Nakabayashi 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	6,245	7,739	7,214	7,871	8,097	6,467
Cash & Short-Term Investments	6,245	7,739	7,214	7,871	8,097	6,467
Cash Growth	-17.99%	7.28%	-8.35%	-2.79%	25.20%	-5.55%
Receivables	9,396	10,306	11,106	10,302	10,860	11,655
Inventory	11,041	9,471	9,056	8,935	8,481	7,839
Other Current Assets	2,460	2,273	2,697	2,785	2,761	2,354
Total Current Assets	29,142	29,789	30,073	29,893	30,199	28,315
Property, Plant & Equipment	19,227	20,719	21,750	22,274	22,290	22,910
Long-Term Investments	6,087	5,528	5,624	4,543	4,628	4,652
Goodwill	-	-	13	108	427	498
Other Intangible Assets	215	249	279	280	224	261
Long-Term Deferred Tax Assets	201	298	226	603	455	476
Other Long-Term Assets	1	1	-	2	2	1
Total Assets	54,873	56,584	57,965	57,703	58,225	57,113
Accounts Payable	3,859	4,299	4,632	4,775	5,352	5,908
Accrued Expenses	788	1,086	946	985	1,053	1,310
Short-Term Debt	4,616	5,308	6,248	6,400	6,855	4,753
Current Income Taxes Payable	2,891	3,072	3,420	3,281	3,766	3,904
Other Current Liabilities	2,784	2,064	2,421	2,435	2,113	1,498
Total Current Liabilities	14,938	15,829	17,667	17,876	19,139	17,373
Long-Term Debt	6,952	8,270	8,674	9,285	6,654	7,697
Pension & Post-Retirement Benefits	2,679	2,784	2,972	3,275	3,293	3,344
Long-Term Deferred Tax Liabilities	432	50	250	139	348	345
Other Long-Term Liabilities	606	275	285	247	288	309
Total Liabilities	25,607	27,208	29,848	30,822	29,722	29,068
Common Stock	6,666	6,666	6,666	6,666	6,666	6,666
Additional Paid-In Capital	8,944	8,944	8,943	8,943	8,515	8,761
Retained Earnings	12,346	12,068	10,677	10,404	11,399	10,965
Treasury Stock	-865	-676	-691	-706	-723	-1,530
Comprehensive Income & Other	2,026	1,715	1,844	897	1,004	958
Total Common Equity	29,117	28,717	27,439	26,204	26,861	25,820
Minority Interest	149	659	678	677	1,642	2,225
Shareholders' Equity	29,266	29,376	28,117	26,881	28,503	28,045
Total Liabilities & Equity	54,873	56,584	57,965	57,703	58,225	57,113
Total Debt	11,568	13,578	14,922	15,685	13,509	12,450
Net Cash (Debt)	-5,323	-5,839	-7,708	-7,814	-5,412	-5,983
Net Cash Per Share	-194.13	-212.66	-281.04	-285.22	-208.60	-232.00
Filing Date Shares Outstanding	27.27	27.47	27.44	27.41	27.37	25.8
Total Common Shares Outstanding	27.27	27.47	27.44	27.41	27.37	25.8
Working Capital	14,204	13,960	12,406	12,017	11,060	10,942
Book Value Per Share	1067.81	1045.57	1000.09	956.13	981.26	1000.76
Tangible Book Value	28,902	28,468	27,147	25,816	26,210	25,061
Tangible Book Value Per Share	1059.92	1036.51	989.45	941.98	957.48	971.34
Order Backlog	-	2,665	2,662	2,376	2,079	2,962

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