INCLUSIVE Holdings Balance Sheet

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	1,862	2,152	2,214	1,784	1,248
Cash & Short-Term Investments	1,862	2,152	2,214	1,784	1,248
Cash Growth	-13.48%	-2.80%	24.10%	42.95%	-24.45%
Receivables	450	402	471	589	450
Inventory	90	82	87	114	-
Other Current Assets	96	111	75	139	103
Total Current Assets	2,498	2,747	2,847	2,626	1,801
Property, Plant & Equipment	503	478	707	735	65
Long-Term Investments	142	310	379	323	343
Goodwill	-	17	631	828	798
Other Intangible Assets	164	205	670	932	26
Long-Term Deferred Tax Assets	64	4	69	67	89
Other Long-Term Assets	2	2	1	2	3
Total Assets	3,373	3,763	5,304	5,513	3,125
Accounts Payable	145	292	232	350	251
Accrued Expenses	5	5	4	5	-
Short-Term Debt	180	183	150	165	150
Current Portion of Long-Term Debt	58	72	95	166	185
Current Income Taxes Payable	75	11	79	68	17
Other Current Liabilities	419	350	382	470	267
Total Current Liabilities	882	913	942	1,224	870
Long-Term Debt	379	434	535	667	296
Pension & Post-Retirement Benefits	7	10	10	10	-
Long-Term Deferred Tax Liabilities	155	172	327	420	-
Other Long-Term Liabilities	114	106	85	121	39
Total Liabilities	1,537	1,635	1,899	2,442	1,205
Common Stock	14	14	1,350	1,341	622
Additional Paid-In Capital	1,526	2,859	1,500	1,491	772
Retained Earnings	-11	-1,157	-77	-394	477
Comprehensive Income & Other	88	60	51	22	11
Total Common Equity	1,617	1,776	2,824	2,460	1,882
Minority Interest	219	352	581	611	38
Shareholders' Equity	1,836	2,128	3,405	3,071	1,920
Total Liabilities & Equity	3,373	3,763	5,304	5,513	3,125
Total Debt	617	689	780	998	631
Net Cash (Debt)	1,245	1,463	1,434	786	617
Net Cash Growth	-14.90%	2.02%	82.44%	27.39%	-39.21%
Net Cash Per Share	123.85	145.77	141.47	80.47	78.35
Filing Date Shares Outstanding	10.05	10.05	10.01	9.99	9.64
Total Common Shares Outstanding	10.05	10.05	10.01	9.96	8.21
Working Capital	1,616	1,834	1,905	1,402	931
Book Value Per Share	160.85	176.69	282.16	246.90	229.28
Tangible Book Value	1,453	1,554	1,523	700	1,058
Tangible Book Value Per Share	144.54	154.61	152.17	70.26	128.89