The Keihin 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	9,860	9,461	9,420	9,310	7,104	5,936
Cash & Short-Term Investments	9,860	9,461	9,420	9,310	7,104	5,936
Cash Growth	12.22%	0.43%	1.18%	31.05%	19.68%	28.01%
Receivables	5,165	4,883	4,899	4,438	4,875	5,849
Other Current Assets	2,838	1,473	974	1,255	1,386	946
Total Current Assets	17,863	15,817	15,293	15,003	13,365	12,731
Property, Plant & Equipment	24,039	24,457	23,496	21,725	21,232	22,126
Long-Term Investments	11,094	9,398	9,222	6,170	5,685	6,017
Other Intangible Assets	1,228	1,239	1,282	1,318	1,367	1,420
Long-Term Deferred Tax Assets	174	187	188	200	304	207
Long-Term Deferred Charges	5	7	15	19	33	40
Other Long-Term Assets	2	1	3	2	3	2
Total Assets	54,405	51,106	49,499	44,437	41,989	42,543
Accounts Payable	2,984	2,943	3,124	2,940	2,608	4,310
Short-Term Debt	2,893	2,808	3,142	3,720	3,741	4,597
Current Portion of Long-Term Debt	240	240	940	1,260	860	1,800
Current Portion of Leases	253	261	233	214	217	218
Current Income Taxes Payable	524	640	379	694	816	527
Other Current Liabilities	3,614	2,090	2,001	1,648	1,675	1,752
Total Current Liabilities	10,508	8,982	9,819	10,476	9,917	13,204
Long-Term Debt	4,288	4,730	4,234	4,019	5,062	5,137
Long-Term Leases	603	542	547	452	543	551
Pension & Post-Retirement Benefits	3,432	3,390	3,511	3,539	3,603	3,489
Long-Term Deferred Tax Liabilities	1,529	1,015	995	143	27	132
Other Long-Term Liabilities	1,329	2,192	2,159	1,352	1,344	361
Total Liabilities	21,689	20,851	21,265	19,981	20,496	22,874
Common Stock	5,376	5,376	5,376	5,376	5,376	5,376
Additional Paid-In Capital	4,415	4,415	4,415	4,415	4,415	4,415
Retained Earnings	18,465	16,895	15,163	13,571	11,193	9,294
Treasury Stock	-15	-14	-14	-14	-14	-13
Comprehensive Income & Other	4,475	3,583	3,294	1,108	523	597
Shareholders' Equity	32,716	30,255	28,234	24,456	21,493	19,669
Total Liabilities & Equity	54,405	51,106	49,499	44,437	41,989	42,543
Total Debt	8,277	8,581	9,096	9,665	10,423	12,303
Net Cash (Debt)	1,583	880	324	-355	-3,319	-6,367
Net Cash Growth	-	171.61%	-	-	-	-
Net Cash Per Share	242.47	134.79	49.63	-54.37	-508.34	-975.17
Filing Date Shares Outstanding	6.53	6.53	6.53	6.53	6.53	6.53
Total Common Shares Outstanding	6.53	6.53	6.53	6.53	6.53	6.53
Working Capital	7,355	6,835	5,474	4,527	3,448	-473
Book Value Per Share	5010.32	4634.20	4324.49	3745.81	3291.96	3012.52
Tangible Book Value	31,488	29,016	26,952	23,138	20,126	18,249
Tangible Book Value Per Share	4822.26	4444.42	4128.13	3543.94	3082.58	2795.03

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