Musashi Balance Sheet

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	23,567	22,291	16,660	20,676	19,485
Cash & Short-Term Investments	23,567	22,291	16,660	20,676	19,485
Cash Growth	5.72%	33.80%	-19.42%	6.11%	5.43%
Accounts Receivable	9,685	9,016	8,773	8,805	9,491
Receivables	9,685	9,016	11,773	8,805	9,491
Inventory	3,191	3,216	3,480	2,943	2,889
Other Current Assets	421	320	523	327	594
Total Current Assets	36,864	34,843	32,436	32,751	32,459
Property, Plant & Equipment	3,798	3,767	3,887	3,816	3,954
Long-Term Investments	11,592	10,814	8,390	6,961	6,595
Goodwill	-	-	1	20	39
Other Intangible Assets	488	204	110	148	199
Long-Term Deferred Tax Assets	106	181	205	196	234
Other Long-Term Assets	1	2	2	1	1
Total Assets	52,849	49,811	45,031	43,893	43,481
Accounts Payable	6,249	6,371	6,980	7,192	8,046
Accrued Expenses	426	396	388	386	387
Short-Term Debt	3,516	3,516	3,516	3,516	3,516
Current Income Taxes Payable	1,115	1,111	67	477	703
Other Current Liabilities	1,343	1,425	1,082	1,106	1,481
Total Current Liabilities	12,649	12,819	12,033	12,677	14,133
Pension & Post-Retirement Benefits	1,338	1,280	1,204	1,235	1,140
Long-Term Deferred Tax Liabilities	1,286	1,049	769	355	167
Other Long-Term Liabilities	637	698	828	929	1,018
Total Liabilities	15,910	15,846	14,834	15,196	16,458
Common Stock	1,208	1,208	1,208	1,208	1,208
Additional Paid-In Capital	2,005	2,005	2,005	2,005	2,005
Retained Earnings	32,842	30,434	27,348	26,819	25,363
Treasury Stock	-1,854	-1,854	-1,854	-1,854	-1,854
Comprehensive Income & Other	2,738	2,172	1,490	519	301
Shareholders' Equity	36,939	33,965	30,197	28,697	27,023
Total Liabilities & Equity	52,849	49,811	45,031	43,893	43,481
Total Debt	3,516	3,516	3,516	3,516	3,516
Net Cash (Debt)	20,051	18,775	13,144	17,160	15,969
Net Cash Growth	6.80%	42.84%	-23.40%	7.46%	6.71%
Net Cash Per Share	2942.50	2755.36	1928.97	2518.34	2302.00
Filing Date Shares Outstanding	6.81	6.81	6.81	6.81	6.81
Total Common Shares Outstanding	6.81	6.81	6.81	6.81	6.81
Working Capital	24,215	22,024	20,403	20,074	18,326
Book Value Per Share	5420.84	4984.33	4431.38	4211.19	3965.54
Tangible Book Value	36,451	33,761	30,086	28,529	26,785
Tangible Book Value Per Share	5349.23	4954.40	4415.09	4186.54	3930.61

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