JAPAN MATERIAL 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	19,409	16,318	6,119	9,839	9,863	10,234
Cash & Short-Term Investments	19,409	16,318	6,119	9,839	9,863	10,234
Cash Growth	67.75%	166.68%	-37.81%	-0.24%	-3.62%	70.45%
Receivables	22,641	23,744	23,012	18,136	16,556	14,995
Inventory	7,759	6,476	7,734	7,771	4,907	3,197
Other Current Assets	451	452	1,544	2,687	2,040	229
Total Current Assets	50,260	46,990	38,409	38,433	33,366	28,655
Property, Plant & Equipment	15,086	15,038	14,104	11,214	9,171	6,157
Long-Term Investments	2,682	1,018	1,357	1,990	2,345	3,538
Goodwill	666	818	864	-	-	-
Other Intangible Assets	870	1,013	1,016	43	43	53
Long-Term Deferred Tax Assets	-	824	675	751	575	552
Other Long-Term Assets	1	1	2	2	2	2
Total Assets	69,565	65,702	56,427	52,433	45,502	38,957
Accounts Payable	4,120	3,772	2,686	2,589	3,658	2,453
Accrued Expenses	1,143	1,629	1,238	1,047	978	1,010
Short-Term Debt	-	-	-	-	134	55
Current Income Taxes Payable	2,150	3,673	2,181	3,062	1,922	2,376
Other Current Liabilities	1,345	620	704	434	352	284
Total Current Liabilities	8,758	9,694	6,809	7,132	7,044	6,178
Long-Term Leases	176	105	253	412	575	527
Pension & Post-Retirement Benefits	1,205	1,103	961	708	589	391
Other Long-Term Liabilities	209	218	485	640	93	100
Total Liabilities	10,348	11,120	8,508	8,892	8,301	7,196
Common Stock	1,317	1,317	1,317	1,317	1,317	1,317
Additional Paid-In Capital	1,869	1,849	1,821	1,643	1,618	1,598
Retained Earnings	55,328	50,698	44,776	41,147	35,090	29,997
Treasury Stock	-1,002	-1,010	-1,017	-1,053	-1,060	-1,066
Comprehensive Income & Other	1,219	1,275	707	487	236	-85
Total Common Equity	58,731	54,129	47,604	43,541	37,201	31,761
Minority Interest	486	453	315	-	-	-
Shareholders' Equity	59,217	54,582	47,919	43,541	37,201	31,761
Total Liabilities & Equity	69,565	65,702	56,427	52,433	45,502	38,957
Total Debt	176	105	253	412	709	582
Net Cash (Debt)	19,233	16,213	5,866	9,427	9,154	9,652
Net Cash Growth	68.15%	176.39%	-37.77%	2.98%	-5.16%	83.74%
Net Cash Per Share	187.16	157.79	57.12	91.84	89.20	94.05
Filing Date Shares Outstanding	102.77	102.76	102.74	102.65	102.64	102.62
Total Common Shares Outstanding	102.77	102.76	102.74	102.65	102.64	102.62
Working Capital	41,502	37,296	31,600	31,301	26,322	22,477
Book Value Per Share	571.46	526.78	463.35	424.16	362.45	309.50
Tangible Book Value	57,195	52,298	45,724	43,498	37,158	31,708
Tangible Book Value Per Share	556.52	508.96	445.05	423.74	362.03	308.98
Order Backlog	-	7,199	3,587	11,381	4,367	4,260

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