INCLUSIVE Holdings Inc. (TYO:7078)

INCLUSIVE Holdings 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	1,759	2,152	2,214	1,784	1,248	1,652
Cash & Short-Term Investments	1,759	2,152	2,214	1,784	1,248	1,652
Cash Growth	-20.41%	-2.80%	24.10%	42.95%	-24.45%	39.29%
Receivables	530	402	471	589	450	223
Inventory	85	82	87	114	-	-
Other Current Assets	85	111	75	139	103	91
Total Current Assets	2,459	2,747	2,847	2,626	1,801	1,966
Property, Plant & Equipment	485	478	707	735	65	52
Long-Term Investments	129	310	379	323	343	72
Goodwill	7	17	631	828	798	184
Other Intangible Assets	184	205	670	932	26	-
Long-Term Deferred Tax Assets	5	4	69	67	89	68
Long-Term Deferred Charges	-	-	-	-	-	1
Other Long-Term Assets	2	2	1	2	3	2
Total Assets	3,271	3,763	5,304	5,513	3,125	2,345
Accounts Payable	232	292	232	350	251	51
Accrued Expenses	5	5	4	5	-	-
Short-Term Debt	180	183	150	165	150	150
Current Portion of Long-Term Debt	61	72	95	166	185	161
Current Income Taxes Payable	17	11	79	68	17	4
Other Current Liabilities	367	350	382	470	267	139
Total Current Liabilities	862	913	942	1,224	870	505
Long-Term Debt	405	434	535	667	296	326
Pension & Post-Retirement Benefits	10	10	10	10	-	-
Long-Term Deferred Tax Liabilities	162	172	327	420	-	-
Other Long-Term Liabilities	105	106	85	121	39	15
Total Liabilities	1,544	1,635	1,899	2,442	1,205	846
Common Stock	14	14	1,350	1,341	622	377
Additional Paid-In Capital	1,530	2,859	1,500	1,491	772	527
Retained Earnings	-79	-1,157	-77	-394	477	593
Comprehensive Income & Other	74	60	51	22	11	2
Total Common Equity	1,539	1,776	2,824	2,460	1,882	1,499
Minority Interest	188	352	581	611	38	-
Shareholders' Equity	1,727	2,128	3,405	3,071	1,920	1,499
Total Liabilities & Equity	3,271	3,763	5,304	5,513	3,125	2,345
Total Debt	646	689	780	998	631	637
Net Cash (Debt)	1,113	1,463	1,434	786	617	1,015
Net Cash Growth	-26.15%	2.02%	82.44%	27.39%	-39.21%	-10.73%
Net Cash Per Share	110.74	145.77	141.47	80.47	78.35	136.48
Filing Date Shares Outstanding	10.05	10.05	10.01	9.99	9.64	7.81
Total Common Shares Outstanding	10.05	10.05	10.01	9.96	8.21	7.81
Working Capital	1,597	1,834	1,905	1,402	931	1,461
Book Value Per Share	153.09	176.69	282.16	246.90	229.28	192.02
Tangible Book Value	1,348	1,554	1,523	700	1,058	1,315
Tangible Book Value Per Share	134.09	154.61	152.17	70.26	128.89	168.45

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