Nishi-Nippon Railroad Balance Sheet

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	46,867	51,318	69,624	72,796	70,828
Cash & Short-Term Investments	46,867	51,318	69,624	72,796	70,828
Cash Growth	-8.67%	-26.29%	-4.36%	2.78%	37.84%
Accounts Receivable	65,987	63,090	48,886	59,278	58,862
Other Receivables	-	-	-	3,975	-
Receivables	65,987	63,090	48,886	63,253	58,862
Inventory	97,307	85,507	73,538	70,282	65,096
Other Current Assets	10,023	17,768	16,730	13,411	16,636
Total Current Assets	220,184	217,683	208,778	219,742	211,422
Property, Plant & Equipment	467,636	457,627	416,088	373,207	437,890
Long-Term Investments	120,042	100,132	96,005	80,841	69,454
Goodwill	3,986	298	305	321	429
Other Intangible Assets	6,221	4,279	3,663	3,523	3,597
Long-Term Deferred Tax Assets	2,781	2,105	2,162	8,159	11,706
Other Long-Term Assets	1	2	1	2	2
Total Assets	820,851	782,126	727,002	685,795	734,500
Accounts Payable	44,677	55,460	65,018	43,561	39,119
Accrued Expenses	8,217	7,776	7,281	6,539	4,752
Short-Term Debt	44,773	48,064	47,161	49,163	48,898
Current Portion of Long-Term Debt	20,000	8,000	10,000	7,000	-
Current Income Taxes Payable	9,876	6,802	10,827	3,982	2,974
Other Current Liabilities	35,920	31,003	30,546	34,181	102,651
Total Current Liabilities	163,463	157,105	170,833	144,426	198,394
Long-Term Debt	298,213	310,096	259,677	278,711	298,895
Pension & Post-Retirement Benefits	10,744	12,894	17,010	22,109	23,046
Long-Term Deferred Tax Liabilities	11,573	4,268	3,993	109	1,572
Other Long-Term Liabilities	43,815	41,725	39,652	38,560	33,511
Total Liabilities	527,808	526,088	491,165	483,915	555,418
Common Stock	26,157	26,157	26,157	26,157	26,157
Additional Paid-In Capital	12,129	12,137	12,137	12,608	12,608
Retained Earnings	211,091	182,591	164,941	143,194	127,430
Treasury Stock	-8,436	-4,471	-1,576	-1,166	-1,278
Comprehensive Income & Other	43,144	32,850	27,636	14,324	8,080
Total Common Equity	284,085	249,264	229,295	195,117	172,997
Minority Interest	8,958	6,774	6,542	6,763	6,085
Shareholders' Equity	293,043	256,038	235,837	201,880	179,082
Total Liabilities & Equity	820,851	782,126	727,002	685,795	734,500
Total Debt	362,986	366,160	316,838	334,874	347,793
Net Cash (Debt)	-316,119	-314,842	-247,214	-262,078	-276,965
Net Cash Per Share	-4155.41	-4036.18	-3133.85	-3317.86	-3503.89
Filing Date Shares Outstanding	75.52	75.64	78.69	78.83	78.77
Total Common Shares Outstanding	75.52	77.47	78.69	78.83	78.77
Working Capital	56,721	60,578	37,945	75,316	13,028
Book Value Per Share	3761.70	3217.35	2914.08	2475.17	2196.19
Tangible Book Value	273,878	244,687	225,327	191,273	168,971
Tangible Book Value Per Share	3626.54	3158.27	2863.65	2426.41	2145.08