Meiwa Estate Company 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	31,169	22,472	34,902	34,147	27,699	22,651
Cash & Short-Term Investments	31,169	22,472	34,902	34,147	27,699	22,651
Cash Growth	80.14%	-35.61%	2.21%	23.28%	22.29%	-4.04%
Accounts Receivable	599	650	588	596	831	942
Other Receivables	6	32	-	3	1	-
Receivables	605	682	588	599	832	942
Inventory	99,870	114,833	78,690	68,386	56,661	42,053
Other Current Assets	1,138	2,125	891	1,110	646	602
Total Current Assets	132,782	140,112	115,071	104,242	85,838	66,248
Property, Plant & Equipment	7,138	9,847	6,724	7,544	7,662	7,692
Long-Term Investments	1,631	1,599	1,551	3,392	1,377	1,324
Goodwill	-	2	7	12	17	-
Other Intangible Assets	206	230	232	239	51	62
Long-Term Deferred Tax Assets	325	307	564	1,107	761	724
Other Long-Term Assets	1	-	2	2	2	1
Total Assets	142,083	152,097	124,151	116,538	95,708	76,051
Accounts Payable	11,411	19,278	20,807	20,034	13,281	11,093
Accrued Expenses	649	924	915	798	835	514
Short-Term Debt	16,638	15,825	10,730	8,887	8,690	6,152
Current Portion of Long-Term Debt	12,556	21,491	10,001	7,649	8,189	8,472
Current Income Taxes Payable	2,277	215	215	524	327	544
Other Current Liabilities	9,011	9,779	10,197	6,333	5,203	4,774
Total Current Liabilities	52,542	67,512	52,865	44,225	36,525	31,549
Long-Term Debt	50,925	49,495	38,294	41,321	31,768	17,961
Pension & Post-Retirement Benefits	494	471	472	454	421	379
Other Long-Term Liabilities	488	641	547	540	425	344
Total Liabilities	104,449	118,119	92,178	86,540	69,139	50,233
Common Stock	3,537	3,537	3,537	3,537	3,537	3,537
Additional Paid-In Capital	5,395	5,395	5,395	5,395	5,395	5,395
Retained Earnings	28,694	25,011	23,051	21,245	18,616	16,889
Treasury Stock	-	-	-	-	-965	-
Comprehensive Income & Other	8	35	-10	-179	-14	-3
Shareholders' Equity	37,634	33,978	31,973	29,998	26,569	25,818
Total Liabilities & Equity	142,083	152,097	124,151	116,538	95,708	76,051
Total Debt	80,119	86,811	59,025	57,857	48,647	32,585
Net Cash (Debt)	-48,950	-64,339	-24,123	-23,710	-20,948	-9,934
Net Cash Per Share	-2087.63	-2743.94	-1028.80	-1011.19	-887.40	-399.06
Filing Date Shares Outstanding	23.45	23.45	23.45	23.45	23.45	24.89
Total Common Shares Outstanding	23.45	23.45	23.45	23.45	23.45	24.89
Working Capital	80,240	72,600	62,206	60,017	49,313	34,699
Book Value Per Share	1604.93	1449.10	1363.59	1279.36	1133.12	1037.13
Tangible Book Value	37,428	33,746	31,734	29,747	26,501	25,756
Tangible Book Value Per Share	1596.14	1439.20	1353.40	1268.65	1130.22	1034.64
Order Backlog	-	69,432	63,540	62,161	52,884	42,961

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