RENOVA 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	19,766	87,468	66,492	49,632	44,283	40,356
Cash & Short-Term Investments	19,766	87,468	66,492	49,632	44,283	40,356
Cash Growth	-24.59%	31.55%	33.97%	12.08%	9.73%	61.78%
Receivables	11,870	14,727	17,169	6,291	7,339	4,928
Inventory	3,546	2,377	3,018	1,698	1,205	40
Other Current Assets	72,450	6,186	4,435	8,870	3,312	1,375
Total Current Assets	107,632	110,758	91,114	66,491	56,139	46,699
Property, Plant & Equipment	244,126	233,411	229,013	151,941	155,893	113,256
Long-Term Investments	7,076	150,564	109,035	46,737	44,639	37,100
Goodwill	237	237	237	237	237	237
Other Intangible Assets	32,451	33,722	34,547	36,215	37,439	19,730
Long-Term Deferred Tax Assets	2,891	1,359	1,453	1,755	1,876	3,523
Other Long-Term Assets	204,645	-	-	1	-	1
Total Assets	599,058	530,051	465,399	303,377	296,223	220,546
Accounts Payable	10,494	14,510	9,633	3,107	5,083	2,580
Short-Term Debt	34,144	-	-	-	-	-
Current Portion of Long-Term Debt	-	37,246	33,455	15,193	12,794	7,954
Current Portion of Leases	835	840	788	626	896	864
Current Income Taxes Payable	730	1,876	2,725	979	581	510
Other Current Liabilities	1,881	830	706	1,239	835	1,467
Total Current Liabilities	48,084	55,302	47,307	21,144	20,189	13,375
Long-Term Debt	304,317	286,326	263,879	182,602	185,040	142,506
Long-Term Leases	7,834	8,507	8,743	7,656	8,367	9,081
Long-Term Deferred Tax Liabilities	50,825	32,442	25,697	15,899	14,974	6,587
Other Long-Term Liabilities	15,365	14,050	14,075	11,344	15,212	24,133
Total Liabilities	426,425	396,627	359,701	238,645	243,782	195,682
Common Stock	11,342	11,329	2,405	2,356	2,340	2,269
Additional Paid-In Capital	10,737	10,575	1,447	1,644	1,615	1,479
Retained Earnings	40,140	36,505	33,838	24,981	22,303	20,722
Treasury Stock	-1,082	-1,024	-548	-719	-673	-489
Comprehensive Income & Other	51,181	31,721	30,863	14,692	6,301	-8,729
Total Common Equity	112,318	89,106	68,005	42,954	31,886	15,252
Minority Interest	60,315	44,318	37,693	21,778	20,555	9,612
Shareholders' Equity	172,633	133,424	105,698	64,732	52,441	24,864
Total Liabilities & Equity	599,058	530,051	465,399	303,377	296,223	220,546
Total Debt	347,130	332,919	306,865	206,077	207,097	160,405
Net Cash (Debt)	-327,364	-245,451	-240,373	-156,445	-162,814	-120,049
Net Cash Per Share	-3621.74	-2723.45	-3038.73	-1979.04	-2056.49	-1519.93
Filing Date Shares Outstanding	90.39	90.44	90.88	78.72	78.54	77.82
Total Common Shares Outstanding	90.39	90.44	78.98	78.68	78.52	77.71
Working Capital	59,548	55,456	43,807	45,347	35,950	33,324
Book Value Per Share	1242.61	985.28	861.06	545.93	406.07	196.27
Tangible Book Value	79,630	55,147	33,221	6,502	-5,790	-4,715
Tangible Book Value Per Share	880.97	609.78	420.64	82.64	-73.74	-60.68

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