Nireco 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	4,711	4,815	4,354	4,381	4,834	4,679
Short-Term Investments	-	-	30	24	-	-
Cash & Short-Term Investments	4,711	4,815	4,384	4,405	4,834	4,679
Cash Growth	7.38%	9.83%	-0.48%	-8.88%	3.31%	12.61%
Receivables	3,845	3,597	3,202	3,412	3,068	3,568
Inventory	4,001	3,915	3,544	3,062	2,507	1,986
Other Current Assets	146	940	1,217	740	485	170
Total Current Assets	12,703	13,267	12,347	11,619	10,894	10,403
Property, Plant & Equipment	3,957	3,970	3,627	3,255	3,304	2,934
Long-Term Investments	2,055	1,868	2,337	1,804	1,603	1,676
Goodwill	14	23	42	61	80	-
Other Intangible Assets	63	77	134	180	178	207
Long-Term Deferred Tax Assets	129	125	58	45	40	38
Other Long-Term Assets	1	1	1	2	1	1
Total Assets	18,940	19,352	18,573	17,002	16,152	15,324
Accounts Payable	311	506	577	450	610	352
Accrued Expenses	573	615	577	544	416	408
Current Portion of Long-Term Debt	12	16	21	54	163	69
Current Portion of Leases	3	4	5	5	5	4
Current Income Taxes Payable	365	511	427	446	189	129
Other Current Liabilities	261	301	391	341	385	385
Total Current Liabilities	1,525	1,953	1,998	1,840	1,768	1,347
Long-Term Debt	9	116	133	166	220	164
Long-Term Leases	3	5	9	9	14	14
Pension & Post-Retirement Benefits	218	228	258	169	157	118
Long-Term Deferred Tax Liabilities	350	298	291	201	121	125
Other Long-Term Liabilities	81	80	60	13	24	31
Total Liabilities	2,186	2,680	2,749	2,398	2,304	1,799
Common Stock	3,094	3,094	3,084	3,072	3,072	3,072
Additional Paid-In Capital	4,161	4,144	4,134	4,120	4,120	4,120
Retained Earnings	8,497	8,521	7,446	6,795	6,656	6,455
Treasury Stock	-238	-236	-252	-270	-684	-684
Comprehensive Income & Other	1,223	1,129	1,397	873	675	552
Total Common Equity	16,737	16,652	15,809	14,590	13,839	13,515
Minority Interest	17	20	15	14	9	10
Shareholders' Equity	16,754	16,672	15,824	14,604	13,848	13,525
Total Liabilities & Equity	18,940	19,352	18,573	17,002	16,152	15,324
Total Debt	27	141	168	234	402	251
Net Cash (Debt)	4,684	4,674	4,216	4,171	4,432	4,428
Net Cash Growth	10.65%	10.86%	1.08%	-5.89%	0.09%	18.94%
Net Cash Per Share	623.48	622.70	563.26	559.42	596.02	597.33
Filing Date Shares Outstanding	7.42	7.41	7.38	7.33	7.33	7.33
Total Common Shares Outstanding	7.42	7.41	7.38	7.33	7.33	7.33
Working Capital	11,178	11,314	10,349	9,779	9,126	9,056
Book Value Per Share	2255.80	2246.48	2143.10	1990.56	1888.09	1843.85
Tangible Book Value	16,660	16,552	15,633	14,349	13,581	13,308
Tangible Book Value Per Share	2245.42	2232.99	2119.24	1957.68	1852.89	1815.61
Order Backlog	-	5,164	5,455	5,529	4,377	2,914

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