Meiwa Industry 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	Dec '25 Dec 31, 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	3,242	3,369	4,259	3,175	3,658	3,094
Short-Term Investments	200	200	200	200	200	200
Cash & Short-Term Investments	3,442	3,569	4,459	3,375	3,858	3,294
Cash Growth	8.07%	-19.96%	32.12%	-12.52%	17.12%	-7.68%
Receivables	5,913	6,688	5,902	5,607	5,526	4,767
Inventory	3,650	3,865	3,694	3,697	3,158	2,146
Other Current Assets	280	282	268	314	232	323
Total Current Assets	13,285	14,404	14,323	12,993	12,774	10,530
Property, Plant & Equipment	8,050	8,063	7,854	8,126	7,921	8,687
Long-Term Investments	1,302	1,171	1,294	1,366	1,332	1,791
Other Intangible Assets	484	526	531	414	403	365
Long-Term Deferred Tax Assets	785	811	762	600	613	617
Other Long-Term Assets	1	-	1	2	1	1
Total Assets	23,907	24,975	24,765	23,501	23,044	21,991
Accounts Payable	3,545	3,675	4,269	4,437	4,104	4,051
Accrued Expenses	93	170	124	30	124	139
Short-Term Debt	4,487	4,772	4,501	3,267	2,289	2,227
Current Portion of Long-Term Debt	463	418	813	440	1,484	515
Current Portion of Leases	99	166	155	169	173	97
Current Income Taxes Payable	25	119	193	13	61	9
Other Current Liabilities	699	795	754	630	683	536
Total Current Liabilities	9,411	10,115	10,809	8,986	8,918	7,574
Long-Term Debt	849	845	797	1,509	1,095	2,059
Long-Term Leases	212	194	329	245	341	169
Pension & Post-Retirement Benefits	1,485	1,537	1,569	1,646	1,794	1,795
Other Long-Term Liabilities	242	282	246	51	121	195
Total Liabilities	12,199	12,973	13,750	12,437	12,269	11,792
Common Stock	2,167	2,167	2,167	2,167	2,167	2,167
Additional Paid-In Capital	2,377	2,377	2,377	2,377	2,377	2,377
Retained Earnings	4,800	4,847	4,569	5,050	5,298	5,236
Treasury Stock	-4	-4	-4	-3	-3	-3
Comprehensive Income & Other	2,368	2,615	1,906	1,473	936	422
Shareholders' Equity	11,708	12,002	11,015	11,064	10,775	10,199
Total Liabilities & Equity	23,907	24,975	24,765	23,501	23,044	21,991
Total Debt	6,110	6,395	6,595	5,630	5,382	5,067
Net Cash (Debt)	-2,668	-2,826	-2,136	-2,255	-1,524	-1,773
Net Cash Per Share	-762.51	-807.64	-610.40	-644.36	-435.46	-506.55
Filing Date Shares Outstanding	3.5	3.5	3.5	3.5	3.5	3.5
Total Common Shares Outstanding	3.5	3.5	3.5	3.5	3.5	3.5
Working Capital	3,874	4,289	3,514	4,007	3,856	2,956
Book Value Per Share	3346.22	3430.09	3147.86	3161.61	3078.86	2914.12
Tangible Book Value	11,224	11,476	10,484	10,650	10,372	9,834
Tangible Book Value Per Share	3207.89	3279.76	2996.11	3043.31	2963.71	2809.83
Order Backlog	-	1,643	1,569	1,410	1,480	1,493

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