Nagase Brothers 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	18,254	18,570	26,469	19,533	21,472	21,872
Cash & Short-Term Investments	18,254	18,570	26,469	19,533	21,472	21,872
Cash Growth	10.87%	-29.84%	35.51%	-9.03%	-1.83%	28.63%
Receivables	3,883	4,486	3,926	2,934	2,972	3,031
Inventory	704	534	540	569	504	462
Prepaid Expenses	1,400	1,369	1,216	1,223	1,107	1,155
Other Current Assets	329	437	466	312	240	296
Total Current Assets	24,570	25,396	32,617	24,571	26,295	26,816
Property, Plant & Equipment	31,550	30,885	28,168	28,299	29,416	27,378
Long-Term Investments	32,114	26,009	21,158	18,440	15,945	13,695
Goodwill	2,748	3,126	2,799	3,158	1,010	-
Other Intangible Assets	3,515	3,370	2,441	2,727	2,729	2,396
Long-Term Deferred Tax Assets	729	810	689	570	642	797
Other Long-Term Assets	2	1	2	2	1	2
Total Assets	95,794	90,107	88,286	78,104	76,564	71,708
Accounts Payable	410	426	392	442	432	416
Accrued Expenses	197	1,657	1,569	1,586	1,508	1,127
Short-Term Debt	1,792	792	1,942	642	649	659
Current Portion of Long-Term Debt	532	532	7,132	-	-	-
Current Income Taxes Payable	4,449	4,440	4,258	4,815	4,876	5,729
Other Current Liabilities	14,171	12,903	10,662	12,608	12,713	12,058
Total Current Liabilities	21,551	20,750	25,955	20,093	20,178	19,989
Long-Term Debt	26,703	28,654	26,566	25,640	28,299	27,307
Pension & Post-Retirement Benefits	2,761	2,741	2,461	2,424	2,327	1,992
Long-Term Deferred Tax Liabilities	5,655	3,693	1,904	-	-	-
Other Long-Term Liabilities	3,063	3,097	2,634	3,501	2,651	1,828
Total Liabilities	59,733	58,935	59,520	51,658	53,455	51,116
Common Stock	2,138	2,138	2,138	2,138	2,138	2,138
Additional Paid-In Capital	2,141	2,141	2,141	2,141	2,141	2,141
Retained Earnings	22,834	22,178	22,854	22,884	20,639	19,143
Treasury Stock	-4,858	-4,858	-4,858	-4,858	-4,858	-4,858
Comprehensive Income & Other	13,806	9,573	6,491	4,141	3,049	2,028
Shareholders' Equity	36,061	31,172	28,766	26,446	23,109	20,592
Total Liabilities & Equity	95,794	90,107	88,286	78,104	76,564	71,708
Total Debt	29,027	29,978	35,640	26,282	28,948	27,966
Net Cash (Debt)	-10,773	-11,408	-9,171	-6,749	-7,476	-6,094
Net Cash Per Share	-409.21	-433.33	-348.36	-256.36	-283.98	-231.48
Filing Date Shares Outstanding	26.33	26.33	26.33	26.33	26.33	26.33
Total Common Shares Outstanding	26.33	26.33	26.33	26.33	26.33	26.33
Working Capital	3,019	4,646	6,662	4,478	6,117	6,827
Book Value Per Share	1369.77	1184.07	1092.68	1004.55	877.80	782.19
Tangible Book Value	29,798	24,676	23,526	20,561	19,370	18,196
Tangible Book Value Per Share	1131.87	937.32	893.64	781.01	735.77	691.17

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