HOKUETSU METAL 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	2,125	2,238	2,770	2,250	2,709	6,190
Cash & Short-Term Investments	2,125	2,238	2,770	2,250	2,709	6,190
Cash Growth	4.42%	-19.21%	23.11%	-16.94%	-56.24%	68.80%
Accounts Receivable	6,233	6,276	8,211	7,320	5,836	5,108
Other Receivables	80	-	1	19	127	49
Receivables	6,313	6,276	8,212	7,339	5,963	5,157
Inventory	3,908	4,333	4,238	5,441	5,116	4,021
Other Current Assets	220	147	165	193	202	292
Total Current Assets	12,566	12,994	15,385	15,223	13,990	15,660
Property, Plant & Equipment	9,866	10,271	10,305	9,831	9,703	9,540
Long-Term Investments	3,828	3,337	3,021	2,857	2,818	1,149
Other Intangible Assets	149	79	38	31	23	17
Long-Term Deferred Tax Assets	4	6	9	19	2	248
Other Long-Term Assets	2	1	2	1	1	1
Total Assets	26,415	26,688	28,760	27,962	26,537	26,615
Accounts Payable	3,429	3,779	5,790	5,336	5,500	4,609
Accrued Expenses	72	225	224	211	-	-
Short-Term Debt	1,751	1,593	2,158	2,450	1,950	450
Current Portion of Long-Term Debt	-	-	100	-	-	-
Current Income Taxes Payable	12	138	37	184	30	60
Other Current Liabilities	782	682	778	928	819	2,015
Total Current Liabilities	6,046	6,417	9,087	9,109	8,299	7,134
Long-Term Debt	859	1,116	1,509	1,362	1,812	2,262
Pension & Post-Retirement Benefits	854	805	821	904	927	931
Long-Term Deferred Tax Liabilities	573	389	219	-	5	-
Other Long-Term Liabilities	171	169	155	171	129	117
Total Liabilities	8,503	8,896	11,791	11,546	11,172	10,444
Common Stock	1,969	1,969	1,969	1,969	1,969	1,969
Additional Paid-In Capital	1,441	1,441	1,441	1,441	1,441	1,441
Retained Earnings	13,029	13,298	12,785	12,650	11,760	12,750
Treasury Stock	-147	-157	-160	-168	-172	-177
Comprehensive Income & Other	1,620	1,241	934	524	367	188
Total Common Equity	17,912	17,792	16,969	16,416	15,365	16,171
Shareholders' Equity	17,912	17,792	16,969	16,416	15,365	16,171
Total Liabilities & Equity	26,415	26,688	28,760	27,962	26,537	26,615
Total Debt	2,610	2,709	3,767	3,812	3,762	2,712
Net Cash (Debt)	-485	-471	-997	-1,562	-1,053	3,478
Net Cash Growth	-	-	-	-	-	-2.50%
Net Cash Per Share	-125.82	-122.34	-259.20	-406.60	-274.27	906.82
Filing Date Shares Outstanding	3.86	3.85	3.85	3.84	3.84	3.84
Total Common Shares Outstanding	3.86	3.85	3.85	3.84	3.84	3.84
Working Capital	6,520	6,577	6,298	6,114	5,691	8,526
Book Value Per Share	4642.93	4620.20	4409.11	4271.95	4001.55	4215.55
Tangible Book Value	17,763	17,713	16,931	16,385	15,342	16,154
Tangible Book Value Per Share	4604.30	4599.69	4399.23	4263.88	3995.56	4211.11

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