Toyo Shutter 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	4,035	3,799	4,699	3,479	2,945	2,236
Cash & Short-Term Investments	4,035	3,799	4,699	3,479	2,945	2,236
Cash Growth	-18.73%	-19.15%	35.07%	18.13%	31.71%	-1.84%
Receivables	4,991	3,887	4,481	4,561	4,096	5,519
Inventory	2,575	2,420	2,400	2,437	2,125	2,018
Other Current Assets	553	1,308	1,747	1,445	1,869	282
Total Current Assets	12,154	11,414	13,327	11,922	11,035	10,055
Property, Plant & Equipment	5,416	5,617	5,408	5,323	5,377	5,468
Long-Term Investments	1,283	1,339	1,277	1,105	1,029	971
Other Intangible Assets	163	187	238	107	162	226
Long-Term Deferred Tax Assets	-	160	75	207	132	88
Other Long-Term Assets	1	2	2	1	1	3
Total Assets	19,017	18,719	20,327	18,665	17,736	16,811
Accounts Payable	3,097	2,262	4,576	4,233	3,986	3,583
Accrued Expenses	240	595	567	501	370	358
Short-Term Debt	1,000	1,000	1,000	1,000	1,000	900
Current Portion of Long-Term Debt	93	193	2,239	166	181	2,291
Current Portion of Leases	236	244	194	165	188	189
Current Income Taxes Payable	561	831	771	725	777	571
Other Current Liabilities	933	873	883	1,100	767	576
Total Current Liabilities	6,160	5,998	10,230	7,890	7,269	8,468
Long-Term Debt	2,096	2,136	329	2,305	2,471	652
Long-Term Leases	911	1,058	758	506	442	443
Pension & Post-Retirement Benefits	27	27	29	25	26	29
Long-Term Deferred Tax Liabilities	37	-	-	-	-	-
Other Long-Term Liabilities	7	7	7	9	10	36
Total Liabilities	9,238	9,226	11,353	10,735	10,218	9,628
Common Stock	2,024	2,024	2,024	2,024	2,024	2,024
Additional Paid-In Capital	186	186	186	186	186	186
Retained Earnings	7,504	7,243	6,647	5,801	5,337	4,994
Treasury Stock	-50	-49	-49	-48	-48	-47
Comprehensive Income & Other	115	89	166	-33	19	26
Shareholders' Equity	9,779	9,493	8,974	7,930	7,518	7,183
Total Liabilities & Equity	19,017	18,719	20,327	18,665	17,736	16,811
Total Debt	4,336	4,631	4,520	4,142	4,282	4,475
Net Cash (Debt)	-301	-832	179	-663	-1,337	-2,239
Net Cash Per Share	-47.53	-131.37	28.26	-104.66	-211.03	-353.36
Filing Date Shares Outstanding	6.33	6.33	6.33	6.33	6.34	6.34
Total Common Shares Outstanding	6.33	6.33	6.33	6.33	6.34	6.34
Working Capital	5,994	5,416	3,097	4,032	3,766	1,587
Book Value Per Share	1544.28	1499.02	1416.87	1251.82	1186.69	1133.67
Tangible Book Value	9,616	9,306	8,736	7,823	7,356	6,957
Tangible Book Value Per Share	1518.54	1469.49	1379.29	1234.93	1161.11	1098.00
Order Backlog	-	7,789	7,083	6,766	7,196	7,945

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.