RIDE ON EXPRESS HOLDINGS Balance Sheet

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	7,700	6,544	7,471	7,142	4,003
Short-Term Investments	-	-	-	-	1,000
Cash & Short-Term Investments	7,700	6,544	7,471	7,142	5,003
Cash Growth	17.66%	-12.41%	4.61%	42.75%	-20.07%
Accounts Receivable	1,025	1,128	1,063	1,030	1,136
Other Receivables	356	387	505	541	564
Receivables	1,381	1,515	1,568	1,571	1,700
Inventory	517	393	328	731	330
Other Current Assets	290	257	175	156	280
Total Current Assets	9,888	8,709	9,542	9,600	7,313
Property, Plant & Equipment	722	663	640	1,017	1,140
Long-Term Investments	4,129	3,188	2,137	2,221	2,287
Other Intangible Assets	387	304	342	379	473
Long-Term Deferred Tax Assets	97	131	316	321	229
Other Long-Term Assets	1	1	1	1	2
Total Assets	15,224	12,996	12,978	13,539	11,444
Accounts Payable	1,146	1,231	1,135	1,282	1,209
Current Portion of Long-Term Debt	980	610	613	616	389
Current Income Taxes Payable	1,280	1,008	1,269	1,155	1,319
Other Current Liabilities	468	491	495	541	637
Total Current Liabilities	3,874	3,340	3,512	3,594	3,554
Long-Term Debt	1,825	1,038	1,661	2,263	2
Long-Term Deferred Tax Liabilities	157	57	-	-	-
Other Long-Term Liabilities	519	533	543	552	534
Total Liabilities	6,375	4,968	5,716	6,409	4,090
Common Stock	1,101	1,091	1,079	1,067	1,055
Additional Paid-In Capital	1,005	995	982	970	959
Retained Earnings	7,490	6,937	6,750	6,677	6,434
Treasury Stock	-1,700	-1,700	-1,700	-1,700	-1,200
Comprehensive Income & Other	951	703	150	115	105
Total Common Equity	8,847	8,026	7,261	7,129	7,353
Minority Interest	2	2	1	1	1
Shareholders' Equity	8,849	8,028	7,262	7,130	7,354
Total Liabilities & Equity	15,224	12,996	12,978	13,539	11,444
Total Debt	2,805	1,648	2,274	2,879	391
Net Cash (Debt)	4,895	4,896	5,197	4,263	4,612
Net Cash Growth	-0.02%	-5.79%	21.91%	-7.57%	-15.02%
Net Cash Per Share	499.93	501.12	533.20	434.36	441.32
Filing Date Shares Outstanding	9.8	9.78	9.75	9.73	10.11
Total Common Shares Outstanding	9.8	9.78	9.75	9.73	10.11
Working Capital	6,014	5,369	6,030	6,006	3,759
Book Value Per Share	902.93	820.83	744.38	732.56	727.04
Tangible Book Value	8,460	7,722	6,919	6,750	6,880
Tangible Book Value Per Share	863.43	789.74	709.32	693.62	680.27