Meiwa 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	10,652	8,382	9,597	8,418	5,255	9,442
Cash & Short-Term Investments	10,652	8,382	9,597	8,418	5,255	9,442
Cash Growth	19.87%	-12.66%	14.01%	60.19%	-44.34%	35.17%
Accounts Receivable	37,738	41,256	48,659	45,458	44,766	35,511
Receivables	47,904	41,256	48,659	45,594	44,892	35,511
Inventory	6,914	7,019	8,070	8,721	7,814	6,877
Other Current Assets	822	761	818	733	1,264	802
Total Current Assets	66,292	57,418	67,144	63,466	59,225	52,632
Property, Plant & Equipment	2,096	1,329	1,366	1,079	1,168	1,312
Long-Term Investments	15,373	15,730	16,656	15,846	15,723	15,752
Other Intangible Assets	159	77	110	141	208	273
Long-Term Deferred Tax Assets	-	75	73	182	88	72
Other Long-Term Assets	1,484	1	1	1	1	2
Total Assets	87,215	74,634	85,355	80,725	76,415	70,047
Accounts Payable	28,394	28,471	35,742	30,417	28,197	25,494
Accrued Expenses	655	1,001	826	703	681	592
Short-Term Debt	2,446	991	4,296	7,258	5,787	3,680
Current Portion of Long-Term Debt	520	20	20	590	-	50
Current Portion of Leases	-	56	2	12	49	1
Current Income Taxes Payable	191	795	465	880	485	215
Other Current Liabilities	8,029	950	718	719	651	885
Total Current Liabilities	40,235	32,284	42,069	40,579	35,850	30,917
Long-Term Debt	2,571	521	541	87	590	540
Long-Term Leases	-	12	128	-	11	94
Pension & Post-Retirement Benefits	172	84	559	847	901	998
Long-Term Deferred Tax Liabilities	-	1,618	2,046	2,096	1,910	1,617
Other Long-Term Liabilities	3,119	1,208	1,231	1,195	1,187	1,178
Total Liabilities	46,097	35,727	46,574	44,804	40,449	35,344
Common Stock	4,024	4,024	4,024	4,024	4,024	4,024
Additional Paid-In Capital	2,793	2,793	2,761	2,761	2,761	2,761
Retained Earnings	25,725	25,083	24,118	22,370	23,655	23,837
Treasury Stock	-78	-83	-146	-4	-4	-4
Comprehensive Income & Other	7,968	6,651	7,548	6,323	5,243	3,813
Total Common Equity	40,432	38,468	38,305	35,474	35,679	34,431
Minority Interest	686	439	476	447	287	272
Shareholders' Equity	41,118	38,907	38,781	35,921	35,966	34,703
Total Liabilities & Equity	87,215	74,634	85,355	80,725	76,415	70,047
Total Debt	5,537	1,600	4,987	7,947	6,437	4,365
Net Cash (Debt)	5,115	6,782	4,610	471	-1,182	5,077
Net Cash Growth	-26.90%	47.12%	878.77%	-	-	162.65%
Net Cash Per Share	127.22	167.27	110.62	11.28	-28.30	121.57
Filing Date Shares Outstanding	40.2	40.2	41.05	41.76	41.76	41.76
Total Common Shares Outstanding	40.2	40.2	41.55	41.76	41.76	41.76
Working Capital	26,057	25,134	25,075	22,887	23,375	21,715
Book Value Per Share	1005.70	957.03	921.95	849.41	854.32	824.43
Tangible Book Value	38,462	38,391	38,195	35,333	35,471	34,158
Tangible Book Value Per Share	956.70	955.11	919.31	846.04	849.34	817.90
Order Backlog	-	5,042	5,456	5,408	5,295	5,126

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