Hatsuho Shouji Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	7,083	7,599	6,160	6,502	5,946	5,418
Cash & Short-Term Investments	7,083	7,599	6,160	6,502	5,946	5,418
Cash Growth	5.20%	23.36%	-5.26%	9.35%	9.74%	17.02%
Accounts Receivable	6,337	7,091	7,993	8,582	7,993	6,711
Receivables	6,337	7,091	7,993	8,582	7,993	6,711
Inventory	1,336	1,233	1,238	1,319	1,388	1,187
Other Current Assets	153	107	110	146	136	102
Total Current Assets	14,909	16,030	15,501	16,549	15,463	13,418
Property, Plant & Equipment	4,637	4,650	4,606	4,335	3,780	3,605
Long-Term Investments	1,470	1,399	1,434	1,443	1,400	1,438
Other Intangible Assets	252	268	294	345	398	464
Long-Term Deferred Tax Assets	-	28	35	58	67	42
Other Long-Term Assets	1	1	2	1	1	1
Total Assets	21,269	22,376	21,872	22,731	21,109	18,968
Accounts Payable	7,866	8,682	8,523	9,689	9,595	8,090
Accrued Expenses	163	137	136	178	184	112
Short-Term Debt	320	320	320	370	370	370
Current Portion of Long-Term Debt	270	340	411	571	366	487
Current Income Taxes Payable	96	295	271	288	355	332
Other Current Liabilities	683	688	631	682	645	480
Total Current Liabilities	9,398	10,462	10,292	11,778	11,515	9,871
Long-Term Debt	173	196	537	771	262	533
Pension & Post-Retirement Benefits	38	36	26	27	265	248
Long-Term Deferred Tax Liabilities	-	62	94	140	143	215
Other Long-Term Liabilities	415	330	332	327	158	143
Total Liabilities	10,024	11,086	11,281	13,043	12,343	11,010
Common Stock	885	885	885	885	885	885
Additional Paid-In Capital	1,344	1,344	1,334	1,324	1,316	1,316
Retained Earnings	7,874	7,935	7,327	6,533	5,689	4,949
Treasury Stock	-108	-108	-113	-117	-123	-123
Comprehensive Income & Other	57	40	26	18	10	11
Total Common Equity	10,052	10,096	9,459	8,643	7,777	7,038
Minority Interest	1,193	1,194	1,132	1,045	989	920
Shareholders' Equity	11,245	11,290	10,591	9,688	8,766	7,958
Total Liabilities & Equity	21,269	22,376	21,872	22,731	21,109	18,968
Total Debt	763	856	1,268	1,712	998	1,390
Net Cash (Debt)	6,320	6,743	4,892	4,790	4,948	4,028
Net Cash Growth	13.69%	37.84%	2.13%	-3.19%	22.84%	46.95%
Net Cash Per Share	957.90	1022.66	743.72	730.16	755.84	615.28
Filing Date Shares Outstanding	6.6	6.6	6.58	6.57	6.55	6.55
Total Common Shares Outstanding	6.6	6.6	6.58	6.57	6.55	6.55
Working Capital	5,511	5,568	5,209	4,771	3,948	3,547
Book Value Per Share	1523.04	1529.71	1436.79	1315.78	1187.99	1075.10
Tangible Book Value	9,800	9,828	9,165	8,298	7,379	6,574
Tangible Book Value Per Share	1484.86	1489.10	1392.14	1263.26	1127.19	1004.23