Hakuyosha Company Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,543	1,315	1,429	1,106	1,044
Cash & Short-Term Investments	1,543	1,315	1,429	1,106	1,044
Cash Growth	17.34%	-7.98%	29.20%	5.94%	-2.34%
Receivables	4,558	4,207	4,212	4,141	3,516
Inventory	6,790	5,558	5,194	4,143	4,094
Other Current Assets	735	738	811	622	652
Total Current Assets	13,626	11,818	11,646	10,012	9,306
Property, Plant & Equipment	14,572	14,416	14,374	14,642	15,329
Long-Term Investments	5,115	4,425	4,597	4,201	4,051
Other Intangible Assets	354	364	408	501	587
Long-Term Deferred Tax Assets	1,636	1,727	2,128	2,011	2,136
Other Long-Term Assets	2	3	1	2	2
Total Assets	35,305	32,753	33,154	31,369	31,411
Accounts Payable	2,625	2,559	2,992	2,479	2,356
Accrued Expenses	183	179	186	166	92
Short-Term Debt	1,688	1,777	3,347	2,584	2,894
Current Portion of Long-Term Debt	4,174	2,629	3,017	3,323	2,985
Current Portion of Leases	720	490	448	393	455
Current Income Taxes Payable	424	358	20	498	488
Other Current Liabilities	2,142	2,198	2,175	2,193	1,934
Total Current Liabilities	11,956	10,190	12,185	11,636	11,204
Long-Term Debt	3,112	5,428	5,602	6,104	7,876
Long-Term Leases	2,255	1,323	1,242	1,075	1,273
Pension & Post-Retirement Benefits	3,560	3,696	3,964	4,126	4,244
Long-Term Deferred Tax Liabilities	-	12	127	69	124
Other Long-Term Liabilities	1,533	1,561	1,664	2,215	2,315
Total Liabilities	22,416	22,210	24,784	25,225	27,036
Common Stock	2,410	2,410	2,410	2,410	2,410
Additional Paid-In Capital	1,567	1,567	1,567	1,572	1,574
Retained Earnings	7,318	5,437	3,416	1,568	107
Treasury Stock	-323	-334	-358	-364	-364
Comprehensive Income & Other	1,789	1,371	1,281	885	497
Total Common Equity	12,761	10,451	8,316	6,071	4,224
Minority Interest	128	92	54	73	151
Shareholders' Equity	12,889	10,543	8,370	6,144	4,375
Total Liabilities & Equity	35,305	32,753	33,154	31,369	31,411
Total Debt	11,949	11,647	13,656	13,479	15,483
Net Cash (Debt)	-10,406	-10,332	-12,227	-12,373	-14,439
Net Cash Per Share	-2744.41	-2726.74	-3235.93	-3275.75	-3807.57
Filing Date Shares Outstanding	3.79	3.79	3.78	3.78	3.78
Total Common Shares Outstanding	3.79	3.79	3.78	3.78	3.78
Working Capital	1,670	1,628	-539	-1,624	-1,898
Book Value Per Share	3365.01	2759.03	2200.26	1607.41	1118.22
Tangible Book Value	12,407	10,087	7,908	5,570	3,637
Tangible Book Value Per Share	3271.66	2662.94	2092.31	1474.76	962.83

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