Musashino Kogyo 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	1,179	861	758	743	759	835
Cash & Short-Term Investments	1,179	861	758	743	759	835
Cash Growth	42.74%	13.59%	2.02%	-2.11%	-9.10%	23.34%
Receivables	49	39	36	43	43	25
Inventory	-	1	1	3	2	4
Other Current Assets	90	49	79	53	55	45
Total Current Assets	1,318	950	874	842	859	909
Property, Plant & Equipment	4,423	4,412	4,415	4,420	4,443	4,444
Long-Term Investments	482	569	556	560	587	604
Other Intangible Assets	84	85	82	76	78	80
Long-Term Deferred Tax Assets	46	53	49	55	21	23
Other Long-Term Assets	1	2	2	1	1	2
Total Assets	6,354	6,071	5,978	5,954	5,989	6,062
Accounts Payable	73	75	63	61	50	44
Accrued Expenses	5	15	14	16	8	9
Short-Term Debt	52	50	52	57	57	83
Current Portion of Leases	1	1	1	2	7	10
Current Income Taxes Payable	21	25	6	16	16	22
Other Current Liabilities	231	214	195	168	185	206
Total Current Liabilities	383	380	331	320	323	374
Long-Term Debt	225	261	285	282	340	398
Long-Term Leases	2	3	5	3	5	6
Pension & Post-Retirement Benefits	58	69	62	64	72	85
Long-Term Deferred Tax Liabilities	1,113	1,113	1,082	1,082	1,082	1,082
Other Long-Term Liabilities	631	631	632	627	633	633
Total Liabilities	2,412	2,457	2,397	2,378	2,455	2,578
Common Stock	1,004	1,004	1,004	1,004	1,004	1,004
Retained Earnings	522	195	131	126	85	35
Treasury Stock	-9	-9	-8	-8	-8	-8
Comprehensive Income & Other	2,425	2,424	2,454	2,454	2,453	2,453
Shareholders' Equity	3,942	3,614	3,581	3,576	3,534	3,484
Total Liabilities & Equity	6,354	6,071	5,978	5,954	5,989	6,062
Total Debt	280	315	343	344	409	497
Net Cash (Debt)	899	546	415	399	350	338
Net Cash Growth	81.62%	31.57%	4.01%	14.00%	3.55%	-25.22%
Net Cash Per Share	859.33	521.84	396.61	381.31	334.48	323.00
Filing Date Shares Outstanding	1.05	1.05	1.05	1.05	1.05	1.05
Total Common Shares Outstanding	1.05	1.05	1.05	1.05	1.05	1.05
Working Capital	935	570	543	522	536	535
Book Value Per Share	3768.18	3454.51	3422.29	3417.49	3377.29	3329.39
Tangible Book Value	3,858	3,529	3,499	3,500	3,456	3,404
Tangible Book Value Per Share	3687.89	3373.26	3343.92	3344.86	3302.75	3252.94

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