Echo Trading Balance Sheet

Financials in millions JPY. Fiscal year is March - February.

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Cash & Equivalents	7,126	4,221	4,060	3,688	3,633	4,446
Cash & Short-Term Investments	7,126	4,221	4,060	3,688	3,633	4,446
Cash Growth	-9.27%	3.97%	10.09%	1.51%	-18.29%	11.85%
Accounts Receivable	26,430	21,805	21,345	20,089	17,938	17,998
Other Receivables	2,555	2,557	2,475	2,454	2,418	2,424
Receivables	28,985	24,362	23,820	22,543	20,356	20,422
Inventory	4,234	3,294	3,211	3,109	3,125	3,252
Other Current Assets	164	113	63	61	69	81
Total Current Assets	40,509	31,990	31,154	29,401	27,183	28,201
Property, Plant & Equipment	963	961	1,219	1,191	1,168	1,182
Long-Term Investments	1,161	979	1,068	1,018	956	932
Other Intangible Assets	233	133	81	56	64	80
Other Long-Term Assets	1	2	1	1	1	2
Total Assets	42,867	34,065	33,523	31,667	29,379	30,412
Accounts Payable	22,918	15,101	15,168	13,992	12,356	14,681
Accrued Expenses	174	173	301	365	88	142
Short-Term Debt	3,250	3,250	3,200	3,700	4,200	2,500
Current Income Taxes Payable	3,843	3,425	3,449	3,360	2,965	3,439
Other Current Liabilities	288	257	467	383	317	404
Total Current Liabilities	30,473	22,206	22,585	21,800	19,926	21,166
Other Long-Term Liabilities	453	382	297	285	321	304
Total Liabilities	30,926	22,588	22,882	22,085	20,247	21,470
Common Stock	2,030	2,012	1,988	1,988	1,988	1,988
Additional Paid-In Capital	1,995	1,977	1,945	1,944	1,944	1,944
Retained Earnings	7,558	7,247	6,449	5,398	4,946	4,778
Treasury Stock	-45	-45	-83	-	-	-
Comprehensive Income & Other	393	268	321	222	223	201
Total Common Equity	11,931	11,459	10,620	9,552	9,101	8,911
Minority Interest	10	18	21	30	31	31
Shareholders' Equity	11,941	11,477	10,641	9,582	9,132	8,942
Total Liabilities & Equity	42,867	34,065	33,523	31,667	29,379	30,412
Total Debt	3,250	3,250	3,200	3,700	4,200	2,500
Net Cash (Debt)	3,876	971	860	-12	-567	1,946
Net Cash Growth	-17.60%	12.91%	-	-	-	23.56%
Net Cash Per Share	641.54	161.27	142.89	-1.99	-94.09	322.93
Filing Date Shares Outstanding	6.06	6.04	5.97	6.03	6.03	6.03
Total Common Shares Outstanding	6.06	6.04	5.97	6.03	6.03	6.03
Working Capital	10,036	9,784	8,569	7,601	7,257	7,035
Book Value Per Share	1968.82	1898.42	1780.06	1585.10	1510.26	1478.73
Tangible Book Value	11,698	11,326	10,539	9,496	9,037	8,831
Tangible Book Value Per Share	1930.38	1876.39	1766.48	1575.81	1499.64	1465.46

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