NEW ART HOLDINGS 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	2,235	1,353	1,713	2,664	3,322
Cash & Short-Term Investments	2,235	1,353	1,713	2,664	3,322
Cash Growth	65.19%	-21.02%	-35.70%	-19.81%	6.03%
Accounts Receivable	2,332	2,792	1,609	1,555	1,402
Receivables	2,332	2,792	1,609	1,555	1,402
Inventory	14,014	12,638	8,195	7,875	7,290
Prepaid Expenses	284	251	154	162	157
Other Current Assets	250	514	372	848	839
Total Current Assets	19,115	17,548	12,043	13,104	13,010
Property, Plant & Equipment	5,386	5,876	7,782	6,644	5,538
Long-Term Investments	1,920	2,100	1,558	1,679	1,638
Goodwill	961	1,125	237	284	168
Other Intangible Assets	52	44	64	71	33
Long-Term Deferred Tax Assets	636	625	293	427	268
Other Long-Term Assets	2	2	1	2	1
Total Assets	28,105	27,328	21,991	22,394	20,906
Accounts Payable	2,153	2,178	1,467	1,259	1,325
Short-Term Debt	4,703	5,260	3,293	3,536	3,620
Current Portion of Long-Term Debt	856	1,003	1,679	755	577
Current Portion of Leases	126	97	94	86	96
Current Income Taxes Payable	1,139	1,241	713	787	389
Other Current Liabilities	2,579	2,642	2,258	2,471	2,441
Total Current Liabilities	11,556	12,421	9,504	8,894	8,448
Long-Term Debt	2,332	2,526	1,987	2,248	1,054
Long-Term Leases	179	277	68	128	185
Pension & Post-Retirement Benefits	308	318	240	247	236
Other Long-Term Liabilities	1,865	1,115	1,325	1,479	1,336
Total Liabilities	16,240	16,657	13,124	12,996	11,259
Common Stock	3,301	3,301	2,617	2,617	2,617
Additional Paid-In Capital	3,056	3,158	2,474	2,474	2,474
Retained Earnings	5,565	5,791	5,343	5,795	5,263
Treasury Stock	-312	-1,931	-1,404	-1,403	-499
Comprehensive Income & Other	-454	-384	-367	-250	-357
Total Common Equity	11,156	9,935	8,663	9,233	9,498
Minority Interest	709	736	204	165	149
Shareholders' Equity	11,865	10,671	8,867	9,398	9,647
Total Liabilities & Equity	28,105	27,328	21,991	22,394	20,906
Total Debt	8,196	9,163	7,121	6,753	5,532
Net Cash (Debt)	-5,961	-7,810	-5,408	-4,089	-2,210
Net Cash Per Share	-347.06	-493.37	-351.92	-261.75	-139.17
Filing Date Shares Outstanding	17.16	17.16	15.37	15.37	15.94
Total Common Shares Outstanding	17.16	15.8	15.37	15.37	15.94
Working Capital	7,559	5,127	2,539	4,210	4,562
Book Value Per Share	650.27	628.93	563.74	600.79	595.74
Tangible Book Value	10,143	8,766	8,362	8,878	9,297
Tangible Book Value Per Share	591.22	554.93	544.15	577.69	583.13