Serendip 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	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	14,059	6,502	3,953	3,012	3,582	3,054
Cash & Short-Term Investments	14,239	6,502	3,953	3,012	3,582	3,054
Cash Growth	46.99%	64.48%	31.24%	-15.91%	17.29%	13.57%
Accounts Receivable	10,658	5,248	3,195	3,374	2,398	2,203
Other Receivables	575.55	559	412	468	379	22
Receivables	11,234	5,807	3,607	3,842	2,777	2,225
Inventory	4,774	3,001	778	780	469	646
Other Current Assets	1,137	883	860	107	153	158
Total Current Assets	31,383	16,193	9,198	7,741	6,981	6,083
Property, Plant & Equipment	22,525	11,269	5,966	5,977	5,852	6,261
Long-Term Investments	3,100	3,572	3,855	2,132	2,585	2,147
Goodwill	922.3	1,018	1,024	65	58	72
Other Intangible Assets	99.56	74	102	119	110	117
Long-Term Deferred Tax Assets	139.03	112	123	133	96	117
Other Long-Term Assets	1,425	3	-	1	2	1
Total Assets	59,594	32,241	20,268	16,168	15,684	14,798
Accounts Payable	11,598	4,439	3,286	2,593	2,183	2,068
Accrued Expenses	1,298	941	660	537	321	368
Short-Term Debt	5,460	3,068	1,469	772	1,143	1,658
Current Portion of Long-Term Debt	3,857	1,196	741	799	577	568
Current Portion of Leases	-	-	42	47	49	53
Current Income Taxes Payable	638.78	2,782	1,094	916	358	698
Other Current Liabilities	4,026	673	298	142	115	428
Total Current Liabilities	26,878	13,099	7,590	5,806	4,746	5,841
Long-Term Debt	14,104	9,312	4,818	4,639	5,153	4,813
Long-Term Leases	-	-	100	113	150	192
Pension & Post-Retirement Benefits	719.88	317	274	267	232	197
Long-Term Deferred Tax Liabilities	1,270	1,028	1,154	703	816	715
Other Long-Term Liabilities	864.59	355	184	162	20	23
Total Liabilities	43,837	24,111	14,120	11,690	11,117	11,781
Common Stock	3,384	1,142	1,132	1,114	1,114	593
Additional Paid-In Capital	-	2,024	2,019	2,000	1,999	1,479
Retained Earnings	7,637	3,799	1,700	1,181	869	640
Treasury Stock	-77.48	-104	-104	-104	-13	-13
Comprehensive Income & Other	1,623	1,148	1,401	287	504	224
Total Common Equity	12,566	8,009	6,148	4,478	4,473	2,923
Minority Interest	3,191	121	-	-	94	94
Shareholders' Equity	15,757	8,130	6,148	4,478	4,567	3,017
Total Liabilities & Equity	59,594	32,241	20,268	16,168	15,684	14,798
Total Debt	23,421	13,576	7,170	6,370	7,072	7,284
Net Cash (Debt)	-9,182	-7,074	-3,217	-3,358	-3,490	-4,230
Net Cash Per Share	-499.92	-391.61	-178.71	-185.79	-206.61	-337.57
Filing Date Shares Outstanding	18.37	18.06	18.03	17.29	17.7	13.08
Total Common Shares Outstanding	18.37	18.07	18.04	17.29	17.76	13.08
Working Capital	4,505	3,094	1,608	1,935	2,235	242
Book Value Per Share	684.13	443.33	340.84	259.02	251.82	223.48
Tangible Book Value	11,544	6,917	5,022	4,294	4,305	2,734
Tangible Book Value Per Share	628.50	382.88	278.42	248.38	242.36	209.03
Order Backlog	-	596.05	368.4	735.44	584.56	-

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