Microwave Chemical Co., Ltd. (TYO:9227)

Microwave Chemical Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	350	507	529	1,246	220	382
Cash & Short-Term Investments	350	507	529	1,246	220	382
Cash Growth	-30.14%	-4.16%	-57.54%	466.36%	-42.41%	-52.96%
Accounts Receivable	132	598	-406	336	159	68
Other Receivables	2	12	194	159	100	71
Receivables	134	610	368	495	259	139
Inventory	58	43	12	34	13	17
Prepaid Expenses	-	23	19	16	11	12
Other Current Assets	84	31	65	114	12	27
Total Current Assets	626	1,214	993	1,905	515	577
Property, Plant & Equipment	772	809	816	650	651	701
Long-Term Investments	78	78	77	401	400	193
Other Intangible Assets	18	21	6	10	15	16
Long-Term Deferred Tax Assets	-	-	-	29	-	-
Other Long-Term Assets	1	2	2	2	1	1
Total Assets	1,495	2,124	1,894	3,077	1,582	1,701
Accounts Payable	165	68	4	65	4	8
Accrued Expenses	-	47	47	46	36	33
Current Portion of Long-Term Debt	33	28	7	200	50	-
Current Portion of Leases	-	15	19	19	19	19
Current Income Taxes Payable	10	119	169	102	45	45
Other Current Liabilities	189	149	295	413	57	255
Total Current Liabilities	397	426	541	845	211	360
Long-Term Debt	334	353	202	210	410	250
Long-Term Leases	271	280	295	315	335	355
Other Long-Term Liabilities	2	1	-	1	1	1
Total Liabilities	1,004	1,060	1,038	1,371	957	966
Common Stock	2,873	2,871	2,848	2,801	2,298	2,298
Additional Paid-In Capital	574	573	550	502	-	-
Retained Earnings	-2,965	-2,381	-2,542	-1,597	-1,673	-1,562
Comprehensive Income & Other	9	1	-	-	-	-1
Shareholders' Equity	491	1,064	856	1,706	625	735
Total Liabilities & Equity	1,495	2,124	1,894	3,077	1,582	1,701
Total Debt	638	676	523	744	814	624
Net Cash (Debt)	-288	-169	6	502	-594	-242
Net Cash Growth	-	-	-98.80%	-	-	-
Net Cash Per Share	-18.18	-10.39	0.39	31.39	-234.78	-96.80
Filing Date Shares Outstanding	15.86	-	15.59	15.3	2.62	2.5
Total Common Shares Outstanding	15.86	-	15.59	15.3	2.62	2.5
Working Capital	229	788	452	1,060	304	217
Book Value Per Share	30.96	-	54.91	111.53	238.56	294.00
Tangible Book Value	473	1,043	850	1,696	610	719
Tangible Book Value Per Share	29.83	-	54.53	110.88	232.83	287.60

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.