NEC Capital Solutions 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	36,960	110,298	53,844	35,482	37,711	39,032
Short-Term Investments	31,507	546	-	-	-	-
Cash & Short-Term Investments	68,467	110,844	53,844	35,482	37,711	39,032
Cash Growth	3.96%	105.86%	51.75%	-5.91%	-3.38%	-32.11%
Accounts Receivable	579,661	818,819	806,782	835,873	821,919	842,981
Other Receivables	36,057	273	253	753	370	176
Receivables	843,538	819,092	807,035	836,626	822,289	843,157
Inventory	73,379	55,216	37,254	23,827	25,222	23,230
Prepaid Expenses	-	2,279	3,276	2,659	2,576	1,951
Other Current Assets	14,749	14,872	28,178	9,698	11,185	16,991
Total Current Assets	1,000,133	1,002,303	929,587	908,292	898,983	924,361
Property, Plant & Equipment	11,529	110,542	92,953	63,381	61,216	66,699
Long-Term Investments	92,592	93,368	76,749	65,982	53,069	51,667
Goodwill	1,194	1,304	1,521	1,559	1,625	1,726
Other Intangible Assets	11,391	11,662	9,628	7,614	4,243	3,287
Long-Term Deferred Tax Assets	-	5,617	6,923	9,045	11,480	9,912
Other Long-Term Assets	121,808	1	2	2	1	1
Total Assets	1,238,647	1,224,797	1,117,363	1,055,875	1,030,617	1,057,653
Accounts Payable	18,532	13,279	12,088	15,794	12,976	21,571
Accrued Expenses	1,782	8,677	8,267	7,718	6,782	6,288
Short-Term Debt	286,718	354,940	312,849	271,376	242,965	294,154
Current Portion of Long-Term Debt	166,320	171,367	125,145	169,486	201,662	121,896
Current Income Taxes Payable	3,354	3,458	2,328	1,691	1,505	5,363
Current Unearned Revenue	-	356	278	169	203	197
Other Current Liabilities	37,069	19,674	25,146	30,160	31,832	18,723
Total Current Liabilities	513,775	571,751	486,101	496,394	497,925	468,192
Long-Term Debt	563,194	498,007	480,947	418,485	397,800	464,293
Pension & Post-Retirement Benefits	1,867	1,885	1,914	2,034	2,076	2,049
Other Long-Term Liabilities	11,967	10,771	11,612	10,148	11,077	9,235
Total Liabilities	1,090,803	1,082,414	980,574	927,061	908,878	943,769
Common Stock	3,794	3,794	3,783	3,776	3,776	3,776
Additional Paid-In Capital	4,680	4,665	4,655	4,646	4,645	4,645
Retained Earnings	108,251	104,788	101,192	97,131	92,414	86,811
Treasury Stock	-10	-10	-9	-9	-9	-
Comprehensive Income & Other	8,557	7,764	6,121	3,945	2,387	337
Total Common Equity	125,272	121,001	115,742	109,489	103,213	95,569
Minority Interest	22,572	21,382	21,047	19,325	18,526	18,315
Shareholders' Equity	147,844	142,383	136,789	128,814	121,739	113,884
Total Liabilities & Equity	1,238,647	1,224,797	1,117,363	1,055,875	1,030,617	1,057,653
Total Debt	1,016,232	1,024,314	918,941	859,347	842,427	880,343
Net Cash (Debt)	-947,765	-913,470	-865,097	-823,865	-804,716	-841,311
Net Cash Per Share	-43995.34	-42412.02	-40175.41	-38269.46	-37383.44	-39072.59
Filing Date Shares Outstanding	21.54	21.54	21.53	21.53	21.53	21.53
Total Common Shares Outstanding	21.54	21.54	21.53	21.53	21.53	21.53
Working Capital	486,358	430,552	443,486	411,898	401,058	456,169
Book Value Per Share	5814.48	5617.52	5374.71	5085.63	4794.08	4438.29
Tangible Book Value	112,687	108,035	104,593	100,316	97,345	90,556
Tangible Book Value Per Share	5230.35	5015.57	4856.98	4659.56	4521.52	4205.48

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