Hakudo 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	7,670	5,473	5,700	6,038	8,674
Cash & Short-Term Investments	7,670	5,473	5,700	6,038	8,674
Cash Growth	40.14%	-3.98%	-5.60%	-30.39%	46.42%
Receivables	16,422	16,789	16,024	16,812	16,984
Inventory	12,531	12,522	10,221	10,631	7,802
Other Current Assets	302	244	183	348	155
Total Current Assets	36,925	35,028	32,128	33,829	33,615
Property, Plant & Equipment	6,518	6,404	6,653	6,250	6,097
Long-Term Investments	2,516	1,509	1,463	1,220	1,129
Goodwill	792	848	802	809	-
Other Intangible Assets	554	622	620	604	509
Long-Term Deferred Tax Assets	258	332	348	435	428
Other Long-Term Assets	1	2	1	2	2
Total Assets	47,564	44,745	42,015	43,149	41,780
Accounts Payable	18,988	18,598	17,147	19,020	18,653
Accrued Expenses	1,601	1,369	1,245	1,468	1,804
Current Portion of Long-Term Debt	-	-	-	350	-
Current Income Taxes Payable	656	547	324	579	1,145
Other Current Liabilities	714	405	704	351	301
Total Current Liabilities	21,959	20,919	19,420	21,768	21,903
Pension & Post-Retirement Benefits	12	13	11	9	10
Other Long-Term Liabilities	128	59	104	144	39
Total Liabilities	22,099	20,991	19,535	21,921	21,952
Common Stock	1,000	1,000	1,000	1,000	1,000
Additional Paid-In Capital	408	621	621	621	621
Retained Earnings	22,546	21,171	20,001	19,059	17,739
Treasury Stock	-2	-2	-1	-1	-1
Comprehensive Income & Other	1,513	964	859	525	469
Total Common Equity	25,465	23,754	22,480	21,204	19,828
Minority Interest	-	-	-	24	-
Shareholders' Equity	25,465	23,754	22,480	21,228	19,828
Total Liabilities & Equity	47,564	44,745	42,015	43,149	41,780
Total Debt	-	-	-	350	-
Net Cash (Debt)	7,670	5,473	5,700	5,688	8,674
Net Cash Growth	40.14%	-3.98%	0.21%	-34.42%	46.42%
Net Cash Per Share	676.26	482.55	502.57	501.51	764.78
Filing Date Shares Outstanding	11.34	11.34	11.34	11.34	11.34
Total Common Shares Outstanding	11.34	11.34	11.34	11.34	11.34
Working Capital	14,966	14,109	12,708	12,061	11,712
Book Value Per Share	2245.25	2094.39	1982.05	1869.55	1748.23
Tangible Book Value	24,119	22,284	21,058	19,791	19,319
Tangible Book Value Per Share	2126.58	1964.78	1856.67	1744.96	1703.35

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