Tohoku Steel 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	9,796	8,104	7,027	4,838	5,539	5,402
Short-Term Investments	650	850	950	700	900	711
Cash & Short-Term Investments	10,446	8,954	7,977	5,538	6,439	6,113
Cash Growth	9.46%	12.25%	44.04%	-13.99%	5.33%	3.75%
Receivables	4,539	4,946	5,038	5,009	4,350	3,755
Inventory	3,519	3,352	4,179	4,452	3,426	2,649
Other Current Assets	357	161	412	346	234	279
Total Current Assets	18,861	17,413	17,606	15,345	14,449	12,796
Property, Plant & Equipment	9,567	9,601	9,973	10,233	10,032	10,307
Long-Term Investments	6,979	6,645	6,860	6,799	6,462	6,513
Other Intangible Assets	235	265	170	117	65	72
Long-Term Deferred Tax Assets	6	103	183	211	208	96
Other Long-Term Assets	2	2	1	2	1	1
Total Assets	35,650	34,031	34,793	32,708	31,217	29,786
Accounts Payable	2,859	2,682	3,276	3,207	1,976	1,952
Accrued Expenses	155	337	321	343	347	323
Current Income Taxes Payable	117	113	134	112	371	177
Other Current Liabilities	722	823	1,357	727	1,143	1,005
Total Current Liabilities	3,853	3,955	5,088	4,389	3,837	3,457
Pension & Post-Retirement Benefits	104	92	91	79	77	70
Long-Term Deferred Tax Liabilities	261	59	80	-	-	-
Other Long-Term Liabilities	2,318	2,006	1,965	1,970	1,989	2,095
Total Liabilities	6,536	6,112	7,224	6,438	5,903	5,622
Common Stock	827	827	827	827	827	827
Additional Paid-In Capital	560	560	560	560	560	560
Retained Earnings	26,344	25,711	24,974	24,210	23,303	22,314
Treasury Stock	-232	-232	-18	-18	-18	-18
Comprehensive Income & Other	1,615	1,053	1,226	691	642	481
Shareholders' Equity	29,114	27,919	27,569	26,270	25,314	24,164
Total Liabilities & Equity	35,650	34,031	34,793	32,708	31,217	29,786
Net Cash (Debt)	10,446	8,954	7,977	5,538	6,439	6,113
Net Cash Growth	9.46%	12.25%	44.04%	-13.99%	5.33%	3.75%
Net Cash Per Share	1404.76	1191.97	1059.52	735.56	855.23	811.93
Filing Date Shares Outstanding	7.43	7.43	7.53	7.53	7.53	7.53
Total Common Shares Outstanding	7.43	7.43	7.53	7.53	7.53	7.53
Working Capital	15,008	13,458	12,518	10,956	10,612	9,339
Book Value Per Share	3919.62	3758.74	3661.78	3489.22	3362.23	3209.49
Tangible Book Value	28,879	27,654	27,399	26,153	25,249	24,092
Tangible Book Value Per Share	3887.98	3723.06	3639.20	3473.68	3353.60	3199.92
Order Backlog	-	4,117	4,396	5,212	4,854	4,381

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