Marumae Balance Sheet

Financials in millions JPY. Fiscal year is September - August.

Millions JPY. Fiscal year is Sep - Aug.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021
Cash & Equivalents	4,178	4,253	3,028	3,496	3,011	2,505
Cash & Short-Term Investments	4,178	4,253	3,028	3,496	3,011	2,505
Cash Growth	65.15%	40.45%	-13.39%	16.11%	20.20%	-1.38%
Accounts Receivable	2,462	2,384	1,588	980	2,488	1,682
Receivables	2,462	2,384	1,588	980	2,488	1,682
Inventory	2,969	2,758	826	813	1,062	597
Prepaid Expenses	-	-	22	23	17	24
Other Current Assets	1,143	1,083	108	136	13	5
Total Current Assets	10,752	10,478	5,572	5,448	6,591	4,813
Property, Plant & Equipment	9,642	9,538	5,670	5,957	5,757	4,756
Long-Term Investments	-	-	8	8	9	10
Goodwill	4,621	4,697	-	-	-	-
Other Intangible Assets	39	41.96	16	26	38	51
Long-Term Deferred Tax Assets	531	549.09	197	171	155	110
Other Long-Term Assets	174	119.85	1	2	2	2
Total Assets	25,759	25,423	11,464	11,612	12,552	9,742
Accounts Payable	1,678	1,384	274	189	332	249
Accrued Expenses	352	235.56	163	141	226	164
Short-Term Debt	150	150	-	-	-	-
Current Portion of Long-Term Debt	1,352	1,357	596	607	559	427
Current Portion of Leases	9	9.44	4	4	4	-
Current Income Taxes Payable	261	646.36	188	51	881	498
Current Unearned Revenue	-	-	1	-	-	-
Other Current Liabilities	1,191	841.2	122	173	502	114
Total Current Liabilities	4,993	4,623	1,348	1,165	2,504	1,452
Long-Term Debt	11,835	12,001	2,863	2,889	2,664	1,923
Long-Term Leases	12	14.63	13	17	22	2
Pension & Post-Retirement Benefits	4	-	70	59	48	25
Other Long-Term Liabilities	613	633.59	7	9	15	13
Total Liabilities	17,457	17,272	4,301	4,139	5,253	3,415
Common Stock	1,241	1,241	1,241	1,241	1,241	1,241
Additional Paid-In Capital	1,964	1,964	1,963	1,956	1,950	1,938
Retained Earnings	5,512	5,395	4,481	4,816	4,665	3,309
Treasury Stock	-512	-512.05	-523	-540	-558	-161
Comprehensive Income & Other	97	63.26	1	-	1	-
Shareholders' Equity	8,302	8,152	7,163	7,473	7,299	6,327
Total Liabilities & Equity	25,759	25,423	11,464	11,612	12,552	9,742
Total Debt	13,358	13,531	3,476	3,517	3,249	2,352
Net Cash (Debt)	-9,180	-9,278	-448	-21	-238	153
Net Cash Growth	-	-	-	-	-	-14.04%
Net Cash Per Share	-725.04	-732.92	-35.42	-1.66	-18.68	11.95
Filing Date Shares Outstanding	12.66	12.66	12.65	12.64	12.63	12.8
Total Common Shares Outstanding	12.66	12.66	12.65	12.64	12.63	12.8
Working Capital	5,759	5,854	4,224	4,283	4,087	3,361
Book Value Per Share	655.65	643.76	566.07	591.19	578.05	494.19
Tangible Book Value	3,642	3,413	7,147	7,447	7,261	6,276
Tangible Book Value Per Share	287.63	269.51	564.81	589.14	575.04	490.21
Land	-	2,504	-	-	-	-
Buildings	-	4,508	-	-	-	-
Machinery	-	16,834	-	-	-	-
Construction In Progress	-	392.94	-	-	-	-
Order Backlog	-	-	1,688	1,101	2,616	1,804

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