Hirakawa Hewtech 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	16,636	13,778	12,691	9,224	8,581	8,299
Short-Term Investments	94	159	-	100	201	200
Cash & Short-Term Investments	16,730	13,937	12,691	9,324	8,782	8,499
Cash Growth	13.90%	9.82%	36.11%	6.17%	3.33%	-9.94%
Receivables	10,307	7,977	7,841	9,122	7,886	7,427
Inventory	10,258	7,414	8,170	9,495	7,092	4,809
Other Current Assets	822	771	400	510	1,213	558
Total Current Assets	38,117	30,099	29,102	28,451	24,973	21,293
Property, Plant & Equipment	14,579	12,989	13,286	12,597	13,502	12,932
Long-Term Investments	4,488	2,591	2,492	2,134	2,003	1,897
Other Intangible Assets	967	898	1,003	969	943	895
Long-Term Deferred Tax Assets	-	527	666	116	151	165
Other Long-Term Assets	1	2	2	2	2	2
Total Assets	58,152	47,106	46,551	44,269	41,574	37,184
Accounts Payable	2,643	1,695	1,588	2,859	2,965	1,832
Accrued Expenses	149	66	73	75	61	59
Short-Term Debt	1,754	1,168	1,713	2,064	2,163	1,779
Current Income Taxes Payable	607	206	530	485	256	228
Other Current Liabilities	2,127	1,565	1,630	1,340	1,274	1,012
Total Current Liabilities	7,280	4,700	5,534	6,823	6,719	4,910
Long-Term Debt	3,940	1,781	1,493	1,171	2,269	2,499
Pension & Post-Retirement Benefits	1,976	1,805	1,948	2,087	2,046	2,073
Other Long-Term Liabilities	502	102	94	56	123	218
Total Liabilities	13,698	8,388	9,069	10,137	11,157	9,700
Common Stock	1,555	1,555	1,555	1,555	1,555	1,555
Additional Paid-In Capital	997	1,412	1,412	1,459	1,459	1,459
Retained Earnings	33,241	30,969	29,505	28,622	26,053	24,922
Treasury Stock	-1,846	-2,340	-2,340	-2,340	-2,340	-2,340
Comprehensive Income & Other	9,299	7,122	7,350	4,832	3,690	1,888
Total Common Equity	43,246	38,718	37,482	34,128	30,417	27,484
Minority Interest	1,208	-	-	4	-	-
Shareholders' Equity	44,454	38,718	37,482	34,132	30,417	27,484
Total Liabilities & Equity	58,152	47,106	46,551	44,269	41,574	37,184
Total Debt	5,694	2,949	3,206	3,235	4,432	4,278
Net Cash (Debt)	11,036	10,988	9,485	6,089	4,350	4,221
Net Cash Growth	-1.81%	15.85%	55.77%	39.98%	3.06%	-19.66%
Net Cash Per Share	747.05	745.00	675.23	433.47	309.67	300.49
Filing Date Shares Outstanding	14.81	14.75	14.05	14.05	14.05	14.05
Total Common Shares Outstanding	14.81	14.75	14.05	14.05	14.05	14.05
Working Capital	30,837	25,399	23,568	21,628	18,254	16,383
Book Value Per Share	2920.93	2625.01	2668.27	2429.50	2165.31	1956.52
Tangible Book Value	42,279	37,820	36,479	33,159	29,474	26,589
Tangible Book Value Per Share	2855.62	2564.13	2596.87	2360.52	2098.18	1892.80
Order Backlog	-	7,645	6,860	8,267	8,428	4,992

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