Maruichi Steel Tube 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	73,742	100,242	91,866	88,542	71,050	81,877
Short-Term Investments	15,961	17,088	13,508	11,615	13,189	15,544
Cash & Short-Term Investments	89,703	117,330	105,374	100,157	84,239	97,421
Cash Growth	-5.58%	11.35%	5.21%	18.90%	-13.53%	-7.44%
Accounts Receivable	50,342	49,923	55,167	52,801	50,169	37,456
Other Receivables	-	1,241	1,380	1,457	1,732	1,500
Receivables	50,342	51,164	56,547	54,258	51,901	38,956
Inventory	57,177	54,889	57,850	60,560	54,201	31,927
Other Current Assets	8,435	3,199	2,395	2,402	2,221	952
Total Current Assets	205,657	226,582	222,166	217,377	192,562	169,256
Property, Plant & Equipment	127,846	123,825	104,092	91,710	86,782	86,091
Long-Term Investments	69,638	70,953	99,923	81,412	88,251	73,571
Goodwill	90	161	175	192	318	95
Other Intangible Assets	2,516	2,216	1,942	1,452	1,344	821
Long-Term Deferred Tax Assets	-	1,895	1,231	1,021	820	416
Other Long-Term Assets	6,145	2	-	1	1	2
Total Assets	411,892	425,634	429,529	393,165	370,078	330,252
Accounts Payable	26,773	24,757	30,204	33,832	34,477	23,049
Accrued Expenses	822	4,835	5,174	4,702	4,671	3,492
Short-Term Debt	2,887	3,516	5,449	7,544	3,331	7,981
Current Income Taxes Payable	727	14,332	5,863	7,112	6,690	5,653
Other Current Liabilities	12,875	3,630	2,520	2,257	819	1,556
Total Current Liabilities	44,084	51,070	49,210	55,447	49,988	41,731
Long-Term Debt	966	1,500	2,224	1,652	345	458
Pension & Post-Retirement Benefits	3,727	3,756	4,105	3,950	3,951	4,912
Long-Term Deferred Tax Liabilities	2,923	723	12,438	6,906	7,306	5,104
Other Long-Term Liabilities	8,029	8,860	1,053	992	897	1,072
Total Liabilities	59,729	65,909	69,030	68,947	62,487	53,277
Common Stock	9,595	9,595	9,595	9,595	9,595	9,595
Additional Paid-In Capital	15,469	15,354	13,414	13,436	15,796	15,899
Retained Earnings	314,623	308,522	292,032	274,533	257,951	261,392
Treasury Stock	-32,491	-20,852	-10,922	-11,061	-10,072	-28,923
Comprehensive Income & Other	32,121	31,745	43,001	27,126	24,366	11,433
Total Common Equity	339,317	344,364	347,120	313,629	297,636	269,396
Minority Interest	12,846	15,361	13,379	10,589	9,955	7,579
Shareholders' Equity	352,163	359,725	360,499	324,218	307,591	276,975
Total Liabilities & Equity	411,892	425,634	429,529	393,165	370,078	330,252
Total Debt	3,853	5,016	7,673	9,196	3,676	8,439
Net Cash (Debt)	85,850	112,314	97,701	90,961	80,563	88,982
Net Cash Growth	-5.11%	14.96%	7.41%	12.91%	-9.46%	-8.91%
Net Cash Per Share	385.74	468.15	408.50	380.25	329.36	359.09
Filing Date Shares Outstanding	222.56	228.7	239.03	238.87	238.82	245.73
Total Common Shares Outstanding	222.56	231.74	239.03	238.87	239.9	245.73
Working Capital	161,573	175,512	172,956	161,930	142,574	127,525
Book Value Per Share	1524.60	1485.98	1452.18	1312.97	1240.67	1096.30
Tangible Book Value	336,711	341,987	345,003	311,985	295,974	268,480
Tangible Book Value Per Share	1512.89	1475.72	1443.32	1306.08	1233.74	1092.57

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