Estelle Holdings 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	4,402	5,112	6,413	6,650	8,617	8,376
Cash & Short-Term Investments	4,402	5,112	6,413	6,650	8,617	8,376
Cash Growth	-24.83%	-20.29%	-3.56%	-22.83%	2.88%	-6.36%
Receivables	2,672	2,284	2,547	2,156	2,207	2,181
Inventory	15,946	16,303	16,648	17,284	15,837	14,585
Other Current Assets	306	222	222	383	338	271
Total Current Assets	23,326	23,921	25,830	26,473	26,999	25,413
Property, Plant & Equipment	2,115	1,401	1,598	1,649	1,829	2,448
Long-Term Investments	4,383	3,842	3,872	4,024	4,150	4,281
Other Intangible Assets	119	127	116	163	167	190
Long-Term Deferred Tax Assets	-	581	615	1,520	1,363	1,442
Other Long-Term Assets	1	1	1	2	2	1
Total Assets	29,944	29,873	32,032	33,831	34,510	33,775
Accounts Payable	4,033	3,681	3,728	3,985	4,451	4,202
Accrued Expenses	211	400	404	397	424	427
Current Portion of Long-Term Debt	3,731	3,700	3,896	4,027	3,983	3,628
Current Income Taxes Payable	175	1,137	1,213	1,104	1,082	1,100
Other Current Liabilities	2,595	1,169	1,423	1,416	1,358	1,487
Total Current Liabilities	10,745	10,087	10,664	10,929	11,298	10,844
Long-Term Debt	5,997	5,902	6,486	6,686	6,917	6,485
Pension & Post-Retirement Benefits	1,482	1,523	2,143	2,167	2,122	2,253
Other Long-Term Liabilities	245	124	110	96	82	85
Total Liabilities	18,469	17,636	19,403	19,878	20,419	19,667
Common Stock	1,571	1,571	1,571	1,571	1,571	1,571
Additional Paid-In Capital	3,388	3,367	3,384	3,384	3,384	3,384
Retained Earnings	6,350	7,289	7,917	9,183	9,376	9,613
Treasury Stock	-662	-662	-662	-570	-570	-570
Comprehensive Income & Other	204	345	191	168	155	-34
Total Common Equity	10,851	11,910	12,401	13,736	13,916	13,964
Minority Interest	624	327	228	217	175	144
Shareholders' Equity	11,475	12,237	12,629	13,953	14,091	14,108
Total Liabilities & Equity	29,944	29,873	32,032	33,831	34,510	33,775
Total Debt	9,728	9,602	10,382	10,713	10,900	10,113
Net Cash (Debt)	-5,326	-4,490	-3,969	-4,063	-2,283	-1,737
Net Cash Per Share	-508.35	-428.56	-378.04	-382.33	-214.83	-163.45
Filing Date Shares Outstanding	10.48	10.48	10.48	10.48	10.63	10.63
Total Common Shares Outstanding	10.48	10.48	10.48	10.63	10.63	10.63
Working Capital	12,581	13,834	15,166	15,544	15,701	14,569
Book Value Per Share	1035.64	1136.71	1183.58	1292.47	1309.41	1313.91
Tangible Book Value	10,732	11,783	12,285	13,573	13,749	13,774
Tangible Book Value Per Share	1024.28	1124.59	1172.50	1277.13	1293.69	1296.03

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