H-One 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	15,872	19,310	18,892	10,420	7,188	3,595
Cash & Short-Term Investments	15,872	19,310	18,892	10,420	7,188	3,595
Cash Growth	-19.32%	2.21%	81.31%	44.96%	99.94%	-71.70%
Receivables	36,534	36,345	39,027	43,679	41,798	31,631
Inventory	37,110	26,544	27,600	23,363	32,355	23,512
Other Current Assets	3,958	4,163	4,348	7,616	4,667	7,053
Total Current Assets	93,474	86,362	89,867	85,078	86,008	65,791
Property, Plant & Equipment	83,133	68,599	67,628	82,851	89,866	81,902
Long-Term Investments	25,594	22,453	22,799	17,517	16,221	14,620
Goodwill	-	401	424	862	833	745
Other Intangible Assets	569	173	207	237	300	276
Long-Term Deferred Tax Assets	561	542	669	767	749	637
Other Long-Term Assets	2	4	3	3	3	4
Total Assets	203,333	178,534	181,597	187,315	193,980	163,975
Accounts Payable	17,219	23,432	26,721	30,282	29,013	20,092
Short-Term Debt	33,555	25,161	27,244	20,186	14,384	4,149
Current Portion of Long-Term Debt	-	15,965	16,856	15,723	16,758	13,316
Current Income Taxes Payable	1,766	241	1,141	414	272	564
Other Current Liabilities	21,707	14,221	16,079	14,329	14,105	15,199
Total Current Liabilities	74,247	79,020	88,041	80,934	74,532	53,320
Long-Term Debt	42,037	24,217	27,674	29,559	33,797	27,850
Pension & Post-Retirement Benefits	4,291	4,108	4,347	4,701	6,999	7,604
Long-Term Deferred Tax Liabilities	2,218	1,514	3,879	1,874	1,362	1,382
Other Long-Term Liabilities	4,668	4,134	2,102	1,329	1,685	1,495
Total Liabilities	127,461	112,993	126,043	118,397	118,375	91,651
Common Stock	4,366	4,366	4,366	4,366	4,366	4,366
Additional Paid-In Capital	12,920	12,914	12,907	12,911	12,911	12,906
Retained Earnings	31,122	27,840	17,700	39,888	47,584	49,700
Treasury Stock	-173	-239	-298	-327	-209	-244
Comprehensive Income & Other	24,963	19,119	20,506	11,744	8,267	557
Total Common Equity	73,198	64,000	55,181	68,582	72,919	67,285
Minority Interest	2,674	1,541	373	336	2,686	5,039
Shareholders' Equity	75,872	65,541	55,554	68,918	75,605	72,324
Total Liabilities & Equity	203,333	178,534	181,597	187,315	193,980	163,975
Total Debt	75,592	65,343	71,774	65,468	64,939	45,315
Net Cash (Debt)	-59,720	-46,033	-52,882	-55,048	-57,751	-41,720
Net Cash Per Share	-2103.83	-1621.39	-1891.62	-1962.08	-2055.34	-1469.48
Filing Date Shares Outstanding	28.15	28.05	27.97	27.93	28.11	28.07
Total Common Shares Outstanding	28.15	28.05	27.97	27.93	28.11	28.07
Working Capital	19,227	7,342	1,826	4,144	11,476	12,471
Book Value Per Share	2600.45	2281.29	1972.91	2455.58	2593.79	2397.45
Tangible Book Value	72,629	63,426	54,550	67,483	71,786	66,264
Tangible Book Value Per Share	2580.23	2260.83	1950.35	2416.23	2553.48	2361.07
Order Backlog	-	18,859	19,986	18,907	22,199	14,957

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