Shoei 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	1,998	1,110	854	1,267	878	943
Cash & Short-Term Investments	1,998	1,110	854	1,267	878	943
Cash Growth	24.49%	29.98%	-32.60%	44.30%	-6.89%	7.90%
Accounts Receivable	3,363	3,061	3,416	3,669	3,526	3,539
Other Receivables	-	68	60	54	53	121
Receivables	3,363	3,129	3,476	3,723	3,579	3,660
Inventory	2,364	2,262	2,199	2,478	2,892	2,592
Other Current Assets	227	131	207	166	210	207
Total Current Assets	7,952	6,632	6,736	7,634	7,559	7,402
Property, Plant & Equipment	2,762	2,773	1,899	2,357	2,367	1,945
Long-Term Investments	1,214	973	954	819	818	788
Goodwill	-	-	-	-	561	-
Other Intangible Assets	189	48	24	210	1,480	136
Long-Term Deferred Tax Assets	-	5	7	12	6	15
Other Long-Term Assets	1	2	1	2	2	1
Total Assets	12,118	10,433	9,621	11,034	12,793	10,287
Accounts Payable	1,213	1,119	1,085	1,251	1,413	1,330
Accrued Expenses	85	267	299	265	268	116
Short-Term Debt	3,160	2,330	2,620	4,680	4,760	2,690
Current Portion of Long-Term Debt	315	312	191	152	138	88
Current Portion of Leases	-	70	72	77	111	117
Current Income Taxes Payable	302	351	570	248	299	578
Other Current Liabilities	600	39	40	29	27	110
Total Current Liabilities	5,675	4,488	4,877	6,702	7,016	5,029
Long-Term Debt	929	1,110	369	466	355	54
Long-Term Leases	-	127	177	122	134	204
Pension & Post-Retirement Benefits	54	60	68	65	75	39
Long-Term Deferred Tax Liabilities	-	203	160	62	511	74
Other Long-Term Liabilities	552	169	170	814	179	154
Total Liabilities	7,210	6,157	5,821	8,231	8,270	5,554
Common Stock	715	715	715	715	715	715
Additional Paid-In Capital	807	807	807	807	807	915
Retained Earnings	2,789	2,238	1,926	1,071	2,843	2,908
Treasury Stock	-56	-56	-56	-56	-56	-56
Comprehensive Income & Other	653	572	408	266	214	251
Shareholders' Equity	4,908	4,276	3,800	2,803	4,523	4,733
Total Liabilities & Equity	12,118	10,433	9,621	11,034	12,793	10,287
Total Debt	4,404	3,949	3,429	5,497	5,498	3,153
Net Cash (Debt)	-2,406	-2,839	-2,575	-4,230	-4,620	-2,210
Net Cash Per Share	-311.37	-367.40	-333.24	-547.41	-597.86	-329.13
Filing Date Shares Outstanding	7.73	7.73	7.73	7.73	7.73	7.73
Total Common Shares Outstanding	7.73	7.73	7.73	7.73	7.73	7.73
Working Capital	2,277	2,144	1,859	932	543	2,373
Book Value Per Share	635.15	553.37	491.77	362.74	585.33	612.43
Tangible Book Value	4,719	4,228	3,776	2,593	2,482	4,597
Tangible Book Value Per Share	610.69	547.15	488.66	335.57	321.20	594.83
Order Backlog	-	2,048	2,093	2,006	2,012	1,324

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