Meiji Shipping Group Co., Ltd. (TYO:9115)

Meiji Shipping Group Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	48,220	38,313	27,572	23,662	21,117
Cash & Short-Term Investments	48,220	38,313	27,572	23,662	21,117
Cash Growth	25.86%	38.96%	16.52%	12.05%	7.78%
Receivables	772	731	706	467	476
Inventory	1,179	1,188	1,158	924	717
Other Current Assets	6,123	5,680	4,626	3,103	3,645
Total Current Assets	56,294	45,912	34,062	28,156	25,955
Property, Plant & Equipment	201,373	207,355	219,768	196,388	168,683
Long-Term Investments	32,722	20,863	18,751	10,689	8,426
Other Intangible Assets	117	92	84	107	71
Long-Term Deferred Tax Assets	377	616	991	1,169	921
Other Long-Term Assets	1	2	1	2	1
Total Assets	293,278	276,457	274,947	237,569	205,099
Accounts Payable	4,123	3,344	2,708	2,159	2,027
Accrued Expenses	72	81	67	46	46
Short-Term Debt	40,112	30,821	34,762	28,705	30,316
Current Portion of Long-Term Debt	45	133	240	482	758
Current Portion of Leases	-	-	-	2	2
Current Income Taxes Payable	2,956	1,780	1,236	1,253	1,190
Other Current Liabilities	9,715	7,484	8,716	4,846	4,045
Total Current Liabilities	57,023	43,643	47,729	37,493	38,384
Long-Term Debt	125,545	136,424	146,184	144,538	122,213
Long-Term Leases	-	-	-	-	2
Long-Term Deferred Tax Liabilities	3,618	3,232	4,033	2,044	1,212
Other Long-Term Liabilities	15,362	11,234	7,997	5,535	3,963
Total Liabilities	202,065	195,045	206,515	190,188	166,360
Common Stock	1,800	1,800	1,800	1,800	1,800
Additional Paid-In Capital	776	733	733	525	525
Retained Earnings	32,145	29,513	24,472	18,275	15,226
Treasury Stock	-507	-559	-420	-581	-580
Comprehensive Income & Other	13,541	11,286	8,746	3,953	2,101
Total Common Equity	47,755	42,773	35,331	23,972	19,072
Minority Interest	43,458	38,639	33,101	23,409	19,667
Shareholders' Equity	91,213	81,412	68,432	47,381	38,739
Total Liabilities & Equity	293,278	276,457	274,947	237,569	205,099
Total Debt	165,702	167,378	181,186	173,727	153,291
Net Cash (Debt)	-117,482	-129,065	-153,614	-150,065	-132,174
Net Cash Per Share	-3472.16	-3818.60	-4536.74	-4478.48	-4023.93
Filing Date Shares Outstanding	33.93	33.76	34.01	33.51	33.51
Total Common Shares Outstanding	33.93	33.76	34.01	33.51	33.51
Working Capital	-729	2,269	-13,667	-9,337	-12,429
Book Value Per Share	1407.33	1266.94	1038.91	715.42	569.17
Tangible Book Value	47,638	42,681	35,247	23,865	19,001
Tangible Book Value Per Share	1403.88	1264.22	1036.44	712.22	567.05

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