ARGO GRAPHICS 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	35,825	37,896	34,356	26,887	26,210	22,149
Short-Term Investments	-	-	500	1,200	-	500
Cash & Short-Term Investments	35,825	37,896	34,856	28,087	26,210	22,649
Cash Growth	1.28%	8.72%	24.10%	7.16%	15.72%	4.86%
Receivables	16,787	19,545	15,441	18,411	13,688	12,180
Inventory	4,706	2,571	2,169	2,019	1,288	798
Other Current Assets	1,618	1,780	1,416	1,885	2,078	2,056
Total Current Assets	58,935	61,792	53,882	50,402	43,264	37,683
Property, Plant & Equipment	3,994	1,093	430	396	212	208
Long-Term Investments	12,271	22,871	19,858	13,891	14,517	13,880
Goodwill	257.19	298	486	448	468	603
Other Intangible Assets	53.99	45	38	45	23	36
Long-Term Deferred Tax Assets	-	389	358	318	344	174
Other Long-Term Assets	2,014	2	1	2	2	1
Total Assets	77,525	86,490	75,053	65,502	58,830	52,585
Accounts Payable	13,717	12,875	9,514	10,995	8,931	7,247
Accrued Expenses	495.49	975	913	796	753	668
Current Income Taxes Payable	5,563	1,898	1,715	1,379	1,365	1,024
Other Current Liabilities	4,913	4,408	4,744	4,311	3,901	2,987
Total Current Liabilities	24,689	20,156	16,886	17,481	14,950	11,926
Pension & Post-Retirement Benefits	3,073	3,082	3,044	3,006	2,999	2,987
Long-Term Deferred Tax Liabilities	-	2,824	2,021	533	561	707
Other Long-Term Liabilities	1,169	760	661	542	463	437
Total Liabilities	28,931	26,822	22,612	21,562	18,973	16,057
Common Stock	1,873	1,873	1,873	1,873	1,873	1,873
Additional Paid-In Capital	2,044	2,136	2,136	2,136	2,132	2,117
Retained Earnings	48,535	44,255	38,983	34,203	30,218	27,090
Treasury Stock	-10,290	-1,000	-1,010	-925	-699	-688
Comprehensive Income & Other	3,920	9,923	8,138	4,529	4,280	4,302
Total Common Equity	46,083	57,187	50,120	41,816	37,804	34,694
Minority Interest	2,511	2,481	2,321	2,124	2,053	1,834
Shareholders' Equity	48,594	59,668	52,441	43,940	39,857	36,528
Total Liabilities & Equity	77,525	86,490	75,053	65,502	58,830	52,585
Net Cash (Debt)	35,825	37,896	34,856	28,087	26,210	22,649
Net Cash Growth	1.28%	8.72%	24.10%	7.16%	15.72%	4.86%
Net Cash Per Share	521.39	444.70	408.87	329.12	306.56	265.13
Filing Date Shares Outstanding	68.71	85.23	85.2	85.28	85.48	85.43
Total Common Shares Outstanding	68.71	85.23	85.2	85.28	85.48	85.43
Working Capital	34,246	41,636	36,996	32,921	28,314	25,757
Book Value Per Share	670.69	671.00	588.28	490.36	442.24	406.12
Tangible Book Value	45,772	56,844	49,596	41,323	37,313	34,055
Tangible Book Value Per Share	666.16	666.98	582.13	484.58	436.49	398.64
Order Backlog	-	15,192	58,608	14,984	13,284	9,354

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