Daiwa Cycle Balance Sheet

Financials in millions JPY. Fiscal year is February - January.

Millions JPY. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Apr '26 Apr 30, 2026	Jan '26 Jan 31, 2026	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022
Cash & Equivalents	1,739	1,518	2,220	1,683	501	526
Short-Term Investments	-	500	-	-	-	-
Cash & Short-Term Investments	1,739	2,018	2,220	1,683	501	526
Cash Growth	-5.03%	-9.10%	31.91%	235.93%	-4.75%	-
Accounts Receivable	995	647	483	416	308	325
Other Receivables	-	-	-	-	-	127
Receivables	995	647	483	416	308	452
Inventory	4,252	3,661	3,195	2,834	2,631	1,941
Prepaid Expenses	-	172	150	138	119	105
Other Current Assets	267	90	78	90	89	96
Total Current Assets	7,253	6,588	6,126	5,161	3,648	3,120
Property, Plant & Equipment	1,387	1,318	998	869	711	620
Long-Term Investments	1,649	1,461	1,229	1,092	912	756
Other Intangible Assets	35	44	74	103	87	103
Long-Term Deferred Tax Assets	-	172	163	141	158	171
Other Long-Term Assets	1	1	2	1	1	1
Total Assets	10,325	9,584	8,592	7,367	5,517	4,771
Accounts Payable	1,588	912	907	844	792	798
Accrued Expenses	102	607	514	439	399	355
Current Income Taxes Payable	311	577	691	533	407	148
Other Current Liabilities	1,677	1,082	869	727	643	617
Total Current Liabilities	3,678	3,178	2,981	2,543	2,241	1,918
Pension & Post-Retirement Benefits	90	87	74	64	54	45
Other Long-Term Liabilities	8	8	7	6	7	7
Total Liabilities	3,776	3,273	3,062	2,613	2,302	1,970
Common Stock	562	562	555	549	10	10
Additional Paid-In Capital	552	552	545	539	-	-
Retained Earnings	5,434	5,197	4,429	3,665	3,205	2,791
Comprehensive Income & Other	1	-	1	1	-	-
Shareholders' Equity	6,549	6,311	5,530	4,754	3,215	2,801
Total Liabilities & Equity	10,325	9,584	8,592	7,367	5,517	4,771
Net Cash (Debt)	1,739	2,018	2,220	1,683	501	526
Net Cash Growth	-5.03%	-9.10%	31.91%	235.93%	-4.75%	-
Net Cash Per Share	617.95	717.28	792.40	759.40	250.50	263.00
Filing Date Shares Outstanding	2.76	2.75	2.74	2.64	2	2
Total Common Shares Outstanding	2.76	2.75	2.74	2.64	2	2
Working Capital	3,575	3,410	3,145	2,618	1,407	1,202
Book Value Per Share	2374.13	2294.67	2020.39	1800.16	1607.50	1400.50
Tangible Book Value	6,514	6,267	5,456	4,651	3,128	2,698
Tangible Book Value Per Share	2361.44	2278.67	1993.36	1761.16	1564.00	1349.00