Waseda Gakushukenkyukai 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 2020
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 '20 Mar 31, 2020
Cash & Equivalents	3,743	3,769	4,593	4,296	4,013	2,595
Cash & Short-Term Investments	3,743	3,769	4,593	4,296	4,013	2,595
Cash Growth	2.52%	-17.94%	6.91%	7.05%	54.66%	105.24%
Accounts Receivable	21	11	8	8	5	-
Other Receivables	857	388	383	400	409	-
Receivables	878	399	391	408	414	-
Inventory	52	48	44	35	42	35.05
Prepaid Expenses	145	100	95	82	76	-
Other Current Assets	6	103	5	11	8	231.84
Total Current Assets	4,824	4,419	5,128	4,832	4,553	2,862
Property, Plant & Equipment	4,203	4,067	3,560	3,092	2,630	2,254
Long-Term Investments	709	698	155	151	159	-
Other Intangible Assets	29	48	71	97	97	36.15
Long-Term Deferred Tax Assets	80	80	59	71	57	-
Other Long-Term Assets	1	2	1	2	2	787.32
Total Assets	9,846	9,314	8,974	8,245	7,498	5,939
Accounts Payable	31	36	34	30	47	-
Accrued Expenses	436	299	318	274	257	-
Short-Term Debt	-	-	-	-	-	184.73
Current Income Taxes Payable	254	515	353	429	296	-
Other Current Liabilities	900	559	561	542	559	760.35
Total Current Liabilities	1,621	1,409	1,266	1,275	1,159	945.08
Long-Term Debt	-	-	-	-	-	96.89
Long-Term Leases	-	-	-	-	2	-
Pension & Post-Retirement Benefits	-	-	718	932	895	-
Other Long-Term Liabilities	895	892	178	182	175	11.94
Total Liabilities	2,516	2,301	2,162	2,389	2,231	1,054
Common Stock	183	183	183	50	50	4,885
Additional Paid-In Capital	27	31	34	34	34	-
Retained Earnings	7,275	6,890	6,594	5,772	5,183	-
Treasury Stock	-157	-92	-	-	-	-
Comprehensive Income & Other	2	1	1	-	-	-
Shareholders' Equity	7,330	7,013	6,812	5,856	5,267	4,885
Total Liabilities & Equity	9,846	9,314	8,974	8,245	7,498	5,939
Total Debt	-	-	-	-	2	281.62
Net Cash (Debt)	3,743	3,769	4,593	4,296	4,011	2,313
Net Cash Growth	2.52%	-17.94%	6.91%	7.11%	73.40%	160.83%
Net Cash Per Share	371.52	371.40	454.62	426.98	398.66	-
Filing Date Shares Outstanding	10.06	10.14	10.21	10.06	10.06	-
Total Common Shares Outstanding	10.06	10.14	10.21	10.06	10.06	-
Working Capital	3,203	3,010	3,862	3,557	3,394	-
Book Value Per Share	728.69	691.84	667.16	582.04	523.49	-
Tangible Book Value	7,301	6,965	6,741	5,759	5,170	-
Tangible Book Value Per Share	725.81	687.11	660.21	572.39	513.85	-

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