Maezawa Kasei 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	12,703	12,905	13,241	12,199	12,821	12,439
Short-Term Investments	2,500	1,300	2,210	2,100	1,500	2,600
Cash & Short-Term Investments	15,203	14,205	15,451	14,299	14,321	15,039
Cash Growth	13.09%	-8.06%	8.06%	-0.15%	-4.77%	16.14%
Receivables	9,372	9,559	9,554	9,482	9,188	8,278
Inventory	4,271	4,005	3,966	3,917	3,246	3,062
Other Current Assets	834	640	560	542	558	586
Total Current Assets	29,680	28,409	29,531	28,240	27,313	26,965
Property, Plant & Equipment	10,348	10,628	10,630	10,985	11,081	11,902
Long-Term Investments	10,509	10,319	8,584	6,751	6,426	5,857
Goodwill	105	117	133	149	-	-
Other Intangible Assets	323	410	421	340	422	183
Long-Term Deferred Tax Assets	16	17	52	39	26	10
Other Long-Term Assets	744	1	2	2	2	1
Total Assets	51,725	49,901	49,353	46,506	45,270	44,918
Accounts Payable	1,762	3,537	3,766	3,706	3,618	3,381
Accrued Expenses	260	477	508	492	462	428
Short-Term Debt	330	330	330	330	370	370
Current Income Taxes Payable	266	523	464	447	469	193
Other Current Liabilities	3,969	2,012	2,354	2,155	2,030	1,915
Total Current Liabilities	6,587	6,879	7,422	7,130	6,949	6,287
Long-Term Debt	-	-	-	60	60	60
Pension & Post-Retirement Benefits	-	-	154	189	-	494
Long-Term Deferred Tax Liabilities	1,614	1,046	875	262	246	256
Other Long-Term Liabilities	440	464	483	510	494	461
Total Liabilities	8,641	8,389	8,934	8,151	7,749	7,558
Common Stock	3,387	3,387	3,387	3,387	3,387	3,387
Additional Paid-In Capital	6,378	6,368	6,368	6,363	6,363	6,363
Retained Earnings	29,901	29,434	28,541	27,925	27,210	27,087
Treasury Stock	-998	-1,014	-1,014	-1,034	-1,034	-1,045
Comprehensive Income & Other	4,309	3,232	3,042	1,626	1,595	1,568
Total Common Equity	42,977	41,407	40,324	38,267	37,521	37,360
Minority Interest	107	105	95	88	-	-
Shareholders' Equity	43,084	41,512	40,419	38,355	37,521	37,360
Total Liabilities & Equity	51,725	49,901	49,353	46,506	45,270	44,918
Total Debt	330	330	330	390	430	430
Net Cash (Debt)	14,873	13,875	15,121	13,909	13,891	14,609
Net Cash Growth	13.42%	-8.24%	8.71%	0.13%	-4.92%	16.70%
Net Cash Per Share	1001.35	935.02	1019.42	938.36	937.17	985.86
Filing Date Shares Outstanding	14.85	14.84	14.84	14.82	14.82	14.82
Total Common Shares Outstanding	14.85	14.84	14.84	14.82	14.82	14.82
Working Capital	23,093	21,530	22,109	21,110	20,364	20,678
Book Value Per Share	2893.49	2790.37	2717.37	2581.61	2531.39	2521.15
Tangible Book Value	42,549	40,880	39,770	37,778	37,099	37,177
Tangible Book Value Per Share	2864.68	2754.86	2680.04	2548.62	2502.92	2508.80
Order Backlog	-	1,346	457	444	393	897

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.