Kyowakogyosyo Balance Sheet

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

Millions JPY. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Cash & Equivalents	5,106	5,269	5,235	6,377	5,371	5,167
Short-Term Investments	4,699	4,000	3,199	1,700	1,700	1,700
Cash & Short-Term Investments	9,805	9,269	8,434	8,077	7,071	6,867
Cash Growth	15.22%	9.90%	4.42%	14.23%	2.97%	10.49%
Receivables	2,358	2,606	2,839	3,630	3,675	2,562
Inventory	607	617	599	654	880	730
Other Current Assets	24	12	11	13	18	28
Total Current Assets	12,794	12,504	11,883	12,374	11,644	10,187
Property, Plant & Equipment	2,734	2,859	3,006	2,424	2,536	2,314
Long-Term Investments	3,153	2,683	2,905	2,230	2,073	1,838
Other Intangible Assets	3	3	5	8	8	12
Long-Term Deferred Tax Assets	-	-	3	1	-	-
Other Long-Term Assets	1	1	1	2	2	2
Total Assets	18,685	18,151	17,903	17,139	16,362	14,452
Accounts Payable	674	693	629	802	850	628
Accrued Expenses	215	207	198	231	230	190
Current Portion of Long-Term Debt	-	-	2	102	126	154
Current Income Taxes Payable	125	537	484	705	888	471
Other Current Liabilities	465	170	98	127	235	111
Total Current Liabilities	1,479	1,607	1,411	1,967	2,329	1,554
Long-Term Debt	-	-	-	2	104	24
Pension & Post-Retirement Benefits	485	737	628	584	533	499
Long-Term Deferred Tax Liabilities	-	149	316	125	55	118
Other Long-Term Liabilities	384	3	2	6	8	11
Total Liabilities	2,348	2,496	2,357	2,684	3,029	2,206
Common Stock	592	592	592	592	592	592
Additional Paid-In Capital	464	464	464	464	464	464
Retained Earnings	14,242	13,918	13,318	11,984	11,027	10,054
Treasury Stock	-290	-290	-10	-9	-9	-9
Comprehensive Income & Other	1,329	971	1,182	1,424	1,259	1,145
Shareholders' Equity	16,337	15,655	15,546	14,455	13,333	12,246
Total Liabilities & Equity	18,685	18,151	17,903	17,139	16,362	14,452
Total Debt	-	-	2	104	230	178
Net Cash (Debt)	9,805	9,269	8,432	7,973	6,841	6,689
Net Cash Growth	15.22%	9.93%	5.76%	16.55%	2.27%	15.59%
Net Cash Per Share	7532.08	7009.94	6211.00	5872.44	5038.66	4926.61
Filing Date Shares Outstanding	1.3	1.3	1.36	1.36	1.36	1.36
Total Common Shares Outstanding	1.3	1.3	1.36	1.36	1.36	1.36
Working Capital	11,315	10,897	10,472	10,407	9,315	8,633
Book Value Per Share	12552.13	12027.94	11451.49	10647.11	9820.26	9019.65
Tangible Book Value	16,334	15,652	15,541	14,447	13,325	12,234
Tangible Book Value Per Share	12549.83	12025.63	11447.80	10641.21	9814.37	9010.81
Order Backlog	-	1.2	0.01	3.71	33.48	9.83

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