Shigematsu Works 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	1,577	1,475	1,629	1,627	1,347	1,526
Cash & Short-Term Investments	1,577	1,475	1,629	1,627	1,347	1,526
Cash Growth	17.77%	-9.45%	0.12%	20.79%	-11.73%	2.07%
Accounts Receivable	4,552	4,118	3,627	3,818	3,203	3,189
Other Receivables	-	-	-	-	-	68
Receivables	4,552	4,118	3,627	3,818	3,203	3,257
Inventory	5,187	4,665	3,944	3,775	3,919	3,809
Prepaid Expenses	-	69	68	47	64	39
Other Current Assets	205	106	43	74	93	36
Total Current Assets	11,521	10,433	9,311	9,341	8,626	8,667
Property, Plant & Equipment	5,769	4,942	3,843	3,820	3,955	4,109
Long-Term Investments	2,606	2,065	2,566	1,894	1,646	1,110
Other Intangible Assets	499	603	375	145	92	94
Other Long-Term Assets	2	2	1	2	2	2
Total Assets	20,397	18,045	16,096	15,202	14,322	13,984
Accounts Payable	3,543	2,942	2,871	3,061	2,858	3,289
Accrued Expenses	100	411	413	369	555	705
Short-Term Debt	2,500	3,000	200	400	600	1,300
Current Portion of Long-Term Debt	712	740	880	815	820	700
Current Portion of Leases	-	1	2	4	8	9
Current Income Taxes Payable	-	177	285	378	263	333
Other Current Liabilities	424	48	124	97	51	36
Total Current Liabilities	7,279	7,319	4,775	5,124	5,155	6,372
Long-Term Debt	3,040	1,290	2,030	1,910	1,925	1,420
Long-Term Leases	-	6	8	2	6	15
Pension & Post-Retirement Benefits	-	-	-	15	86	136
Long-Term Deferred Tax Liabilities	-	675	811	615	467	230
Other Long-Term Liabilities	1,094	191	190	188	186	193
Total Liabilities	11,413	9,481	7,814	7,854	7,825	8,366
Common Stock	570	570	570	570	570	570
Additional Paid-In Capital	272	272	272	272	272	272
Retained Earnings	6,661	6,552	5,861	5,383	4,706	4,206
Treasury Stock	-56	-56	-56	-56	-56	-56
Comprehensive Income & Other	1,537	1,226	1,635	1,179	1,005	626
Shareholders' Equity	8,984	8,564	8,282	7,348	6,497	5,618
Total Liabilities & Equity	20,397	18,045	16,096	15,202	14,322	13,984
Total Debt	6,252	5,037	3,120	3,131	3,359	3,444
Net Cash (Debt)	-4,675	-3,562	-1,491	-1,504	-2,012	-1,918
Net Cash Per Share	-657.43	-500.91	-209.68	-211.50	-282.94	-269.72
Filing Date Shares Outstanding	7.11	7.11	7.11	7.11	7.11	7.11
Total Common Shares Outstanding	7.11	7.11	7.11	7.11	7.11	7.11
Working Capital	4,242	3,114	4,536	4,217	3,471	2,295
Book Value Per Share	1263.20	1204.52	1164.67	1033.33	913.65	790.04
Tangible Book Value	8,485	7,961	7,907	7,203	6,405	5,524
Tangible Book Value Per Share	1193.04	1119.71	1111.94	1012.94	900.72	776.82

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