Koyosha 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	801	1,005	1,267	1,272	1,809	1,745
Cash & Short-Term Investments	801	1,005	1,267	1,272	1,809	1,745
Cash Growth	-21.01%	-20.68%	-0.39%	-29.68%	3.67%	22.71%
Accounts Receivable	887	914	875	965	791	905
Receivables	887	914	875	965	791	905
Inventory	96	107	138	141	144	104
Other Current Assets	146	63	69	63	53	61
Total Current Assets	1,930	2,089	2,349	2,441	2,797	2,815
Property, Plant & Equipment	810	880	966	938	1,045	1,185
Long-Term Investments	152	147	125	125	136	156
Other Intangible Assets	22	27	30	40	48	22
Long-Term Deferred Tax Assets	24	36	29	40	45	19
Other Long-Term Assets	1	2	1	2	1	1
Total Assets	2,939	3,181	3,500	3,586	4,072	4,198
Accounts Payable	269	422	639	701	639	699
Accrued Expenses	22	45	49	52	51	46
Current Portion of Long-Term Debt	77	85	79	271	71	76
Current Income Taxes Payable	40	75	96	43	565	9
Other Current Liabilities	98	97	75	86	75	132
Total Current Liabilities	506	724	938	1,153	1,401	962
Long-Term Debt	289	348	273	242	513	585
Pension & Post-Retirement Benefits	331	320	330	375	399	424
Other Long-Term Liabilities	2	1	2	1	3	2
Total Liabilities	1,128	1,393	1,543	1,771	2,316	1,973
Common Stock	100	100	100	100	100	100
Additional Paid-In Capital	1,390	1,392	2,100	2,105	2,105	2,111
Retained Earnings	736	707	680	533	475	441
Treasury Stock	-415	-411	-923	-923	-923	-428
Comprehensive Income & Other	-	-	-	-	-1	1
Shareholders' Equity	1,811	1,788	1,957	1,815	1,756	2,225
Total Liabilities & Equity	2,939	3,181	3,500	3,586	4,072	4,198
Total Debt	366	433	352	513	584	661
Net Cash (Debt)	435	572	915	759	1,225	1,084
Net Cash Growth	-40.08%	-37.49%	20.55%	-38.04%	13.01%	15.07%
Net Cash Per Share	773.52	846.15	1341.64	1109.65	1111.62	972.20
Filing Date Shares Outstanding	0.53	0.53	0.68	0.68	0.68	1.12
Total Common Shares Outstanding	0.53	0.53	0.68	0.68	0.68	1.12
Working Capital	1,424	1,365	1,411	1,288	1,396	1,853
Book Value Per Share	3416.19	3363.75	2871.05	2652.07	2565.78	1994.31
Tangible Book Value	1,789	1,761	1,927	1,775	1,708	2,203
Tangible Book Value Per Share	3374.69	3312.95	2827.04	2593.63	2495.65	1974.59
Order Backlog	-	253.16	280.61	194.28	252.49	251.27

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