Watami 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	10,563	45,753	35,425	31,505	30,826	20,398
Short-Term Investments	28,219	375	5,213	4,204	-	-
Cash & Short-Term Investments	38,782	46,128	40,638	35,709	30,826	20,398
Cash Growth	-0.96%	13.51%	13.80%	15.84%	51.12%	28.45%
Receivables	5,227	4,348	3,742	3,119	3,961	2,516
Inventory	2,322	2,357	2,171	1,423	1,196	834
Other Current Assets	2,181	3,575	2,135	1,744	1,677	3,657
Total Current Assets	48,512	56,408	48,686	41,995	37,660	27,405
Property, Plant & Equipment	7,128	6,161	7,001	6,313	7,371	9,443
Long-Term Investments	6,910	6,013	6,046	7,570	5,763	6,732
Goodwill	561	681	718	-	-	-
Other Intangible Assets	1,296	1,426	1,015	1,171	1,427	1,312
Long-Term Deferred Tax Assets	838	801	685	-	-	-
Other Long-Term Assets	5,227	1	1	1	2	1
Total Assets	70,472	71,491	64,152	57,050	52,223	44,893
Accounts Payable	4,082	3,554	3,411	3,237	2,901	3,544
Accrued Expenses	2,789	3,025	2,689	2,342	1,923	1,773
Short-Term Debt	6,163	6,560	5,598	5,726	5,592	5,127
Current Portion of Long-Term Debt	-	-	50	100	100	100
Current Portion of Leases	649	964	1,047	560	747	1,015
Current Income Taxes Payable	596	3,395	3,813	4,805	2,953	4,808
Other Current Liabilities	6,069	1,466	1,101	819	621	859
Total Current Liabilities	20,348	18,964	17,709	17,589	14,837	17,226
Long-Term Debt	16,479	21,000	19,511	17,277	17,160	18,316
Long-Term Leases	490	552	1,160	1,016	1,420	2,045
Other Long-Term Liabilities	3,797	3,842	3,606	3,363	4,174	3,911
Total Liabilities	41,114	44,358	41,986	39,245	37,591	41,498
Common Stock	4,910	4,910	4,910	4,910	4,910	4,910
Additional Paid-In Capital	15,618	15,633	15,633	17,019	17,441	5,502
Retained Earnings	6,522	3,242	601	-3,589	-5,264	-3,435
Treasury Stock	-3,540	-3,600	-3,600	-3,738	-3,289	-3,436
Comprehensive Income & Other	5,504	6,610	4,341	3,072	676	-305
Total Common Equity	29,014	26,795	21,885	17,674	14,474	3,236
Minority Interest	344	338	281	131	158	159
Shareholders' Equity	29,358	27,133	22,166	17,805	14,632	3,395
Total Liabilities & Equity	70,472	71,491	64,152	57,050	52,223	44,893
Total Debt	23,781	29,076	27,366	24,679	25,019	26,603
Net Cash (Debt)	15,001	17,052	13,272	11,030	5,807	-6,205
Net Cash Growth	-7.66%	28.48%	20.33%	89.94%	-	-
Net Cash Per Share	374.05	425.59	331.44	271.85	143.23	-157.08
Filing Date Shares Outstanding	40.1	40.07	40.07	39.98	40.57	40.5
Total Common Shares Outstanding	40.1	40.07	40.07	39.98	40.58	40.5
Working Capital	28,164	37,444	30,977	24,406	22,823	10,179
Book Value Per Share	723.46	668.77	546.19	442.02	356.65	79.90
Tangible Book Value	27,157	24,688	20,152	16,503	13,047	1,924
Tangible Book Value Per Share	677.16	616.18	502.94	412.74	321.49	47.50

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