044
Shareholders' Equity	15,286	14,506	13,592	12,459	11,520	11,044
Total Liabilities & Equity	21,912	21,336	20,384	19,768	18,136	17,211
Total Debt	1,440	1,470	1,530	1,720	1,820	1,950
Net Cash (Debt)	2,136	2,706	2,575	926	788	745
Net Cash Growth	26.77%	5.09%	178.08%	17.51%	5.77%	-40.11%
Net Cash Per Share	208.25	263.90	251.20	90.34	76.89	72.70
Filing Date Shares Outstanding	10.26	10.26	10.25	10.25	10.25	10.25
Total Common Shares Outstanding	10.26	10.26	10.25	10.25	10.25	10.25
Working Capital	7,702	7,765	7,150	5,945	5,249	4,799
Book Value Per Share	1489.67	1414.40	1325.54	1215.42	1123.87	1077.57
Tangible Book Value	15,248	14,461	13,543	12,404	11,458	11,000
Tangible Book Value Per Share	1485.97	1410.01	1320.76	1210.06	1117.82	1073.28
Order Backlog	-	7,090	6,133	5,074	5,307	3,867

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