Azuma Shipping 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	5,288	5,690	6,053	6,255	5,481	5,118
Cash & Short-Term Investments	5,288	5,690	6,053	6,255	5,481	5,118
Cash Growth	6.31%	-6.00%	-3.23%	14.12%	7.09%	38.89%
Receivables	6,726	5,639	6,704	5,995	6,470	6,123
Inventory	-	72	67	63	52	164
Other Current Assets	1,190	1,456	1,409	1,545	1,160	571
Total Current Assets	13,204	12,857	14,233	13,858	13,163	11,976
Property, Plant & Equipment	22,039	22,483	18,935	18,735	19,225	19,287
Long-Term Investments	4,701	4,169	3,972	3,312	3,170	2,846
Other Intangible Assets	1,573	1,496	1,443	1,504	1,536	1,630
Long-Term Deferred Tax Assets	5	6	10	3	-	-
Other Long-Term Assets	1	1	1	2	1	3
Total Assets	41,523	41,162	38,729	37,545	37,353	36,000
Accounts Payable	4,506	4,140	4,384	4,426	4,334	4,091
Accrued Expenses	208	409	405	405	391	380
Short-Term Debt	3,470	2,743	3,128	3,097	2,695	3,006
Current Portion of Leases	-	509	433	490	466	504
Current Income Taxes Payable	72	360	145	147	258	287
Other Current Liabilities	2,807	2,610	2,405	2,394	2,768	1,905
Total Current Liabilities	11,063	10,771	10,900	10,959	10,912	10,173
Long-Term Debt	6,322	6,727	4,442	3,692	3,739	3,790
Long-Term Leases	-	829	863	1,014	994	1,185
Pension & Post-Retirement Benefits	1,187	1,181	1,237	1,368	1,410	1,387
Long-Term Deferred Tax Liabilities	-	375	523	384	342	303
Other Long-Term Liabilities	4,896	3,695	3,782	3,812	3,824	3,694
Total Liabilities	23,468	23,578	21,747	21,229	21,221	20,532
Common Stock	2,294	2,294	2,294	2,294	2,294	2,294
Additional Paid-In Capital	1,483	1,483	1,483	1,483	1,483	1,483
Retained Earnings	12,783	12,572	12,193	12,036	12,067	11,629
Treasury Stock	-230	-244	-284	-301	-317	-323
Comprehensive Income & Other	1,594	1,351	1,178	693	535	335
Total Common Equity	17,924	17,456	16,864	16,205	16,062	15,418
Minority Interest	131	128	118	111	70	50
Shareholders' Equity	18,055	17,584	16,982	16,316	16,132	15,468
Total Liabilities & Equity	41,523	41,162	38,729	37,545	37,353	36,000
Total Debt	9,792	10,808	8,866	8,293	7,894	8,485
Net Cash (Debt)	-4,504	-5,118	-2,813	-2,038	-2,413	-3,367
Net Cash Per Share	-160.35	-182.56	-100.76	-73.15	-86.73	-121.07
Filing Date Shares Outstanding	28.12	28.07	27.94	27.88	27.83	27.81
Total Common Shares Outstanding	28.12	28.07	27.94	27.88	27.83	27.81
Working Capital	2,141	2,086	3,333	2,899	2,251	1,803
Book Value Per Share	637.35	621.86	603.61	581.18	577.18	554.40
Tangible Book Value	16,351	15,960	15,421	14,701	14,526	13,788
Tangible Book Value Per Share	581.42	568.56	551.96	527.24	521.99	495.79

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