Starts Corporation 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	77,400	99,085	94,037	85,225	74,385	72,650
Cash & Short-Term Investments	87,087	99,085	94,037	85,225	74,385	72,650
Cash Growth	-15.52%	5.37%	10.34%	14.57%	2.39%	21.01%
Receivables	19,934	11,484	12,339	11,329	9,546	11,641
Inventory	42,970	31,553	17,552	13,852	20,491	24,231
Prepaid Expenses	-	2,314	2,414	1,909	1,965	1,649
Other Current Assets	11,027	12,999	21,198	15,247	10,774	6,747
Total Current Assets	161,018	157,435	147,540	127,562	117,161	116,918
Property, Plant & Equipment	139,538	137,745	138,172	134,297	128,091	114,903
Long-Term Investments	17,138	30,017	31,160	24,040	22,019	21,512
Goodwill	199	393	652	911	1,016	1,254
Other Intangible Assets	6,017	5,158	4,386	3,260	2,098	1,582
Long-Term Deferred Tax Assets	1,261	2,591	1,887	2,615	2,489	2,408
Other Long-Term Assets	16,101	1	3	2	2	1
Total Assets	341,272	333,647	324,109	293,100	273,287	259,040
Accounts Payable	18,909	20,731	22,198	22,801	16,676	16,815
Accrued Expenses	1,809	4,528	4,792	4,339	3,913	3,845
Short-Term Debt	10,194	7,194	8,379	7,974	5,474	5,134
Current Portion of Long-Term Debt	15,734	16,226	14,256	15,223	19,345	15,409
Current Income Taxes Payable	3,102	6,820	6,157	5,270	4,361	3,500
Current Unearned Revenue	14,614	-	-	-	-	8,132
Other Current Liabilities	30,009	40,015	37,833	36,211	32,029	22,119
Total Current Liabilities	94,371	95,514	93,615	91,818	81,798	74,954
Long-Term Debt	43,463	46,226	50,797	42,452	49,964	49,220
Pension & Post-Retirement Benefits	1,470	1,450	1,389	1,318	1,236	1,159
Long-Term Deferred Tax Liabilities	589	589	573	573	573	573
Other Long-Term Liabilities	11,706	11,631	12,418	11,854	12,041	11,163
Total Liabilities	151,599	155,410	158,792	148,015	145,612	137,069
Common Stock	11,039	11,039	11,039	11,039	11,039	11,039
Additional Paid-In Capital	6,564	6,564	6,545	6,417	6,246	6,232
Retained Earnings	175,284	163,688	144,836	127,700	111,600	98,498
Treasury Stock	-13,082	-13,081	-8,173	-8,173	-8,173	-432
Comprehensive Income & Other	6,132	6,538	7,908	5,536	5,353	5,251
Total Common Equity	185,937	174,748	162,155	142,519	126,065	120,588
Minority Interest	3,736	3,489	3,162	2,566	1,610	1,383
Shareholders' Equity	189,673	178,237	165,317	145,085	127,675	121,971
Total Liabilities & Equity	341,272	333,647	324,109	293,100	273,287	259,040
Total Debt	69,391	69,646	73,432	65,649	74,783	69,763
Net Cash (Debt)	17,696	29,439	20,605	19,576	-398	2,887
Net Cash Growth	-37.68%	42.87%	5.26%	-	-	-
Net Cash Per Share	367.35	596.86	414.83	394.14	-7.90	54.83
Filing Date Shares Outstanding	48.17	48.17	49.67	49.67	49.66	52.66
Total Common Shares Outstanding	48.17	48.17	49.67	49.67	49.66	52.66
Working Capital	66,647	61,921	53,925	35,744	35,363	41,964
Book Value Per Share	3859.85	3627.57	3264.59	2869.48	2538.55	2290.10
Tangible Book Value	179,721	169,197	157,117	138,348	122,951	117,752
Tangible Book Value Per Share	3730.81	3512.34	3163.16	2785.50	2475.85	2236.24
Order Backlog	-	142,599	131,140	125,906	125,059	113,111

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