Mercuria Holdings Balance Sheet

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,928	3,365	3,003	3,013	4,674
Cash & Short-Term Investments	1,928	3,365	3,003	3,013	4,674
Cash Growth	-36.05%	12.05%	-0.33%	-35.54%	-
Accounts Receivable	15,977	16,711	15,092	14,622	11,684
Receivables	16,532	16,711	15,092	15,142	11,684
Other Current Assets	333	174	656	688	442
Total Current Assets	18,793	20,250	18,751	18,843	16,800
Property, Plant & Equipment	83	136	189	192	85
Long-Term Investments	390	383	355	407	371
Other Intangible Assets	-	-	1	1	-
Long-Term Deferred Tax Assets	541	283	357	538	753
Other Long-Term Assets	1	1	2	2	1
Total Assets	19,808	21,053	19,655	19,983	18,010
Accounts Payable	1	1	1	-	-
Accrued Expenses	269	546	478	434	239
Short-Term Debt	805	-	-	100	-
Current Portion of Long-Term Debt	-	-	-	130	130
Current Income Taxes Payable	113	767	207	457	514
Current Unearned Revenue	323	4	-	-	-
Other Current Liabilities	63	92	68	59	53
Total Current Liabilities	1,574	1,410	754	1,180	936
Long-Term Debt	-	-	-	613	743
Pension & Post-Retirement Benefits	361	318	276	262	229
Long-Term Deferred Tax Liabilities	-	81	-	-	-
Other Long-Term Liabilities	362	349	385	387	281
Total Liabilities	2,297	2,158	1,415	2,442	2,189
Common Stock	4,073	4,073	4,066	4,063	4,057
Additional Paid-In Capital	4,422	4,422	4,519	4,516	4,510
Retained Earnings	9,078	9,474	9,384	8,863	7,718
Treasury Stock	-1,634	-1,634	-1,591	-1,065	-712
Comprehensive Income & Other	432	1,172	715	250	-465
Total Common Equity	16,371	17,507	17,093	16,627	15,108
Minority Interest	1,140	1,388	1,147	914	713
Shareholders' Equity	17,511	18,895	18,240	17,541	15,821
Total Liabilities & Equity	19,808	21,053	19,655	19,983	18,010
Total Debt	805	-	-	843	873
Net Cash (Debt)	1,123	3,365	3,003	2,170	3,801
Net Cash Growth	-62.75%	12.05%	38.39%	-42.91%	-
Net Cash Per Share	58.05	173.81	153.28	105.95	223.62
Filing Date Shares Outstanding	19.35	19.35	19.35	19.7	20.59
Total Common Shares Outstanding	19.35	19.35	19.35	20.05	20.59
Working Capital	17,219	18,840	17,997	17,663	15,864
Book Value Per Share	846.13	904.84	883.54	829.13	733.90
Tangible Book Value	16,371	17,507	17,092	16,626	15,108
Tangible Book Value Per Share	846.13	904.84	883.48	829.08	733.90

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