Waseda Gakushukenkyukai Balance Sheet

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	3,726	3,769	4,593	4,296	4,013
Cash & Short-Term Investments	3,726	3,769	4,593	4,296	4,013
Cash Growth	-1.14%	-17.94%	6.91%	7.05%	54.66%
Accounts Receivable	12	11	8	8	5
Other Receivables	404	388	383	400	409
Receivables	416	399	391	408	414
Inventory	65	48	44	35	42
Prepaid Expenses	109	100	95	82	76
Other Current Assets	8	103	5	11	8
Total Current Assets	4,324	4,419	5,128	4,832	4,553
Property, Plant & Equipment	4,409	4,067	3,560	3,092	2,630
Long-Term Investments	792	698	155	151	159
Other Intangible Assets	23	48	71	97	97
Long-Term Deferred Tax Assets	84	80	59	71	57
Other Long-Term Assets	1	2	1	2	2
Total Assets	9,633	9,314	8,974	8,245	7,498
Accounts Payable	24	36	34	30	47
Accrued Expenses	515	299	318	274	257
Current Income Taxes Payable	497	515	353	429	296
Other Current Liabilities	440	559	561	542	559
Total Current Liabilities	1,476	1,409	1,266	1,275	1,159
Long-Term Leases	-	-	-	-	2
Pension & Post-Retirement Benefits	-	-	718	932	895
Other Long-Term Liabilities	875	892	178	182	175
Total Liabilities	2,351	2,301	2,162	2,389	2,231
Common Stock	183	183	183	50	50
Additional Paid-In Capital	30	31	34	34	34
Retained Earnings	7,234	6,890	6,594	5,772	5,183
Treasury Stock	-158	-92	-	-	-
Comprehensive Income & Other	-7	1	1	-	-
Shareholders' Equity	7,282	7,013	6,812	5,856	5,267
Total Liabilities & Equity	9,633	9,314	8,974	8,245	7,498
Total Debt	-	-	-	-	2
Net Cash (Debt)	3,726	3,769	4,593	4,296	4,011
Net Cash Growth	-1.14%	-17.94%	6.91%	7.11%	73.40%
Net Cash Per Share	370.55	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	2,848	3,010	3,862	3,557	3,394
Book Value Per Share	723.95	691.84	667.16	582.04	523.49
Tangible Book Value	7,259	6,965	6,741	5,759	5,170
Tangible Book Value Per Share	721.66	687.11	660.21	572.39	513.85