Heiwado Balance Sheet

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May '26 May 20, 2026	Feb '26 Feb 20, 2026	Feb '25 Feb 20, 2025	Feb '24 Feb 20, 2024	Feb '23 Feb 20, 2023	Feb '22 Feb 20, 2022
Cash & Equivalents	19,954	23,227	26,817	33,051	32,011	34,876
Cash & Short-Term Investments	19,954	23,227	26,817	33,051	32,011	34,876
Cash Growth	-12.41%	-13.39%	-18.86%	3.25%	-8.21%	22.44%
Receivables	13,980	13,417	11,802	10,120	7,288	7,045
Inventory	21,303	20,310	20,083	19,324	18,583	18,373
Other Current Assets	6,528	6,648	5,900	5,918	6,960	5,263
Total Current Assets	61,765	63,602	64,602	68,413	64,842	65,557
Property, Plant & Equipment	211,470	209,039	206,239	200,786	195,300	193,067
Long-Term Investments	6,288	27,914	23,693	24,731	24,027	25,280
Goodwill	456	473	540	607	673	740
Other Intangible Assets	9,398	9,305	9,301	9,439	9,863	8,909
Long-Term Deferred Tax Assets	2,034	2,314	3,013	4,963	4,960	5,162
Other Long-Term Assets	22,633	1	2	2	2	1
Total Assets	314,044	313,095	307,868	309,461	300,422	299,476
Accounts Payable	33,973	45,960	44,656	41,665	40,585	41,830
Accrued Expenses	-	1,660	1,584	1,973	1,462	1,404
Short-Term Debt	11,255	9,280	11,350	17,330	12,445	15,326
Current Portion of Leases	-	-	9	11	27	44
Current Income Taxes Payable	1,645	4,105	3,729	2,997	2,538	4,097
Other Current Liabilities	30,987	23,731	23,204	25,311	24,150	23,459
Total Current Liabilities	87,888	84,736	84,532	89,287	81,207	86,160
Long-Term Debt	9,666	11,961	8,975	10,825	14,980	14,926
Long-Term Leases	-	-	2	11	23	47
Pension & Post-Retirement Benefits	729	711	6,160	8,127	8,573	8,451
Long-Term Deferred Tax Liabilities	117	117	100	59	62	68
Other Long-Term Liabilities	17,573	17,610	16,074	12,886	13,280	12,493
Total Liabilities	115,973	115,135	115,843	121,195	118,125	122,145
Common Stock	11,614	11,614	11,614	11,614	11,614	11,614
Additional Paid-In Capital	19,778	19,778	19,746	19,748	19,748	19,748
Retained Earnings	161,482	161,928	155,815	150,087	145,505	152,252
Treasury Stock	-5,165	-5,165	-2,485	-198	-197	-12,312
Comprehensive Income & Other	8,159	7,637	5,219	5,007	3,710	3,885
Total Common Equity	195,868	195,792	189,909	186,258	180,380	175,187
Minority Interest	2,203	2,168	2,116	2,008	1,917	2,144
Shareholders' Equity	198,071	197,960	192,025	188,266	182,297	177,331
Total Liabilities & Equity	314,044	313,095	307,868	309,461	300,422	299,476
Total Debt	20,921	21,241	20,336	28,177	27,475	30,343
Net Cash (Debt)	-967	1,986	6,481	4,874	4,536	4,533
Net Cash Growth	-	-69.36%	32.97%	7.45%	0.07%	-
Net Cash Per Share	-19.55	39.95	126.32	92.93	86.48	86.43
Filing Date Shares Outstanding	49.45	49.45	50.45	51.68	52.45	52.45
Total Common Shares Outstanding	49.45	49.45	50.45	52.45	52.45	52.45
Working Capital	-26,123	-21,134	-19,930	-20,874	-16,365	-20,603
Book Value Per Share	3960.54	3959.00	3764.46	3551.28	3439.19	3340.16
Tangible Book Value	186,014	186,014	180,068	176,212	169,844	165,538
Tangible Book Value Per Share	3761.29	3761.29	3569.38	3359.74	3238.30	3156.19