ROYAL HOLDINGS Balance Sheet

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	21,770	19,349	26,394	25,653	23,113	13,884
Cash & Short-Term Investments	21,770	19,349	26,394	25,653	23,113	13,884
Cash Growth	-3.77%	-26.69%	2.89%	10.99%	66.47%	212.49%
Receivables	9,160	9,690	8,145	7,544	5,605	4,655
Inventory	3,167	2,922	2,989	2,867	2,202	2,047
Other Current Assets	2,617	4,193	2,965	2,886	3,222	4,977
Total Current Assets	36,714	36,154	40,493	38,950	34,142	25,563
Property, Plant & Equipment	51,910	49,955	46,512	46,716	48,205	50,942
Long-Term Investments	24,700	23,955	20,852	20,069	26,802	28,664
Goodwill	10,322	4,931	5,205	5,191	-	-
Other Intangible Assets	11,561	11,902	11,956	12,347	511	671
Long-Term Deferred Tax Assets	758	840	848	295	105	55
Other Long-Term Assets	1	1	3	2	2	1
Total Assets	135,966	127,738	125,869	123,570	109,767	105,896
Accounts Payable	4,380	4,623	4,382	4,055	3,600	2,810
Accrued Expenses	-	85	85	97	-	1
Short-Term Debt	-	-	-	8,532	6,640	24,500
Current Portion of Long-Term Debt	9,650	8,850	7,700	4,905	3,540	2,952
Current Portion of Leases	-	2,762	2,594	2,531	2,437	2,337
Current Income Taxes Payable	1,710	557	646	628	464	291
Other Current Liabilities	14,689	13,222	12,975	9,759	7,339	13,837
Total Current Liabilities	30,429	30,099	28,382	30,507	24,020	46,728
Long-Term Debt	19,825	12,850	14,900	10,875	15,780	2,695
Long-Term Leases	24,377	25,519	26,010	28,582	30,635	29,810
Long-Term Deferred Tax Liabilities	2,876	3,100	3,610	3,900	790	889
Other Long-Term Liabilities	5,631	5,697	5,146	4,899	4,543	4,764
Total Liabilities	83,138	77,265	78,048	78,763	75,768	84,886
Common Stock	17,830	17,830	17,830	17,830	13,676	13,676
Additional Paid-In Capital	23,698	23,670	26,767	26,767	28,249	21,861
Retained Earnings	9,229	7,366	2,698	-584	-5,244	-11,856
Treasury Stock	-1,062	-1,084	-1,122	-976	-3,695	-3,842
Comprehensive Income & Other	2,666	2,466	1,648	1,255	1,013	1,057
Total Common Equity	52,361	50,248	47,821	44,292	33,999	20,896
Minority Interest	467	225	-	515	-	114
Shareholders' Equity	52,828	50,473	47,821	44,807	33,999	21,010
Total Liabilities & Equity	135,966	127,738	125,869	123,570	109,767	105,896
Total Debt	53,852	49,981	51,204	55,425	59,032	62,294
Net Cash (Debt)	-32,082	-30,632	-24,810	-29,772	-35,919	-48,410
Net Cash Per Share	-325.77	-311.17	-252.04	-307.69	-428.76	-648.32
Filing Date Shares Outstanding	98.49	98.46	98.42	98.49	93.82	74.68
Total Common Shares Outstanding	98.49	98.46	98.42	98.49	86.51	74.68
Working Capital	6,285	6,055	12,111	8,443	10,122	-21,165
Book Value Per Share	531.65	510.32	485.90	449.69	392.99	279.80
Tangible Book Value	30,478	33,415	30,660	26,754	33,488	20,225
Tangible Book Value Per Share	309.46	339.36	311.53	271.63	387.08	270.81

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