Tsugami 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	42,180	27,729	30,495	25,779	18,844
Cash & Short-Term Investments	42,180	27,729	30,495	25,779	18,844
Cash Growth	52.12%	-9.07%	18.29%	36.80%	9.51%
Accounts Receivable	50,321	40,695	27,980	23,117	27,614
Other Receivables	-	1,256	1,229	2,515	2,397
Receivables	50,321	41,951	29,209	25,632	30,011
Inventory	32,724	32,629	32,730	38,500	32,618
Prepaid Expenses	-	157	178	198	234
Other Current Assets	1,271	333	323	261	329
Total Current Assets	126,496	102,799	92,935	90,370	82,036
Property, Plant & Equipment	20,256	18,539	18,402	16,111	16,106
Long-Term Investments	6,525	5,181	5,554	4,811	4,404
Other Intangible Assets	142	166	359	615	903
Long-Term Deferred Tax Assets	635	619	461	455	308
Other Long-Term Assets	1	2	3	2	4
Total Assets	154,055	127,306	117,714	112,364	103,761
Accounts Payable	20,073	17,649	17,546	20,384	22,234
Accrued Expenses	-	329	313	244	201
Short-Term Debt	9,010	11,524	16,816	17,698	13,313
Current Portion of Leases	-	199	205	196	170
Current Income Taxes Payable	3,794	4,001	2,189	1,893	1,853
Other Current Liabilities	8,209	4,615	2,978	3,274	5,102
Total Current Liabilities	41,086	38,317	40,047	43,689	42,873
Long-Term Leases	-	163	183	145	106
Pension & Post-Retirement Benefits	931	967	903	918	924
Long-Term Deferred Tax Liabilities	4,752	3,123	3,555	2,123	1,460
Other Long-Term Liabilities	810	622	665	568	558
Total Liabilities	47,579	43,192	45,353	47,443	45,921
Common Stock	12,345	12,345	12,345	12,345	12,345
Additional Paid-In Capital	706	2,878	2,885	3,022	3,222
Retained Earnings	53,405	39,822	34,065	30,945	25,795
Treasury Stock	-2,767	-861	-3,008	-2,247	-2,040
Comprehensive Income & Other	16,413	8,713	10,318	6,888	6,258
Total Common Equity	80,102	62,897	56,605	50,953	45,580
Minority Interest	26,374	21,217	15,756	13,968	12,260
Shareholders' Equity	106,476	84,114	72,361	64,921	57,840
Total Liabilities & Equity	154,055	127,306	117,714	112,364	103,761
Total Debt	9,010	11,886	17,204	18,039	13,589
Net Cash (Debt)	33,170	15,843	13,291	7,740	5,255
Net Cash Growth	109.37%	19.20%	71.72%	47.29%	-27.96%
Net Cash Per Share	706.13	332.14	274.51	158.24	104.18
Filing Date Shares Outstanding	46.08	47.4	47.44	48.06	48.18
Total Common Shares Outstanding	46.08	47.4	47.55	48.18	48.4
Working Capital	85,410	64,482	52,888	46,681	39,163
Book Value Per Share	1738.36	1327.02	1190.52	1057.66	941.81
Tangible Book Value	79,960	62,731	56,246	50,338	44,677
Tangible Book Value Per Share	1735.28	1323.52	1182.97	1044.89	923.15