Noritz Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	28,400	25,565	29,022	26,137	36,253	43,432
Short-Term Investments	-	-	-	-	-	102
Cash & Short-Term Investments	28,400	25,565	29,022	26,137	36,253	43,534
Cash Growth	-6.45%	-11.91%	11.04%	-27.90%	-16.73%	40.78%
Receivables	54,913	58,960	56,891	54,920	57,385	40,188
Inventory	30,697	31,750	32,320	33,821	32,223	22,033
Other Current Assets	6,952	7,839	8,034	6,640	6,322	6,255
Total Current Assets	120,962	124,114	126,267	121,518	132,183	112,010
Property, Plant & Equipment	41,918	41,047	38,796	36,523	33,990	33,865
Long-Term Investments	59,657	58,175	44,414	36,000	35,799	35,298
Goodwill	690	737	993	1,213	1,446	1,519
Other Intangible Assets	10,001	9,968	9,633	8,546	8,247	7,841
Long-Term Deferred Tax Assets	-	2,911	3,067	2,843	4,205	3,750
Other Long-Term Assets	1	1	1	3	-	2
Total Assets	233,229	237,119	223,767	207,771	216,974	194,527
Accounts Payable	30,347	38,525	37,681	39,281	48,360	34,909
Accrued Expenses	1,981	724	409	502	996	322
Short-Term Debt	6,806	5,982	3,227	2,527	2,112	809
Current Income Taxes Payable	2,519	12,670	13,700	12,335	15,041	12,961
Other Current Liabilities	22,824	13,064	13,599	12,179	13,736	9,607
Total Current Liabilities	64,477	70,965	68,616	66,824	80,245	58,608
Long-Term Debt	219	291	562	-	-	40
Pension & Post-Retirement Benefits	4,771	4,857	6,126	5,135	9,838	10,845
Long-Term Deferred Tax Liabilities	-	8,833	4,801	2,274	411	322
Other Long-Term Liabilities	15,714	7,146	6,726	6,873	6,825	8,520
Total Liabilities	85,181	92,092	86,831	81,106	97,319	78,335
Common Stock	20,167	20,167	20,167	20,167	20,167	20,167
Additional Paid-In Capital	23,063	23,063	22,995	22,956	22,956	22,963
Retained Earnings	63,612	60,940	60,822	62,410	64,309	64,995
Treasury Stock	-4,654	-4,630	-3,535	-7,215	-7,486	-7,509
Comprehensive Income & Other	40,565	40,362	31,619	23,737	15,406	11,480
Total Common Equity	142,753	139,902	132,068	122,055	115,352	112,096
Minority Interest	5,295	5,125	4,868	4,610	4,303	4,096
Shareholders' Equity	148,048	145,027	136,936	126,665	119,655	116,192
Total Liabilities & Equity	233,229	237,119	223,767	207,771	216,974	194,527
Total Debt	7,025	6,273	3,789	2,527	2,112	849
Net Cash (Debt)	21,375	19,292	25,233	23,610	34,141	42,685
Net Cash Growth	-19.57%	-23.54%	6.87%	-30.85%	-20.02%	42.01%
Net Cash Per Share	468.71	421.84	545.50	511.27	743.12	925.72
Filing Date Shares Outstanding	45.73	45.73	46.27	46.59	46.11	46
Total Common Shares Outstanding	45.73	45.73	46.27	46.13	45.96	46
Working Capital	56,485	53,149	57,651	54,694	51,938	53,402
Book Value Per Share	3121.80	3059.52	2854.32	2646.05	2509.78	2436.92
Tangible Book Value	132,062	129,197	121,442	112,296	105,659	102,736
Tangible Book Value Per Share	2888.00	2825.41	2624.67	2434.49	2298.88	2233.44

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