KUWAZAWA Holdings 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	7,370	7,512	5,865	8,604	8,100	9,145
Cash & Short-Term Investments	7,370	7,512	5,865	8,604	8,100	9,145
Cash Growth	-0.95%	28.08%	-31.83%	6.22%	-11.43%	19.59%
Receivables	27,420	20,419	21,675	18,131	17,982	19,607
Inventory	2,655	2,350	2,444	2,192	2,007	3,623
Other Current Assets	703	1,907	1,716	1,891	1,389	410
Total Current Assets	38,148	32,188	31,700	30,818	29,478	32,785
Property, Plant & Equipment	5,985	6,084	6,318	6,467	6,748	7,069
Long-Term Investments	3,544	2,503	3,014	2,477	2,458	2,600
Goodwill	-	-	-	-	-	34
Other Intangible Assets	74	55	499	148	119	173
Long-Term Deferred Tax Assets	-	404	201	209	187	218
Other Long-Term Assets	1	2	1	1	1	-
Total Assets	47,752	41,243	41,748	40,138	39,018	42,975
Accounts Payable	25,369	19,971	20,330	19,034	18,071	19,003
Accrued Expenses	98	242	229	227	230	234
Short-Term Debt	130	80	30	30	30	1,180
Current Portion of Long-Term Debt	1,440	290	470	1,773	490	490
Current Portion of Leases	-	1	23	71	80	99
Current Income Taxes Payable	172	273	472	284	133	361
Other Current Liabilities	2,040	1,431	1,418	1,298	1,145	2,546
Total Current Liabilities	29,249	22,288	22,972	22,717	20,179	23,913
Long-Term Debt	326	1,694	1,984	1,305	3,078	3,569
Long-Term Leases	-	-	2	25	97	172
Pension & Post-Retirement Benefits	104	93	91	93	91	91
Long-Term Deferred Tax Liabilities	-	198	365	430	420	476
Other Long-Term Liabilities	1,144	883	847	865	875	870
Total Liabilities	30,823	25,156	26,261	25,435	24,740	29,091
Common Stock	417	417	417	417	417	417
Additional Paid-In Capital	333	331	328	326	326	326
Retained Earnings	16,060	15,350	14,691	14,130	13,679	13,156
Treasury Stock	-498	-500	-444	-446	-446	-446
Comprehensive Income & Other	508	378	386	169	172	297
Total Common Equity	16,820	15,976	15,378	14,596	14,148	13,750
Minority Interest	109	111	109	107	130	134
Shareholders' Equity	16,929	16,087	15,487	14,703	14,278	13,884
Total Liabilities & Equity	47,752	41,243	41,748	40,138	39,018	42,975
Total Debt	1,896	2,065	2,509	3,204	3,775	5,510
Net Cash (Debt)	5,474	5,447	3,356	5,400	4,325	3,635
Net Cash Growth	10.36%	62.31%	-37.85%	24.86%	18.98%	104.90%
Net Cash Per Share	365.42	362.19	223.23	359.31	287.78	241.87
Filing Date Shares Outstanding	14.98	14.97	15.04	15.03	15.03	15.03
Total Common Shares Outstanding	14.98	14.97	15.04	15.03	15.03	15.03
Working Capital	8,899	9,900	8,728	8,101	9,299	8,872
Book Value Per Share	1122.89	1067.18	1022.64	971.18	941.37	914.88
Tangible Book Value	16,746	15,921	14,879	14,448	14,029	13,543
Tangible Book Value Per Share	1117.95	1063.51	989.46	961.33	933.45	901.11
Order Backlog	-	7,836	9,242	7,843	8,531	7,917

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