HORIBA 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	150,862	162,339	144,272	132,775	139,855	135,023
Short-Term Investments	2,061	2,228	2,062	2,000	1,499	2,012
Cash & Short-Term Investments	152,923	164,567	146,334	134,775	141,354	137,035
Cash Growth	1.84%	12.46%	8.58%	-4.65%	3.15%	17.63%
Receivables	77,939	80,612	79,774	70,224	68,498	58,645
Inventory	96,245	94,742	97,677	99,473	75,271	53,113
Other Current Assets	12,736	12,308	13,016	14,105	11,424	9,251
Total Current Assets	339,843	352,229	336,801	318,577	296,547	258,044
Property, Plant & Equipment	137,008	132,147	112,972	100,801	95,702	88,302
Long-Term Investments	22,602	21,482	19,258	18,442	14,183	15,812
Goodwill	1,870	1,984	1,061	1,343	610	966
Other Intangible Assets	4,543	4,461	4,422	3,622	2,983	3,457
Long-Term Deferred Tax Assets	6,123	5,975	7,100	6,244	6,715	5,002
Other Long-Term Assets	2	1	2	1	2	2
Total Assets	511,991	518,279	481,616	449,030	416,742	371,585
Accounts Payable	21,473	19,595	20,321	30,518	36,945	29,546
Accrued Expenses	4,744	3,438	2,747	2,312	2,003	1,137
Short-Term Debt	8,980	12,189	9,013	5,695	12,351	25,107
Current Portion of Long-Term Debt	15,000	15,000	-	-	-	-
Current Income Taxes Payable	27,743	31,309	31,342	27,967	28,576	24,039
Other Current Liabilities	37,563	36,447	36,860	34,559	32,354	22,310
Total Current Liabilities	115,503	117,978	100,283	101,051	112,229	102,139
Long-Term Debt	38,989	39,294	55,391	54,699	54,854	55,077
Pension & Post-Retirement Benefits	2,514	2,366	2,074	1,873	1,547	2,107
Long-Term Deferred Tax Liabilities	1,049	866	739	645	1,270	1,731
Other Long-Term Liabilities	9,267	9,136	8,426	7,032	5,994	6,040
Total Liabilities	167,322	169,640	166,913	165,300	175,894	167,094
Common Stock	12,011	12,011	12,011	12,011	12,011	12,011
Additional Paid-In Capital	18,624	18,624	18,624	18,766	18,684	18,624
Retained Earnings	260,587	267,469	241,826	223,320	194,000	166,892
Treasury Stock	-2,403	-2,402	-2,841	-1,037	-1,193	-1,323
Comprehensive Income & Other	55,810	52,900	45,069	30,653	17,331	8,275
Total Common Equity	344,629	348,602	314,689	283,713	240,833	204,479
Minority Interest	40	37	14	17	15	12
Shareholders' Equity	344,669	348,639	314,703	283,730	240,848	204,491
Total Liabilities & Equity	511,991	518,279	481,616	449,030	416,742	371,585
Total Debt	62,969	66,483	64,404	60,394	67,205	80,184
Net Cash (Debt)	89,954	98,084	81,930	74,381	74,149	56,851
Net Cash Growth	5.02%	19.72%	10.15%	0.31%	30.43%	44.16%
Net Cash Per Share	2132.11	2325.20	1939.91	1751.17	1747.27	1340.38
Filing Date Shares Outstanding	42	42	41.95	42.2	42.23	42.2
Total Common Shares Outstanding	42	42	41.95	42.27	42.23	42.2
Working Capital	224,340	234,251	236,518	217,526	184,318	155,905
Book Value Per Share	8206.25	8300.85	7501.08	6711.97	5702.86	4845.79
Tangible Book Value	338,216	342,157	309,206	278,748	237,240	200,056
Tangible Book Value Per Share	8053.55	8147.38	7370.38	6594.51	5617.78	4740.97
Order Backlog	-	153,401	167,984	167,466	177,719	122,323

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