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	Sep '25 Sep 30, 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	4,333	2,917	3,897	3,330	4,419	3,462
Cash & Short-Term Investments	4,333	2,917	3,897	3,330	4,419	3,462
Cash Growth	20.23%	-25.15%	17.03%	-24.64%	27.64%	-1.48%
Receivables	9,806	10,459	8,361	7,706	8,140	9,913
Inventory	5,795	5,569	6,858	5,962	5,692	4,876
Other Current Assets	423	2,659	1,917	1,778	997	344
Total Current Assets	20,357	21,604	21,033	18,776	19,248	18,595
Property, Plant & Equipment	4,900	5,017	3,193	3,905	3,728	3,784
Long-Term Investments	8,349	7,127	5,655	4,419	4,127	3,770
Other Intangible Assets	237	301	406	521	568	310
Other Long-Term Assets	2	2	2	2	2	2
Total Assets	33,845	34,051	30,289	27,623	27,673	26,461
Accounts Payable	3,487	3,042	3,225	3,190	3,129	2,703
Accrued Expenses	771	889	905	987	1,078	1,153
Short-Term Debt	2,054	3,472	2,032	1,452	882	1,799
Current Portion of Leases	-	14	14	14	14	1
Current Income Taxes Payable	495	675	211	234	390	447
Other Current Liabilities	277	324	346	694	1,285	130
Total Current Liabilities	7,084	8,416	6,733	6,571	6,778	6,233
Long-Term Debt	4,499	4,366	4,066	1,908	2,211	2,354
Long-Term Leases	-	116	130	144	158	-
Pension & Post-Retirement Benefits	808	806	819	858	954	1,065
Long-Term Deferred Tax Liabilities	1,589	1,229	799	383	278	157
Other Long-Term Liabilities	498	382	409	405	405	538
Total Liabilities	14,478	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	6,598	6,736	6,231	7,346	7,062	6,271
Treasury Stock	-392	-400	-416	-417	-427	-140
Comprehensive Income & Other	4,141	3,381	2,499	1,406	1,235	964
Total Common Equity	19,367	18,736	17,333	17,354	16,889	16,114
Shareholders' Equity	19,367	18,736	17,333	17,354	16,889	16,114
Total Liabilities & Equity	33,845	34,051	30,289	27,623	27,673	26,461
Total Debt	6,553	7,968	6,242	3,518	3,265	4,154
Net Cash (Debt)	-2,220	-5,051	-2,345	-188	1,154	-692
Net Cash Per Share	-184.03	-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	13,273	13,188	14,300	12,205	12,470	12,362
Book Value Per Share	1604.40	1553.48	1438.73	1440.72	1403.47	1299.84
Tangible Book Value	19,130	18,435	16,927	16,833	16,321	15,804
Tangible Book Value Per Share	1584.77	1528.52	1405.03	1397.47	1356.27	1274.83
Order Backlog	-	8,644	8,143	9,026	7,598	7,452

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.