Kikusui Holdings 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	4,867	4,716	3,193	2,655	2,995	3,164
Short-Term Investments	49	-	-	-	-	-
Cash & Short-Term Investments	4,916	4,716	3,193	2,655	2,995	3,164
Cash Growth	13.72%	47.70%	20.26%	-11.35%	-5.34%	24.86%
Accounts Receivable	2,896	3,136	3,189	2,375	2,270	2,036
Other Receivables	34	38	84	603	28	-
Receivables	2,930	3,174	3,273	2,978	2,298	2,036
Inventory	3,597	3,571	3,309	3,756	2,796	1,740
Other Current Assets	160	128	147	94	97	79
Total Current Assets	11,603	11,589	9,922	9,483	8,186	7,019
Property, Plant & Equipment	2,310	2,316	2,339	2,312	2,365	2,460
Long-Term Investments	3,950	3,160	3,544	3,228	2,793	2,381
Other Intangible Assets	256	55	66	79	99	118
Long-Term Deferred Tax Assets	-	329	236	381	7	6
Other Long-Term Assets	2	1	1	1	1	3
Total Assets	18,121	17,450	16,108	15,484	13,451	11,987
Accounts Payable	758	950	583	1,034	909	549
Accrued Expenses	275	501	438	344	307	205
Current Portion of Leases	-	4	3	4	2	4
Current Income Taxes Payable	346	878	646	691	577	557
Other Current Liabilities	613	198	195	422	165	124
Total Current Liabilities	1,992	2,531	1,865	2,495	1,960	1,439
Long-Term Leases	-	10	6	10	3	6
Pension & Post-Retirement Benefits	13	12	30	108	137	158
Long-Term Deferred Tax Liabilities	-	478	571	452	89	52
Other Long-Term Liabilities	966	358	351	348	345	344
Total Liabilities	2,971	3,389	2,823	3,413	2,534	1,999
Common Stock	2,201	2,201	2,201	2,201	2,201	2,201
Additional Paid-In Capital	2,242	2,831	2,815	2,795	2,781	2,768
Retained Earnings	9,330	8,604	7,554	6,571	5,749	5,209
Treasury Stock	-260	-877	-887	-760	-774	-789
Comprehensive Income & Other	1,637	1,302	1,602	1,264	960	599
Total Common Equity	15,150	14,061	13,285	12,071	10,917	9,988
Shareholders' Equity	15,150	14,061	13,285	12,071	10,917	9,988
Total Liabilities & Equity	18,121	17,450	16,108	15,484	13,451	11,987
Total Debt	-	14	9	14	5	10
Net Cash (Debt)	4,916	4,702	3,184	2,641	2,990	3,154
Net Cash Growth	13.72%	47.68%	20.56%	-11.67%	-5.20%	24.86%
Net Cash Per Share	591.06	566.25	380.45	316.12	358.95	380.05
Filing Date Shares Outstanding	8.33	8.31	8.29	8.37	8.34	8.31
Total Common Shares Outstanding	8.33	8.31	8.29	8.37	8.34	8.31
Working Capital	9,611	9,058	8,057	6,988	6,226	5,580
Book Value Per Share	1819.51	1692.20	1602.32	1442.60	1309.16	1202.00
Tangible Book Value	14,894	14,006	13,219	11,992	10,818	9,870
Tangible Book Value Per Share	1788.77	1685.59	1594.36	1433.16	1297.29	1187.80

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