Niigata Kotsu 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	Sep '25 Sep 30, 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	2,788	2,661	2,705	2,493	2,520	2,442
Cash & Short-Term Investments	2,788	2,661	2,705	2,493	2,520	2,442
Cash Growth	6.21%	-1.63%	8.50%	-1.07%	3.19%	38.59%
Receivables	1,458	1,498	1,367	1,221	913	826
Inventory	341	351	325	309	321	326
Other Current Assets	400	398	459	421	664	869
Total Current Assets	4,987	4,908	4,856	4,444	4,418	4,463
Property, Plant & Equipment	49,654	49,842	50,033	50,501	50,706	51,292
Long-Term Investments	1,382	711	710	693	639	773
Goodwill	-	3	5	6	-	-
Other Intangible Assets	261	265	297	342	323	322
Long-Term Deferred Tax Assets	-	688	765	799	602	600
Other Long-Term Assets	2	1	2	1	2	2
Total Assets	56,286	56,418	56,669	56,789	56,694	57,456
Accounts Payable	877	912	923	907	597	575
Accrued Expenses	382	407	366	152	108	103
Short-Term Debt	8,133	4,740	4,785	4,926	5,381	5,362
Current Portion of Long-Term Debt	3,500	10,119	6,871	1,341	11,075	8,125
Current Portion of Leases	-	170	208	310	447	582
Current Income Taxes Payable	331	1,013	1,228	997	882	517
Current Unearned Revenue	-	109	107	19	23	470
Other Current Liabilities	2,575	1,642	1,663	1,668	1,654	1,126
Total Current Liabilities	15,798	19,112	16,151	10,320	20,167	16,860
Long-Term Debt	13,802	11,281	15,626	22,551	13,199	16,479
Long-Term Leases	-	367	272	349	559	982
Pension & Post-Retirement Benefits	584	598	617	673	618	574
Long-Term Deferred Tax Liabilities	4,119	4,119	4,006	4,013	4,013	4,013
Other Long-Term Liabilities	2,353	1,911	1,908	1,899	1,869	1,914
Total Liabilities	36,656	37,388	38,580	39,805	40,425	40,822
Common Stock	4,220	4,220	4,220	4,220	4,220	4,220
Additional Paid-In Capital	2,946	2,946	2,946	2,946	2,946	2,946
Retained Earnings	4,423	3,826	2,768	1,686	788	1,220
Treasury Stock	-40	-40	-39	-38	-38	-37
Comprehensive Income & Other	8,081	8,078	8,194	8,170	8,353	8,285
Shareholders' Equity	19,630	19,030	18,089	16,984	16,269	16,634
Total Liabilities & Equity	56,286	56,418	56,669	56,789	56,694	57,456
Total Debt	25,435	26,677	27,762	29,477	30,661	31,530
Net Cash (Debt)	-22,647	-24,016	-25,057	-26,984	-28,141	-29,088
Net Cash Per Share	-5896.12	-6252.54	-6523.56	-7025.25	-7326.48	-7571.06
Filing Date Shares Outstanding	3.84	3.84	3.84	3.84	3.84	3.84
Total Common Shares Outstanding	3.84	3.84	3.84	3.84	3.84	3.84
Working Capital	-10,811	-14,204	-11,295	-5,876	-15,749	-12,397
Book Value Per Share	5110.61	4954.39	4708.80	4421.05	4234.69	4329.33
Tangible Book Value	19,369	18,762	17,787	16,636	15,946	16,312
Tangible Book Value Per Share	5042.66	4884.61	4630.19	4330.46	4150.62	4245.52

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