Hakuyosha Company Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1,208	1,315	1,429	1,106	1,044	1,069
Cash & Short-Term Investments	1,208	1,315	1,429	1,106	1,044	1,069
Cash Growth	-7.50%	-7.98%	29.20%	5.94%	-2.34%	60.03%
Receivables	4,180	4,207	4,212	4,141	3,516	3,810
Inventory	5,809	5,558	5,194	4,143	4,094	5,552
Other Current Assets	596	738	811	622	652	725
Total Current Assets	11,793	11,818	11,646	10,012	9,306	11,156
Property, Plant & Equipment	14,587	14,416	14,374	14,642	15,329	16,513
Long-Term Investments	4,612	4,425	4,597	4,201	4,051	4,675
Other Intangible Assets	357	364	408	501	587	620
Long-Term Deferred Tax Assets	1,717	1,727	2,128	2,011	2,136	1,889
Other Long-Term Assets	1	3	1	2	2	3
Total Assets	33,067	32,753	33,154	31,369	31,411	34,856
Accounts Payable	2,561	2,559	2,992	2,479	2,356	2,683
Accrued Expenses	438	179	186	166	92	171
Short-Term Debt	1,284	1,777	3,347	2,584	2,894	3,504
Current Portion of Long-Term Debt	3,802	2,629	3,017	3,323	2,985	5,014
Current Portion of Leases	-	490	448	393	455	695
Current Income Taxes Payable	354	358	20	498	488	50
Other Current Liabilities	2,411	2,198	2,175	2,193	1,934	2,155
Total Current Liabilities	10,850	10,190	12,185	11,636	11,204	14,272
Long-Term Debt	4,001	5,428	5,602	6,104	7,876	6,370
Long-Term Leases	-	1,323	1,242	1,075	1,273	1,584
Pension & Post-Retirement Benefits	3,668	3,696	3,964	4,126	4,244	4,382
Long-Term Deferred Tax Liabilities	-	12	127	69	124	78
Other Long-Term Liabilities	2,829	1,561	1,664	2,215	2,315	2,114
Total Liabilities	21,348	22,210	24,784	25,225	27,036	28,800
Common Stock	2,410	2,410	2,410	2,410	2,410	2,410
Additional Paid-In Capital	1,567	1,567	1,567	1,572	1,574	1,518
Retained Earnings	6,520	5,437	3,416	1,568	107	1,352
Treasury Stock	-323	-334	-358	-364	-364	-345
Comprehensive Income & Other	1,429	1,371	1,281	885	497	808
Total Common Equity	11,603	10,451	8,316	6,071	4,224	5,743
Minority Interest	116	92	54	73	151	313
Shareholders' Equity	11,719	10,543	8,370	6,144	4,375	6,056
Total Liabilities & Equity	33,067	32,753	33,154	31,369	31,411	34,856
Total Debt	9,087	11,647	13,656	13,479	15,483	17,167
Net Cash (Debt)	-7,879	-10,332	-12,227	-12,373	-14,439	-16,098
Net Cash Per Share	-2078.51	-2726.74	-3235.93	-3275.75	-3807.57	-4246.49
Filing Date Shares Outstanding	3.79	3.79	3.78	3.78	3.78	3.79
Total Common Shares Outstanding	3.79	3.79	3.78	3.78	3.78	3.79
Working Capital	943	1,628	-539	-1,624	-1,898	-3,116
Book Value Per Share	3059.65	2759.03	2200.26	1607.41	1118.22	1515.01
Tangible Book Value	11,246	10,087	7,908	5,570	3,637	5,123
Tangible Book Value Per Share	2965.51	2662.94	2092.31	1474.76	962.83	1351.45

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.