Max Co., Ltd. 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	31,955	40,175	31,624	27,615	23,302	21,421
Short-Term Investments	8,052	3,487	6,595	6,203	4,810	3,908
Cash & Short-Term Investments	40,007	43,662	38,219	33,818	28,112	25,329
Cash Growth	-7.44%	14.24%	13.01%	20.30%	10.99%	2.74%
Receivables	13,687	15,552	15,766	14,716	13,779	12,627
Inventory	14,726	13,354	13,947	13,865	11,184	8,504
Other Current Assets	4,387	1,678	1,460	1,289	1,855	786
Total Current Assets	72,807	74,246	69,392	63,688	54,930	47,246
Property, Plant & Equipment	27,453	26,632	26,357	26,017	24,963	22,727
Long-Term Investments	25,067	21,232	22,583	21,786	24,634	28,495
Other Intangible Assets	678	566	514	454	440	332
Long-Term Deferred Tax Assets	-	1,790	2,772	4,721	3,974	3,607
Other Long-Term Assets	2,003	-	1	1	1	2
Total Assets	128,008	124,611	121,717	116,742	109,043	102,538
Accounts Payable	4,297	3,726	3,671	4,204	4,223	3,561
Accrued Expenses	1,877	2,985	2,958	2,702	1,883	1,892
Short-Term Debt	750	750	1,050	1,850	2,000	1,850
Current Portion of Leases	-	263	243	247	195	222
Current Income Taxes Payable	1,453	4,472	4,088	4,520	3,817	2,865
Other Current Liabilities	7,073	2,426	2,287	2,137	1,933	1,410
Total Current Liabilities	15,450	14,622	14,297	15,660	14,051	11,800
Long-Term Debt	125	125	125	125	-	150
Long-Term Leases	-	380	348	426	438	379
Pension & Post-Retirement Benefits	1,488	2,321	6,135	10,669	10,618	10,789
Long-Term Deferred Tax Liabilities	-	500	484	480	489	515
Other Long-Term Liabilities	1,482	630	482	478	313	209
Total Liabilities	18,545	18,578	21,871	27,838	25,909	23,842
Common Stock	12,367	12,367	12,367	12,367	12,367	12,367
Additional Paid-In Capital	10,524	10,517	10,535	10,517	10,517	10,517
Retained Earnings	79,872	74,210	70,267	63,521	58,929	55,872
Treasury Stock	-7,872	-2,322	-2,670	-414	-413	-373
Comprehensive Income & Other	14,425	11,134	9,231	2,803	1,634	216
Total Common Equity	109,316	105,906	99,730	88,794	83,034	78,599
Minority Interest	147	127	116	110	100	97
Shareholders' Equity	109,463	106,033	99,846	88,904	83,134	78,696
Total Liabilities & Equity	128,008	124,611	121,717	116,742	109,043	102,538
Total Debt	875	1,518	1,766	2,648	2,633	2,601
Net Cash (Debt)	39,132	42,144	36,453	31,170	25,479	22,728
Net Cash Growth	-7.37%	15.61%	16.95%	22.34%	12.10%	2.90%
Net Cash Per Share	857.02	907.80	777.45	658.95	537.12	466.63
Filing Date Shares Outstanding	44.95	45.94	46.52	47.3	47.3	47.7
Total Common Shares Outstanding	44.95	45.96	46.52	47.3	47.3	47.7
Working Capital	57,357	59,624	55,095	48,028	40,879	35,446
Book Value Per Share	2431.71	2304.17	2143.93	1877.17	1755.38	1647.68
Tangible Book Value	108,638	105,340	99,216	88,340	82,594	78,267
Tangible Book Value Per Share	2416.63	2291.85	2132.88	1867.57	1746.08	1640.72

Source: S&P Global Market Intelligence. Standard template. Financial Sources.