Valqua Balance Sheet

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	7,915	7,969	6,386	8,191	8,144
Cash & Short-Term Investments	7,915	7,969	6,386	8,191	8,144
Cash Growth	-0.68%	24.79%	-22.04%	0.58%	0.56%
Accounts Receivable	16,318	16,329	18,228	19,167	17,028
Other Receivables	861	2,000	1,890	2,002	1,539
Receivables	17,179	18,329	20,118	21,169	18,567
Inventory	20,873	19,128	16,220	10,890	7,066
Other Current Assets	2,003	1,004	1,077	980	1,158
Total Current Assets	47,970	46,430	43,801	41,230	34,935
Property, Plant & Equipment	23,579	22,624	19,772	17,963	17,545
Long-Term Investments	7,770	6,687	8,649	7,609	5,911
Goodwill	783	-	-	-	-
Other Intangible Assets	3,089	1,876	1,930	1,377	1,516
Long-Term Deferred Tax Assets	213	204	334	326	291
Other Long-Term Assets	1	2	1	2	2
Total Assets	83,405	77,823	74,487	68,507	60,200
Accounts Payable	5,774	6,710	7,362	8,030	6,648
Accrued Expenses	775	785	823	777	578
Short-Term Debt	3,646	4,952	2,812	1,807	1,463
Current Portion of Long-Term Debt	1,135	2,000	1,285	401	77
Current Portion of Leases	165	212	187	164	188
Current Income Taxes Payable	901	1,206	888	1,532	1,094
Other Current Liabilities	3,428	2,704	3,203	3,880	3,288
Total Current Liabilities	15,824	18,569	16,560	16,591	13,336
Long-Term Debt	11,483	6,662	5,994	3,619	3,632
Long-Term Leases	557	679	728	725	306
Pension & Post-Retirement Benefits	249	373	480	432	472
Long-Term Deferred Tax Liabilities	1,380	659	1,685	1,157	1,184
Other Long-Term Liabilities	395	361	310	308	292
Total Liabilities	29,888	27,303	25,757	22,832	19,222
Common Stock	13,957	13,957	13,957	13,957	13,957
Additional Paid-In Capital	4,792	4,756	4,631	4,566	4,061
Retained Earnings	31,932	29,446	27,409	25,399	21,043
Treasury Stock	-1,861	-1,904	-1,950	-1,996	-1,517
Comprehensive Income & Other	4,659	4,231	4,168	3,267	2,184
Total Common Equity	53,479	50,486	48,215	45,193	39,728
Minority Interest	38	34	515	482	1,250
Shareholders' Equity	53,517	50,520	48,730	45,675	40,978
Total Liabilities & Equity	83,405	77,823	74,487	68,507	60,200
Total Debt	16,986	14,505	11,006	6,716	5,666
Net Cash (Debt)	-9,071	-6,536	-4,620	1,475	2,478
Net Cash Growth	-	-	-	-40.48%	-27.46%
Net Cash Per Share	-515.01	-371.49	-262.99	83.43	140.22
Filing Date Shares Outstanding	17.62	17.6	17.58	17.56	17.68
Total Common Shares Outstanding	17.62	17.6	17.59	17.55	17.68
Working Capital	32,146	27,861	27,241	24,639	21,599
Book Value Per Share	3035.06	2869.18	2741.82	2574.94	2246.80
Tangible Book Value	49,607	48,610	46,285	43,816	38,212
Tangible Book Value Per Share	2815.32	2762.57	2632.07	2496.49	2161.07
Order Backlog	-	11,031	10,790	13,930	12,360