Pilot Balance Sheet

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	33,167	39,992	39,977	39,171	46,128	46,515
Cash & Short-Term Investments	34,419	39,992	39,977	39,171	46,128	46,515
Cash Growth	-6.86%	0.04%	2.06%	-15.08%	-0.83%	21.41%
Receivables	36,497	26,277	25,645	24,157	22,654	22,459
Inventory	38,507	38,309	37,010	37,295	32,834	25,920
Other Current Assets	3,894	5,667	5,662	6,515	4,990	4,022
Total Current Assets	113,317	110,245	108,294	107,138	106,606	98,916
Property, Plant & Equipment	46,647	46,203	44,010	37,891	31,023	28,217
Long-Term Investments	8,810	14,735	13,506	11,738	8,222	7,209
Goodwill	1,241	1,272	1,302	-	-	-
Other Intangible Assets	7,411	6,342	6,432	6,328	6,268	6,312
Long-Term Deferred Tax Assets	1,289	1,107	3,156	3,371	4,421	2,499
Other Long-Term Assets	6,807	2	1	2	2	2
Total Assets	185,522	179,906	176,701	166,468	156,542	143,155
Accounts Payable	7,917	10,743	11,197	12,148	14,354	14,161
Accrued Expenses	4,556	4,102	3,983	3,684	3,497	4,606
Short-Term Debt	2,271	582	370	1,728	4,441	2,718
Current Portion of Long-Term Debt	557	166	319	409	8	6,650
Current Income Taxes Payable	4,075	1,624	3,159	1,602	4,691	4,898
Other Current Liabilities	13,719	10,077	13,720	11,996	9,801	6,093
Total Current Liabilities	33,095	27,294	32,748	31,567	36,792	39,126
Long-Term Debt	3,500	4,000	166	494	16	41
Pension & Post-Retirement Benefits	1,021	1,014	905	851	789	895
Long-Term Deferred Tax Liabilities	908	428	524	389	85	4
Other Long-Term Liabilities	1,210	1,093	780	823	870	741
Total Liabilities	39,734	33,829	35,123	34,124	38,552	40,807
Common Stock	2,340	2,340	2,340	2,340	2,340	2,340
Additional Paid-In Capital	8,214	8,214	7,887	7,923	7,923	7,914
Retained Earnings	135,394	143,510	136,126	129,116	119,401	106,389
Treasury Stock	-11,087	-16,632	-10,734	-10,858	-10,858	-10,871
Comprehensive Income & Other	10,317	8,011	4,232	1,887	-2,252	-4,718
Total Common Equity	145,178	145,443	139,851	130,408	116,554	101,054
Minority Interest	610	634	1,727	1,936	1,436	1,294
Shareholders' Equity	145,788	146,077	141,578	132,344	117,990	102,348
Total Liabilities & Equity	185,522	179,906	176,701	166,468	156,542	143,155
Total Debt	6,328	4,748	855	2,631	4,465	9,409
Net Cash (Debt)	28,091	35,244	39,122	36,540	41,663	37,106
Net Cash Growth	-20.76%	-9.91%	7.07%	-12.30%	12.28%	55.67%
Net Cash Per Share	255.62	308.72	333.74	308.75	352.06	313.58
Filing Date Shares Outstanding	105.01	111.6	115.62	118.35	118.35	118.33
Total Common Shares Outstanding	105.01	111.6	115.62	118.35	118.35	118.33
Working Capital	80,222	82,951	75,546	75,571	69,814	59,790
Book Value Per Share	1382.52	1303.28	1209.57	1101.90	984.84	854.00
Tangible Book Value	136,526	137,829	132,117	124,080	110,286	94,742
Tangible Book Value Per Share	1300.13	1235.06	1142.68	1048.43	931.88	800.66