Sotetsu Holdings 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	12,460	16,008	17,664	20,156	22,040	23,675
Cash & Short-Term Investments	31,743	16,008	17,664	20,156	22,040	23,675
Cash Growth	39.84%	-9.38%	-12.36%	-8.55%	-6.91%	-1.95%
Receivables	15,928	31,480	31,280	12,445	12,487	9,437
Inventory	91,914	79,531	38,747	28,600	22,165	25,026
Other Current Assets	14,322	14,664	15,744	12,089	14,629	13,021
Total Current Assets	153,907	141,683	103,435	73,290	71,321	71,159
Property, Plant & Equipment	543,536	537,875	547,882	516,710	500,491	497,416
Long-Term Investments	24,609	62,467	49,823	39,259	32,462	31,660
Goodwill	-	22	90	1,008	1,218	1,428
Other Intangible Assets	7,386	8,013	8,450	8,638	8,426	8,687
Long-Term Deferred Tax Assets	6,124	6,772	3,574	6,703	8,878	9,057
Other Long-Term Assets	40,008	2	2	2	2	2
Total Assets	775,997	757,264	715,383	646,951	623,412	619,410
Accounts Payable	9,115	8,967	8,194	9,307	6,433	7,693
Accrued Expenses	1,032	2,665	2,420	2,336	2,414	2,431
Short-Term Debt	65,208	68,961	57,942	37,893	38,202	35,455
Current Portion of Long-Term Debt	10,000	10,000	20,000	-	10,000	10,000
Current Portion of Leases	1,594	1,521	1,498	1,173	848	800
Current Income Taxes Payable	5,532	6,885	7,061	1,346	1,035	880
Other Current Liabilities	35,688	45,131	42,411	41,531	33,477	35,363
Total Current Liabilities	134,106	144,130	139,526	93,586	92,409	92,622
Long-Term Debt	356,670	336,506	319,932	317,337	304,948	299,241
Long-Term Leases	14,900	15,935	17,498	16,919	12,880	13,385
Pension & Post-Retirement Benefits	16,482	17,131	17,851	18,540	18,959	19,462
Long-Term Deferred Tax Liabilities	23,891	23,891	23,210	23,223	23,223	23,223
Other Long-Term Liabilities	37,358	37,592	32,635	31,557	31,287	32,170
Total Liabilities	583,407	575,185	550,652	501,162	483,706	480,103
Common Stock	38,803	38,803	38,803	38,803	38,803	38,803
Additional Paid-In Capital	26,981	26,981	26,981	26,980	26,980	26,980
Retained Earnings	119,137	105,044	88,509	75,842	71,801	71,502
Treasury Stock	-4,790	-1,923	-359	-353	-348	-344
Comprehensive Income & Other	12,396	13,080	10,717	4,424	2,390	2,293
Total Common Equity	192,527	181,985	164,651	145,696	139,626	139,234
Minority Interest	63	94	80	93	80	73
Shareholders' Equity	192,590	182,079	164,731	145,789	139,706	139,307
Total Liabilities & Equity	775,997	757,264	715,383	646,951	623,412	619,410
Total Debt	448,372	432,923	416,870	373,322	366,878	358,881
Net Cash (Debt)	-416,629	-416,915	-399,206	-353,166	-344,838	-335,206
Net Cash Per Share	-4341.27	-4257.80	-4074.61	-3604.62	-3519.55	-3421.17
Filing Date Shares Outstanding	95.97	95.97	97.97	97.97	97.98	97.98
Total Common Shares Outstanding	95.97	97.28	97.97	97.98	97.98	97.98
Working Capital	19,801	-2,447	-36,091	-20,296	-21,088	-21,463
Book Value Per Share	2006.13	1870.68	1680.58	1487.07	1425.08	1421.05
Tangible Book Value	185,141	173,950	156,111	136,050	129,982	129,119
Tangible Book Value Per Share	1929.17	1788.08	1593.41	1388.61	1326.65	1317.82

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