Howa Machinery 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	3,886	2,917	3,897	3,330	4,419	3,462
Cash & Short-Term Investments	3,886	2,917	3,897	3,330	4,419	3,462
Cash Growth	34.60%	-25.15%	17.03%	-24.64%	27.64%	-1.48%
Receivables	8,777	10,459	8,361	7,706	8,140	9,913
Inventory	6,628	5,569	6,858	5,962	5,692	4,876
Other Current Assets	665	2,659	1,917	1,778	997	344
Total Current Assets	19,956	21,604	21,033	18,776	19,248	18,595
Property, Plant & Equipment	4,820	5,017	3,193	3,905	3,728	3,784
Long-Term Investments	9,140	7,127	5,655	4,419	4,127	3,770
Other Intangible Assets	205	301	406	521	568	310
Other Long-Term Assets	2	2	2	2	2	2
Total Assets	34,123	34,051	30,289	27,623	27,673	26,461
Accounts Payable	3,070	3,042	3,225	3,190	3,129	2,703
Accrued Expenses	736	889	905	987	1,078	1,153
Short-Term Debt	1,814	3,472	2,032	1,452	882	1,799
Current Portion of Leases	-	14	14	14	14	1
Current Income Taxes Payable	343	675	211	234	390	447
Other Current Liabilities	392	324	346	694	1,285	130
Total Current Liabilities	6,355	8,416	6,733	6,571	6,778	6,233
Long-Term Debt	4,255	4,366	4,066	1,908	2,211	2,354
Long-Term Leases	-	116	130	144	158	-
Pension & Post-Retirement Benefits	816	806	819	858	954	1,065
Long-Term Deferred Tax Liabilities	1,837	1,229	799	383	278	157
Other Long-Term Liabilities	495	382	409	405	405	538
Total Liabilities	13,758	15,315	12,956	10,269	10,784	10,347
Common Stock	9,019	9,019	9,019	9,019	9,019	9,019
Retained Earnings	7,041	6,736	6,231	7,346	7,062	6,271
Treasury Stock	-392	-400	-416	-417	-427	-140
Comprehensive Income & Other	4,696	3,381	2,499	1,406	1,235	964
Total Common Equity	20,365	18,736	17,333	17,354	16,889	16,114
Shareholders' Equity	20,365	18,736	17,333	17,354	16,889	16,114
Total Liabilities & Equity	34,123	34,051	30,289	27,623	27,673	26,461
Total Debt	6,069	7,968	6,242	3,518	3,265	4,154
Net Cash (Debt)	-2,183	-5,051	-2,345	-188	1,154	-692
Net Cash Per Share	-180.92	-418.91	-194.54	-15.61	93.49	-55.83
Filing Date Shares Outstanding	12.07	12.06	12.22	12.05	12.03	12.4
Total Common Shares Outstanding	12.07	12.06	12.05	12.05	12.03	12.4
Working Capital	13,601	13,188	14,300	12,205	12,470	12,362
Book Value Per Share	1686.81	1553.48	1438.73	1440.72	1403.47	1299.84
Tangible Book Value	20,160	18,435	16,927	16,833	16,321	15,804
Tangible Book Value Per Share	1669.83	1528.52	1405.03	1397.47	1356.27	1274.83
Order Backlog	-	8,644	8,143	9,026	7,598	7,452

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