Tohbu Network 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 2010	FY 2009
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '10 Mar 31, 2010	Mar '09 Mar 31, 2009
Cash & Equivalents	4,422	4,468	4,587	3,793	3,035	3,095
Short-Term Investments	-	-	-	-	410	300
Cash & Short-Term Investments	4,422	4,468	4,587	3,793	3,445	3,395
Cash Growth	2.60%	-2.59%	20.93%	10.11%	1.48%	3.42%
Receivables	1,408	1,325	1,417	1,467	975.34	1,060
Inventory	21	28	27	25	25.78	18.72
Prepaid Expenses	-	105	94	109	56.03	55.69
Other Current Assets	158	33	24	27	22.06	12.58
Total Current Assets	6,009	5,959	6,149	5,421	4,576	4,593
Property, Plant & Equipment	13,780	13,950	14,287	14,672	11,036	10,616
Long-Term Investments	4,935	4,031	3,738	3,087	949.33	876.2
Goodwill	479	560	282	235	-	-
Other Intangible Assets	121	54	42	42	168.97	176.24
Long-Term Deferred Tax Assets	106	120	-	-	-	-
Other Long-Term Assets	3	2	2	2	437.13	533.16
Total Assets	25,433	24,676	24,500	23,459	17,168	16,795
Accounts Payable	795	712	881	821	584.55	679.95
Accrued Expenses	244	297	304	306	282.75	292.96
Short-Term Debt	50	-	10	-	-	-
Current Portion of Long-Term Debt	23	28	34	108	-	-
Current Portion of Leases	68	72	73	62	-	-
Current Income Taxes Payable	90	198	191	264	178.76	163.67
Current Unearned Revenue	-	-	-	-	3.78	6.56
Other Current Liabilities	273	249	184	211	98.24	94.86
Total Current Liabilities	1,543	1,556	1,677	1,772	1,148	1,238
Long-Term Debt	256	273	268	152	317.93	263.66
Long-Term Leases	330	371	428	453	-	-
Pension & Post-Retirement Benefits	225	240	28	35	81.83	97.3
Long-Term Deferred Tax Liabilities	1,660	1,403	1,340	1,171	1,472	1,414
Other Long-Term Liabilities	513	530	495	512	862.75	813.44
Total Liabilities	4,527	4,373	4,236	4,095	3,882	3,827
Common Stock	553	553	553	553	553.03	553.03
Additional Paid-In Capital	674	608	608	536	527.72	527.72
Retained Earnings	18,528	18,351	18,361	18,445	12,662	12,429
Treasury Stock	-185	-105	-36	-377	-194.89	-194.89
Comprehensive Income & Other	1,336	799	696	129	-261.97	-347.05
Total Common Equity	20,906	20,206	20,182	19,286	13,285	12,968
Minority Interest	-	97	82	78	-	-
Shareholders' Equity	20,906	20,303	20,264	19,364	13,285	12,968
Total Liabilities & Equity	25,433	24,676	24,500	23,459	17,168	16,795
Total Debt	727	744	813	775	317.93	263.66
Net Cash (Debt)	3,695	3,724	3,774	3,018	3,127	3,131
Net Cash Growth	4.38%	-1.32%	25.05%	-3.48%	-0.13%	2.55%
Net Cash Per Share	657.34	657.94	696.51	565.84	569.97	570.72
Filing Date Shares Outstanding	5.57	5.63	5.71	5.27	5.49	5.49
Total Common Shares Outstanding	5.57	5.63	5.71	5.27	5.49	5.49
Working Capital	4,466	4,403	4,472	3,649	3,428	3,355
Book Value Per Share	3756.07	3586.30	3534.12	3659.16	2421.75	2363.84
Tangible Book Value	20,306	19,592	19,858	19,009	13,116	12,792
Tangible Book Value Per Share	3648.27	3477.33	3477.39	3606.60	2390.95	2331.72
Land	-	-	-	-	7,314	7,032
Buildings	-	-	-	-	6,537	5,667
Machinery	-	-	-	-	4,180	4,324
Construction In Progress	-	-	-	-	34.92	461.44

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.