Marvelous 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	16,146	7,880	12,677	13,888	16,431	16,403
Short-Term Investments	-	-	999	400	-	-
Cash & Short-Term Investments	16,146	7,880	13,676	14,288	16,431	16,403
Cash Growth	93.95%	-42.38%	-4.28%	-13.04%	0.17%	46.86%
Accounts Receivable	3,549	4,053	3,547	3,763	4,026	3,779
Other Receivables	261	623	-	-	-	-
Receivables	3,810	4,676	3,547	3,763	4,026	3,779
Inventory	2,626	7,645	5,553	8,040	4,594	2,655
Other Current Assets	2,476	2,435	2,936	2,369	3,055	1,951
Total Current Assets	25,058	22,636	25,712	28,460	28,106	24,788
Property, Plant & Equipment	2,672	3,071	1,784	525	887	1,283
Long-Term Investments	2,908	3,168	3,054	4,257	4,722	4,795
Goodwill	-	-	-	155	196	-
Other Intangible Assets	2,187	1,669	1,015	846	1,029	943
Long-Term Deferred Tax Assets	2,206	2,208	2,865	2,139	1,590	1,652
Other Long-Term Assets	638	1	2	1	1	2
Total Assets	35,669	32,903	34,538	36,447	36,531	33,463
Accounts Payable	2,059	2,159	2,571	1,644	1,544	1,085
Accrued Expenses	959	1,440	1,913	1,411	1,780	2,188
Short-Term Debt	-	-	-	160	160	160
Current Income Taxes Payable	552	1,481	1,494	2,411	1,847	2,228
Other Current Liabilities	4,642	1,471	929	1,254	1,812	838
Total Current Liabilities	8,212	6,551	6,907	6,880	7,143	6,499
Other Long-Term Liabilities	167	166	236	342	415	214
Total Liabilities	8,379	6,717	7,143	7,222	7,558	6,713
Common Stock	3,611	3,611	3,611	3,611	3,611	3,611
Additional Paid-In Capital	8,744	8,744	8,744	8,744	8,744	8,744
Retained Earnings	15,214	14,275	15,464	17,989	18,072	16,262
Treasury Stock	-1,740	-1,740	-1,740	-1,830	-1,899	-1,923
Comprehensive Income & Other	1,418	1,253	1,275	672	411	56
Total Common Equity	27,247	26,143	27,354	29,186	28,939	26,750
Minority Interest	43	43	41	39	34	-
Shareholders' Equity	27,290	26,186	27,395	29,225	28,973	26,750
Total Liabilities & Equity	35,669	32,903	34,538	36,447	36,531	33,463
Total Debt	-	-	-	160	160	160
Net Cash (Debt)	16,146	7,880	13,676	14,128	16,271	16,243
Net Cash Growth	93.95%	-42.38%	-3.20%	-13.17%	0.17%	48.08%
Net Cash Per Share	266.55	130.09	225.93	233.77	269.49	276.79
Filing Date Shares Outstanding	60.57	60.57	60.57	60.47	60.39	60.36
Total Common Shares Outstanding	60.57	60.57	60.57	60.47	60.39	60.36
Working Capital	16,846	16,085	18,805	21,580	20,963	18,289
Book Value Per Share	449.82	431.59	451.59	482.66	479.22	443.17
Tangible Book Value	25,060	24,474	26,339	28,185	27,714	25,807
Tangible Book Value Per Share	413.71	404.04	434.83	466.11	458.93	427.55
Order Backlog	-	554	280	-	662	653

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