Ichinen Holdings 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	14,566	9,162	8,374	10,154	11,038	11,984
Cash & Short-Term Investments	14,566	9,162	8,374	10,154	11,038	11,984
Cash Growth	28.15%	9.41%	-17.53%	-8.01%	-7.89%	455.33%
Receivables	57,514	57,386	56,705	48,148	44,655	42,050
Inventory	24,084	22,128	23,433	11,955	10,484	9,222
Prepaid Expenses	3,180	2,521	2,515	2,496	2,407	2,437
Other Current Assets	2,489	5,717	3,970	3,814	3,222	2,966
Total Current Assets	101,833	96,914	94,997	76,567	71,806	68,659
Property, Plant & Equipment	34,214	96,129	94,240	84,618	85,930	82,235
Long-Term Investments	6,970	9,826	10,592	8,065	8,199	8,822
Goodwill	54	217	453	700	947	1,193
Other Intangible Assets	912	893	882	732	445	384
Long-Term Deferred Tax Assets	915	1,255	1,346	1,141	1,089	593
Long-Term Deferred Charges	95	79	61	42	61	29
Other Long-Term Assets	66,718	2	2	1	2	2
Total Assets	211,711	205,371	202,606	171,888	168,507	161,948
Accounts Payable	14,044	19,885	21,564	18,401	18,030	18,228
Accrued Expenses	565	1,340	1,444	967	1,017	822
Short-Term Debt	5,500	7,400	6,400	7,800	7,850	11,800
Current Portion of Long-Term Debt	35,070	22,882	26,766	25,831	20,302	26,116
Current Portion of Leases	42	42	4	7	12	15
Current Income Taxes Payable	1,515	4,724	6,016	3,569	4,653	2,223
Other Current Liabilities	9,158	1,233	1,365	772	765	1,074
Total Current Liabilities	66,496	57,506	63,559	57,347	52,629	60,278
Long-Term Debt	70,972	78,391	74,381	62,798	68,876	58,741
Long-Term Leases	74	91	7	3	7	9
Pension & Post-Retirement Benefits	2,277	2,230	2,114	2,214	2,219	2,188
Long-Term Deferred Tax Liabilities	-	241	153	84	121	181
Other Long-Term Liabilities	1,734	1,519	1,387	1,068	984	846
Total Liabilities	141,553	139,978	141,601	123,514	124,836	122,243
Common Stock	2,529	2,529	2,529	2,529	2,529	2,529
Additional Paid-In Capital	1,805	1,805	1,805	1,805	1,805	1,805
Retained Earnings	62,578	59,054	53,887	42,956	38,201	33,965
Treasury Stock	-128	-1,077	-245	-245	-368	-340
Comprehensive Income & Other	2,794	2,503	2,486	1,329	1,504	1,746
Total Common Equity	69,578	64,814	60,462	48,374	43,671	39,705
Minority Interest	580	579	543	-	-	-
Shareholders' Equity	70,158	65,393	61,005	48,374	43,671	39,705
Total Liabilities & Equity	211,711	205,371	202,606	171,888	168,507	161,948
Total Debt	111,658	108,806	107,558	96,439	97,047	96,681
Net Cash (Debt)	-97,092	-99,644	-99,184	-86,285	-86,009	-84,697
Net Cash Per Share	-4103.38	-4173.25	-4108.28	-3585.95	-3554.97	-3475.80
Filing Date Shares Outstanding	23.68	23.55	24.05	24.05	23.95	24.3
Total Common Shares Outstanding	23.68	23.55	24.05	24.05	23.95	24.3
Working Capital	35,337	39,408	31,438	19,220	19,177	8,381
Book Value Per Share	2938.59	2751.90	2513.74	2011.16	1823.58	1634.08
Tangible Book Value	68,612	63,704	59,127	46,942	42,279	38,128
Tangible Book Value Per Share	2897.80	2704.78	2458.24	1951.63	1765.46	1569.18

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