Bell-Park Balance Sheet

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	14,016	13,424	20,207	19,722	17,616	18,331
Cash & Short-Term Investments	14,016	13,424	20,207	19,722	17,616	18,331
Cash Growth	-27.22%	-33.57%	2.46%	11.96%	-3.90%	-16.84%
Accounts Receivable	18,367	12,966	13,683	12,736	10,902	11,126
Other Receivables	-	154	131	125	132	172
Receivables	18,367	13,120	13,814	12,861	11,034	11,298
Inventory	6,893	7,968	7,259	7,157	8,923	6,933
Other Current Assets	604	435	400	381	374	438
Total Current Assets	39,880	34,947	41,680	40,121	37,947	37,000
Property, Plant & Equipment	1,572	1,600	1,726	1,944	2,120	2,100
Long-Term Investments	7,036	6,142	6,266	4,538	2,329	2,478
Goodwill	8	12	31	74	188	436
Other Intangible Assets	32	30	37	44	66	93
Long-Term Deferred Tax Assets	-	799	839	721	672	617
Other Long-Term Assets	1	1	1	2	2	1
Total Assets	48,529	43,597	50,663	47,535	43,624	43,366
Accounts Payable	14,092	10,816	10,524	10,407	9,010	9,934
Accrued Expenses	896	1,087	1,456	1,189	866	952
Short-Term Debt	-	-	-	-	-	14
Current Income Taxes Payable	1,077	2,195	2,172	1,481	1,588	1,559
Other Current Liabilities	3,665	1,803	1,624	1,763	1,147	1,347
Total Current Liabilities	19,730	15,901	15,776	14,840	12,611	13,806
Long-Term Debt	45	50	70	90	-	-
Pension & Post-Retirement Benefits	6	6	6	6	6	7
Other Long-Term Liabilities	689	690	644	676	667	783
Total Liabilities	20,470	16,647	16,496	15,612	13,284	14,596
Common Stock	1,148	1,148	1,148	1,148	1,148	1,148
Additional Paid-In Capital	1,602	1,602	1,872	1,872	1,872	1,872
Retained Earnings	25,433	24,318	31,820	29,480	27,907	26,331
Treasury Stock	-	-	-611	-611	-611	-611
Comprehensive Income & Other	-124	-118	-62	34	24	30
Shareholders' Equity	28,059	26,950	34,167	31,923	30,340	28,770
Total Liabilities & Equity	48,529	43,597	50,663	47,535	43,624	43,366
Total Debt	45	50	70	90	-	14
Net Cash (Debt)	13,971	13,374	20,137	19,632	17,616	18,317
Net Cash Growth	-27.21%	-33.59%	2.57%	11.44%	-3.83%	7.57%
Net Cash Per Share	1002.02	852.24	1046.58	1020.33	915.55	951.99
Filing Date Shares Outstanding	12.24	12.24	19.24	19.24	19.24	19.24
Total Common Shares Outstanding	12.24	12.24	19.24	19.24	19.24	19.24
Working Capital	20,150	19,046	25,904	25,281	25,336	23,194
Book Value Per Share	2292.27	2201.67	1775.77	1659.14	1576.86	1495.26
Tangible Book Value	28,019	26,908	34,099	31,805	30,086	28,241
Tangible Book Value Per Share	2289.00	2198.24	1772.23	1653.00	1563.66	1467.77

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