Nippon Ceramic 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	14,675	29,938	32,330	32,265	30,743	32,983
Short-Term Investments	11,310	-	-	-	-	-
Cash & Short-Term Investments	25,985	29,938	32,330	32,265	30,743	32,983
Cash Growth	-4.21%	-7.40%	0.20%	4.95%	-6.79%	0.34%
Receivables	6,614	7,884	7,660	7,058	7,376	5,657
Inventory	5,077	5,104	5,417	6,205	7,923	5,662
Other Current Assets	478	350	365	398	990	518
Total Current Assets	38,154	43,276	45,772	45,926	47,032	44,820
Property, Plant & Equipment	10,554	10,584	10,354	10,115	10,480	10,030
Long-Term Investments	2,432	2,166	1,861	1,500	1,220	1,029
Other Intangible Assets	293	297	325	347	205	405
Long-Term Deferred Tax Assets	31	34	32	31	65	78
Other Long-Term Assets	68	2	3	1	1	2
Total Assets	51,532	56,359	58,347	57,920	59,003	56,364
Accounts Payable	1,631	2,590	3,157	2,685	4,396	3,308
Accrued Expenses	107	62	51	41	61	56
Short-Term Debt	30	12	70	76	357	180
Current Income Taxes Payable	516	2,047	1,309	1,184	1,970	1,322
Other Current Liabilities	1,303	334	344	327	393	296
Total Current Liabilities	3,587	5,045	4,931	4,313	7,177	5,162
Pension & Post-Retirement Benefits	391	398	418	410	284	273
Long-Term Deferred Tax Liabilities	1,006	821	700	501	608	-
Other Long-Term Liabilities	59	59	52	65	66	61
Total Liabilities	5,043	6,323	6,101	5,289	8,135	5,496
Common Stock	10,994	10,994	10,994	10,994	10,994	10,994
Additional Paid-In Capital	13,319	13,319	13,319	13,319	13,319	13,319
Retained Earnings	34,598	36,769	32,526	30,723	29,980	27,468
Treasury Stock	-17,388	-15,613	-12,997	-9,044	-9,014	-5,385
Comprehensive Income & Other	2,465	2,124	6,050	4,465	3,494	2,440
Total Common Equity	43,988	47,593	49,892	50,457	48,773	48,836
Minority Interest	2,501	2,443	2,354	2,174	2,095	2,032
Shareholders' Equity	46,489	50,036	52,246	52,631	50,868	50,868
Total Liabilities & Equity	51,532	56,359	58,347	57,920	59,003	56,364
Total Debt	30	12	70	76	357	180
Net Cash (Debt)	25,955	29,926	32,260	32,189	30,386	32,803
Net Cash Growth	-4.02%	-7.23%	0.22%	5.93%	-7.37%	1.06%
Net Cash Per Share	1215.39	1386.88	1405.17	1364.40	1246.30	1288.46
Filing Date Shares Outstanding	20.7	20.99	22.06	23.59	23.59	24.94
Total Common Shares Outstanding	20.7	21.19	22.06	23.59	23.6	25.07
Working Capital	34,567	38,231	40,841	41,613	39,855	39,658
Book Value Per Share	2124.55	2245.70	2261.94	2138.75	2066.25	1947.81
Tangible Book Value	43,695	47,296	49,567	50,110	48,568	48,431
Tangible Book Value Per Share	2110.39	2231.68	2247.21	2124.04	2057.56	1931.65
Order Backlog	-	7,416	4,563	5,497	6,716	6,510