BALMUDA Balance Sheet

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	385	673	1,345	1,167	1,246	1,000
Cash & Short-Term Investments	385	673	1,345	1,167	1,246	1,000
Cash Growth	-72.62%	-49.96%	15.25%	-6.34%	24.60%	-77.54%
Receivables	897	1,781	2,367	2,423	2,660	5,321
Inventory	1,318	1,092	1,465	2,941	4,029	2,761
Other Current Assets	511	426	355	362	378	342
Total Current Assets	3,111	3,972	5,532	6,893	8,313	9,424
Property, Plant & Equipment	494	511	464	632	761	743
Long-Term Investments	47	59	35	43	91	106
Other Intangible Assets	108	116	147	203	490	405
Long-Term Deferred Tax Assets	-	-	3	30	251	203
Other Long-Term Assets	2	1	1	2	1	-
Total Assets	3,762	4,659	6,182	7,803	9,907	10,881
Accounts Payable	492	395	717	1,123	1,121	1,763
Accrued Expenses	12	56	50	61	89	91
Short-Term Debt	100	500	100	600	800	800
Current Portion of Long-Term Debt	99	125	303	514	330	475
Current Income Taxes Payable	233	299	3	458	-	238
Other Current Liabilities	179	329	634	453	970	1,073
Total Current Liabilities	1,115	1,704	1,807	3,209	3,310	4,440
Long-Term Debt	119	144	25	328	284	148
Other Long-Term Liabilities	2	1	1	1	1	2
Total Liabilities	1,236	1,849	1,833	3,538	3,595	4,590
Common Stock	37	37	90	1,423	1,414	1,407
Additional Paid-In Capital	2,867	2,867	2,759	1,420	1,411	1,404
Retained Earnings	-404	-120	1,476	1,409	3,480	3,477
Comprehensive Income & Other	26	26	24	13	7	3
Shareholders' Equity	2,526	2,810	4,349	4,265	6,312	6,291
Total Liabilities & Equity	3,762	4,659	6,182	7,803	9,907	10,881
Total Debt	318	769	428	1,442	1,414	1,423
Net Cash (Debt)	67	-96	917	-275	-168	-423
Net Cash Per Share	7.87	-11.29	108.14	-32.61	-19.81	-49.95
Filing Date Shares Outstanding	8.52	8.52	8.46	8.46	8.43	8.38
Total Common Shares Outstanding	8.52	8.52	8.46	8.44	8.38	8.33
Working Capital	1,996	2,268	3,725	3,684	5,003	4,984
Book Value Per Share	296.50	329.79	513.88	505.29	753.08	755.50
Tangible Book Value	2,418	2,694	4,202	4,062	5,822	5,886
Tangible Book Value Per Share	283.82	316.17	496.51	481.24	694.62	706.86