ROYAL HOLDINGS Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	14,463	19,554	19,349	26,394	25,653	23,113
Cash & Short-Term Investments	14,463	19,554	19,349	26,394	25,653	23,113
Cash Growth	-39.80%	1.06%	-26.69%	2.89%	10.99%	66.47%
Receivables	10,186	10,766	9,690	8,145	7,544	5,605
Inventory	2,897	3,427	2,922	2,989	2,867	2,202
Other Current Assets	2,533	3,227	4,193	2,965	2,886	3,222
Total Current Assets	30,079	36,974	36,154	40,493	38,950	34,142
Property, Plant & Equipment	52,104	52,365	49,955	46,512	46,716	48,205
Long-Term Investments	25,742	25,209	23,955	20,852	20,069	26,802
Goodwill	8,648	8,769	4,931	5,205	5,191	-
Other Intangible Assets	13,342	13,524	11,902	11,956	12,347	511
Long-Term Deferred Tax Assets	2,874	2,920	840	848	295	105
Other Long-Term Assets	3	2	1	3	2	2
Total Assets	132,792	139,763	127,738	125,869	123,570	109,767
Accounts Payable	4,653	5,160	4,623	4,382	4,055	3,600
Accrued Expenses	-	89	85	85	97	-
Short-Term Debt	-	-	-	-	8,532	6,640
Current Portion of Long-Term Debt	7,400	8,525	8,850	7,700	4,905	3,540
Current Portion of Leases	-	2,486	2,762	2,594	2,531	2,437
Current Income Taxes Payable	623	2,701	557	646	628	464
Other Current Liabilities	15,746	13,409	13,222	12,975	9,759	7,339
Total Current Liabilities	28,422	32,370	30,099	28,382	30,507	24,020
Long-Term Debt	16,125	17,975	12,850	14,900	10,875	15,780
Long-Term Leases	23,857	24,477	25,519	26,010	28,582	30,635
Long-Term Deferred Tax Liabilities	2,960	2,898	3,100	3,610	3,900	790
Other Long-Term Liabilities	6,637	6,563	5,697	5,146	4,899	4,543
Total Liabilities	78,001	84,283	77,265	78,048	78,763	75,768
Common Stock	17,830	17,830	17,830	17,830	17,830	13,676
Additional Paid-In Capital	23,693	23,693	23,670	26,767	26,767	28,249
Retained Earnings	10,581	11,392	7,366	2,698	-584	-5,244
Treasury Stock	-1,029	-1,052	-1,084	-1,122	-976	-3,695
Comprehensive Income & Other	3,213	2,861	2,466	1,648	1,255	1,013
Total Common Equity	54,288	54,724	50,248	47,821	44,292	33,999
Minority Interest	503	756	225	-	515	-
Shareholders' Equity	54,791	55,480	50,473	47,821	44,807	33,999
Total Liabilities & Equity	132,792	139,763	127,738	125,869	123,570	109,767
Total Debt	47,382	53,463	49,981	51,204	55,425	59,032
Net Cash (Debt)	-32,919	-33,909	-30,632	-24,810	-29,772	-35,919
Net Cash Per Share	-334.23	-344.32	-311.17	-252.04	-307.69	-428.76
Filing Date Shares Outstanding	98.51	98.5	98.46	98.42	98.49	93.82
Total Common Shares Outstanding	98.51	98.5	98.46	98.42	98.49	86.51
Working Capital	1,657	4,604	6,055	12,111	8,443	10,122
Book Value Per Share	551.07	555.56	510.32	485.90	449.69	392.99
Tangible Book Value	32,298	32,431	33,415	30,660	26,754	33,488
Tangible Book Value Per Share	327.85	329.24	339.36	311.53	271.63	387.08

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