Yotai Refractories 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	4,789	6,412	6,460	5,841	8,537	11,390
Cash & Short-Term Investments	4,789	6,412	6,460	5,841	8,537	11,390
Cash Growth	-13.08%	-0.74%	10.60%	-31.58%	-25.05%	38.80%
Receivables	12,571	11,311	12,932	12,311	12,228	10,565
Inventory	11,920	11,613	11,625	11,443	9,013	5,852
Other Current Assets	178.43	248	242	342	504	114
Total Current Assets	29,459	29,584	31,259	29,937	30,282	27,921
Property, Plant & Equipment	8,249	8,253	7,698	6,556	5,838	5,094
Long-Term Investments	3,714	3,219	3,225	2,900	2,366	2,193
Other Intangible Assets	297.94	321	348	147	71	21
Long-Term Deferred Tax Assets	-	-	-	104	191	165
Other Long-Term Assets	119.41	2	1	1	2	2
Total Assets	41,839	41,379	42,531	39,645	38,750	35,396
Accounts Payable	2,250	4,380	4,563	4,461	4,492	3,137
Accrued Expenses	211.03	1,512	1,696	1,399	1,337	1,135
Current Income Taxes Payable	86.5	585	1,480	790	1,291	467
Other Current Liabilities	3,806	230	543	270	116	228
Total Current Liabilities	6,353	6,707	8,282	6,920	7,236	4,967
Long-Term Debt	99.53	170	-	-	-	-
Pension & Post-Retirement Benefits	1,330	1,280	1,499	1,440	1,381	1,350
Long-Term Deferred Tax Liabilities	-	106	31	-	-	-
Other Long-Term Liabilities	533.78	169	189	221	25	48
Total Liabilities	8,317	8,432	10,001	8,581	8,642	6,365
Common Stock	2,655	2,654	2,654	2,654	2,654	2,654
Additional Paid-In Capital	1,717	1,710	1,710	1,802	1,762	1,750
Retained Earnings	28,587	28,556	28,888	29,005	26,994	24,621
Treasury Stock	-1,433	-1,569	-2,145	-3,795	-2,319	-823
Comprehensive Income & Other	1,997	1,596	1,423	1,398	1,017	829
Shareholders' Equity	33,523	32,947	32,530	31,064	30,108	29,031
Total Liabilities & Equity	41,839	41,379	42,531	39,645	38,750	35,396
Total Debt	99.53	170	-	-	-	-
Net Cash (Debt)	4,689	6,242	6,460	5,841	8,537	11,390
Net Cash Growth	-11.01%	-3.38%	10.60%	-31.58%	-25.05%	38.80%
Net Cash Per Share	255.40	337.07	342.25	289.64	406.53	522.17
Filing Date Shares Outstanding	18.42	18.34	18.61	19.25	20.57	21.59
Total Common Shares Outstanding	18.42	18.34	18.61	19.63	20.61	21.78
Working Capital	23,105	22,877	22,977	23,017	23,046	22,954
Book Value Per Share	1820.28	1796.88	1747.52	1582.39	1460.82	1332.79
Tangible Book Value	33,225	32,626	32,182	30,917	30,037	29,010
Tangible Book Value Per Share	1804.11	1779.37	1728.83	1574.90	1457.38	1331.83
Order Backlog	-	10,672	11,312	10,964	9,337	7,241

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