Shinki Bus 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	5,621	5,929	5,966	9,973	10,988	5,940
Short-Term Investments	198	-	-	20	120	40
Cash & Short-Term Investments	5,819	5,929	5,966	9,993	11,108	5,980
Cash Growth	3.25%	-0.62%	-40.30%	-10.04%	85.75%	-19.45%
Receivables	3,982	6,354	5,655	5,126	4,181	4,965
Inventory	2,332	1,505	1,548	1,397	1,526	1,382
Other Current Assets	513	576	277	273	446	832
Total Current Assets	12,646	14,364	13,446	16,789	17,261	13,159
Property, Plant & Equipment	47,222	43,655	41,144	36,218	34,309	36,702
Long-Term Investments	10,170	8,246	7,705	6,827	6,658	6,568
Other Intangible Assets	394	275	288	323	366	380
Long-Term Deferred Tax Assets	-	532	486	469	347	332
Other Long-Term Assets	3	1	1	1	3	1
Total Assets	70,435	67,073	63,070	60,627	58,944	57,142
Accounts Payable	1,584	1,388	1,420	1,273	1,207	1,207
Accrued Expenses	1,029	1,230	1,149	1,098	941	950
Current Portion of Long-Term Debt	767	1,653	571	897	1,012	626
Current Portion of Leases	137	169	123	109	200	323
Current Income Taxes Payable	4,826	4,717	4,196	3,994	3,463	2,968
Other Current Liabilities	2,601	2,763	2,260	2,116	2,079	2,100
Total Current Liabilities	10,944	11,920	9,719	9,487	8,902	8,174
Long-Term Debt	3,298	1,280	1,333	1,881	2,778	3,791
Long-Term Leases	356	456	305	123	213	410
Pension & Post-Retirement Benefits	962	931	943	1,006	987	1,016
Long-Term Deferred Tax Liabilities	-	1,422	1,447	1,299	1,230	539
Other Long-Term Liabilities	3,452	1,601	1,932	1,924	1,836	2,142
Total Liabilities	19,012	17,610	15,679	15,720	15,946	16,072
Common Stock	3,140	3,140	3,140	3,140	3,140	3,140
Additional Paid-In Capital	2,254	2,251	2,248	2,247	2,235	2,235
Retained Earnings	43,677	42,600	40,445	38,404	36,823	34,874
Treasury Stock	-403	-423	-440	-453	-451	-450
Comprehensive Income & Other	2,755	1,895	1,998	1,569	1,233	1,246
Total Common Equity	51,423	49,463	47,391	44,907	42,980	41,045
Minority Interest	-	-	-	-	18	25
Shareholders' Equity	51,423	49,463	47,391	44,907	42,998	41,070
Total Liabilities & Equity	70,435	67,073	63,070	60,627	58,944	57,142
Total Debt	4,558	3,558	2,332	3,010	4,203	5,150
Net Cash (Debt)	1,261	2,371	3,634	6,983	6,905	830
Net Cash Growth	-64.97%	-34.76%	-47.96%	1.13%	731.93%	-86.59%
Net Cash Per Share	104.50	196.63	301.63	579.89	573.41	68.93
Filing Date Shares Outstanding	12.08	12.06	12.05	12.04	12.04	12.04
Total Common Shares Outstanding	12.08	12.06	12.05	12.04	12.04	12.04
Working Capital	1,702	2,444	3,727	7,302	8,359	4,985
Book Value Per Share	4258.07	4100.67	3932.69	3729.20	3568.86	3408.05
Tangible Book Value	51,029	49,188	47,103	44,584	42,614	40,665
Tangible Book Value Per Share	4225.44	4077.87	3908.79	3702.38	3538.46	3376.50

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