Smile 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	Sep '25 Sep 30, 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	1,776	4,671	3,592	2,770	3,153	2,139
Cash & Short-Term Investments	1,776	4,671	3,592	2,770	3,153	2,139
Cash Growth	-30.73%	30.04%	29.68%	-12.15%	47.41%	40.17%
Accounts Receivable	42	29	29	35	15	28
Other Receivables	1,085	1,505	1,263	1,007	975	1,074
Receivables	1,127	1,534	1,292	1,042	990	1,102
Prepaid Expenses	526	512	438	431	373	419
Other Current Assets	51	24	46	34	33	19
Total Current Assets	3,480	6,741	5,368	4,277	4,549	3,679
Property, Plant & Equipment	7,158	7,353	7,566	8,230	8,753	9,000
Long-Term Investments	1,102	1,112	1,195	1,318	1,350	1,258
Other Intangible Assets	12	10	3	4	4	3
Long-Term Deferred Tax Assets	5	4	29	14	3	2
Other Long-Term Assets	2	2	2	2	1	2
Total Assets	11,759	15,222	14,163	13,845	14,660	13,944
Accounts Payable	1	1	1	-	1	-
Accrued Expenses	604	1,057	614	481	431	413
Short-Term Debt	542	2,600	2,055	1,380	1,860	3,442
Current Portion of Long-Term Debt	479	501	436	723	816	616
Current Income Taxes Payable	365	947	591	559	423	381
Other Current Liabilities	174	165	284	177	134	147
Total Current Liabilities	2,165	5,271	3,981	3,320	3,665	4,999
Long-Term Debt	1,267	1,487	1,521	1,819	2,437	1,324
Pension & Post-Retirement Benefits	95	88	149	103	57	43
Long-Term Deferred Tax Liabilities	1,561	1,511	1,875	2,057	2,130	1,892
Other Long-Term Liabilities	367	369	316	350	362	397
Total Liabilities	5,455	8,726	7,842	7,649	8,651	8,655
Common Stock	606	606	602	600	599	575
Additional Paid-In Capital	506	506	502	500	499	475
Retained Earnings	5,289	5,384	5,233	5,100	4,912	4,238
Comprehensive Income & Other	1	-	-16	-4	-1	1
Shareholders' Equity	6,304	6,496	6,321	6,196	6,009	5,289
Total Liabilities & Equity	11,759	15,222	14,163	13,845	14,660	13,944
Total Debt	2,288	4,588	4,012	3,922	5,113	5,382
Net Cash (Debt)	-512	83	-420	-1,152	-1,960	-3,243
Net Cash Per Share	-158.33	25.68	-128.98	-353.64	-606.54	-998.76
Filing Date Shares Outstanding	3.21	3.26	3.25	3.24	3.24	3.17
Total Common Shares Outstanding	3.21	3.26	3.25	3.24	3.24	3.17
Working Capital	1,315	1,470	1,387	957	884	-1,320
Book Value Per Share	1966.16	1994.29	1945.85	1910.61	1855.12	1667.40
Tangible Book Value	6,292	6,486	6,318	6,192	6,005	5,286
Tangible Book Value Per Share	1962.42	1991.22	1944.93	1909.37	1853.88	1666.46

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