Tokyo Board Industries 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	908	1,776	1,605	2,515	1,789	1,505
Cash & Short-Term Investments	908	1,776	1,605	2,515	1,789	1,505
Cash Growth	-54.00%	10.65%	-36.18%	40.58%	18.87%	-61.67%
Accounts Receivable	2,057	1,744	1,893	1,473	1,961	1,667
Other Receivables	-	-	-	-	-	1,079
Receivables	2,057	1,744	1,893	1,473	1,961	2,746
Inventory	913	1,103	1,181	923	753	812
Other Current Assets	185	142	143	161	113	213
Total Current Assets	4,063	4,765	4,822	5,072	4,616	5,276
Property, Plant & Equipment	7,297	7,230	6,487	7,179	8,265	9,176
Long-Term Investments	516	497	485	490	523	700
Other Intangible Assets	8	9	7	8	7	10
Long-Term Deferred Tax Assets	18	19	16	20	20	14
Other Long-Term Assets	1	2	1	1	1	1
Total Assets	11,905	12,525	11,820	12,773	13,436	15,181
Accounts Payable	377	511	497	457	662	435
Accrued Expenses	64	69	66	65	64	69
Short-Term Debt	256	257	257	257	257	300
Current Portion of Long-Term Debt	6,227	5,301	4,795	3,382	2,170	2,092
Current Income Taxes Payable	400	651	315	332	361	417
Other Current Liabilities	445	300	264	285	207	531
Total Current Liabilities	7,769	7,089	6,194	4,778	3,721	3,844
Long-Term Debt	925	1,864	2,400	3,823	5,055	5,535
Pension & Post-Retirement Benefits	245	251	242	252	258	266
Long-Term Deferred Tax Liabilities	271	262	261	267	285	285
Other Long-Term Liabilities	661	658	657	649	646	646
Total Liabilities	9,871	10,124	9,754	9,769	9,965	10,576
Common Stock	221	221	221	221	221	221
Additional Paid-In Capital	114	114	114	114	114	114
Retained Earnings	2,176	2,568	2,275	3,232	3,740	4,964
Treasury Stock	-1,404	-1,404	-1,404	-1,404	-1,404	-1,404
Comprehensive Income & Other	54	46	35	34	48	23
Total Common Equity	1,161	1,545	1,241	2,197	2,719	3,918
Minority Interest	873	856	825	807	752	687
Shareholders' Equity	2,034	2,401	2,066	3,004	3,471	4,605
Total Liabilities & Equity	11,905	12,525	11,820	12,773	13,436	15,181
Total Debt	7,408	7,422	7,452	7,462	7,482	7,927
Net Cash (Debt)	-6,500	-5,646	-5,847	-4,947	-5,693	-6,422
Net Cash Per Share	-2507.83	-2178.34	-2255.89	-1908.65	-2196.45	-2477.71
Filing Date Shares Outstanding	2.59	2.59	2.59	2.59	2.59	2.59
Total Common Shares Outstanding	2.59	2.59	2.59	2.59	2.59	2.59
Working Capital	-3,706	-2,324	-1,372	294	895	1,432
Book Value Per Share	447.94	596.09	478.80	847.65	1049.03	1511.63
Tangible Book Value	1,153	1,536	1,234	2,189	2,712	3,908
Tangible Book Value Per Share	444.85	592.62	476.10	844.56	1046.33	1507.77

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