Ushio Inc. (TYO:6925)

Ushio Balance Sheet

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	67,025	61,348	65,651	64,219	81,619	70,418
Short-Term Investments	4,499	2,200	4,120	2,591	12,005	6,167
Cash & Short-Term Investments	71,524	63,548	69,771	66,810	93,624	76,585
Cash Growth	19.23%	-8.92%	4.43%	-28.64%	22.25%	18.00%
Receivables	33,130	38,908	38,070	36,466	32,606	31,308
Inventory	76,157	76,356	92,050	83,454	65,342	57,879
Other Current Assets	7,527	7,748	11,610	11,789	10,136	10,587
Total Current Assets	188,338	186,560	211,501	198,519	201,708	176,359
Property, Plant & Equipment	50,284	49,916	45,854	50,480	46,163	44,822
Long-Term Investments	39,933	52,457	67,354	67,235	59,146	56,364
Goodwill	580	635	780	252	235	335
Other Intangible Assets	4,171	4,470	7,816	2,782	2,755	3,075
Long-Term Deferred Tax Assets	3,188	3,251	4,211	4,333	4,135	1,994
Other Long-Term Assets	15,034	2	2	1	6,939	6,809
Total Assets	301,535	297,304	337,546	323,622	321,096	290,275
Accounts Payable	15,857	15,268	21,648	26,205	21,164	16,356
Accrued Expenses	2,526	2,650	2,693	2,530	2,699	2,021
Short-Term Debt	1,748	1,617	2,455	3,921	2,185	6,058
Current Portion of Long-Term Debt	26,410	1,410	-	-	16,402	3,520
Current Portion of Leases	948	961	940	796	-	-
Current Income Taxes Payable	2,263	4,019	4,362	3,210	3,828	1,056
Current Unearned Revenue	12,480	-	-	-	14,388	-
Other Current Liabilities	12,725	25,471	27,154	25,748	11,727	18,996
Total Current Liabilities	74,957	51,396	59,252	62,410	72,393	48,007
Long-Term Debt	26,500	35,000	26,410	1,410	-	15,056
Long-Term Leases	1,970	2,410	3,046	2,189	-	-
Pension & Post-Retirement Benefits	3,348	3,609	3,813	4,076	4,324	4,384
Long-Term Deferred Tax Liabilities	4,966	3,205	6,706	7,997	7,823	7,005
Other Long-Term Liabilities	1,125	1,175	1,345	1,436	1,357	4,644
Total Liabilities	112,866	96,795	100,572	79,518	85,897	79,096
Common Stock	19,556	19,556	19,556	19,556	19,556	19,556
Additional Paid-In Capital	27,767	27,767	27,767	27,767	27,727	27,727
Retained Earnings	105,790	111,776	140,163	164,332	161,877	152,448
Treasury Stock	-17,723	-7,672	-9,155	-8,733	-9,032	-9,055
Comprehensive Income & Other	53,268	49,072	58,632	41,170	34,987	20,426
Total Common Equity	188,658	200,499	236,963	244,092	235,115	211,102
Minority Interest	11	10	11	12	84	77
Shareholders' Equity	188,669	200,509	236,974	244,104	235,199	211,179
Total Liabilities & Equity	301,535	297,304	337,546	323,622	321,096	290,275
Total Debt	57,576	41,398	32,851	8,316	18,587	24,634
Net Cash (Debt)	13,948	22,150	36,920	58,494	75,037	51,951
Net Cash Growth	-20.42%	-40.01%	-36.88%	-22.05%	44.44%	21.82%
Net Cash Per Share	167.24	228.99	332.81	493.98	622.27	430.95
Filing Date Shares Outstanding	83.4	88.05	102.43	117.68	120.59	120.57
Total Common Shares Outstanding	83.4	88.59	102.43	117.68	120.59	120.57
Working Capital	113,381	135,164	152,249	136,109	129,315	128,352
Book Value Per Share	2261.99	2263.22	2313.47	2074.27	1949.70	1750.82
Tangible Book Value	183,907	195,394	228,367	241,058	232,125	207,692
Tangible Book Value Per Share	2205.02	2205.60	2229.55	2048.48	1924.91	1722.54
Land	8,906	-	-	-	8,630	8,650
Buildings	53,995	-	-	-	47,161	44,919
Machinery	31,683	-	-	-	27,875	26,314
Construction In Progress	1,669	-	-	-	2,708	2,268

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