Trusco Nakayama Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	66,099	47,594	41,352	43,283	39,400	41,469
Cash & Short-Term Investments	66,099	47,594	41,352	43,283	39,400	41,469
Cash Growth	11.88%	15.10%	-4.46%	9.86%	-4.99%	28.06%
Receivables	46,114	43,235	40,355	37,142	34,314	31,093
Inventory	70,906	68,178	55,366	50,848	45,292	42,627
Other Current Assets	2,562	2,639	898	735	661	817
Total Current Assets	185,681	161,646	137,971	132,008	119,667	116,006
Property, Plant & Equipment	138,441	135,398	123,171	104,569	97,464	98,194
Long-Term Investments	3,239	3,423	3,024	2,900	3,419	3,279
Other Intangible Assets	7,706	7,105	5,195	4,572	4,381	5,403
Long-Term Deferred Tax Assets	527	786	928	828	275	189
Other Long-Term Assets	-141	1	1	1	1	1
Total Assets	335,453	308,359	270,290	244,878	225,207	223,072
Accounts Payable	34,228	26,227	22,121	20,461	18,866	16,526
Accrued Expenses	910	580	690	687	12	17
Short-Term Debt	20,000	10,000	10,000	10,000	10,000	17,000
Current Portion of Long-Term Debt	15,000	15,000	1,500	8,500	10,000	-
Current Income Taxes Payable	1,764	10,753	12,049	7,792	5,605	6,725
Other Current Liabilities	1,977	1,601	2,076	2,295	1,695	2,162
Total Current Liabilities	73,879	64,161	48,436	49,735	46,178	42,430
Long-Term Debt	70,000	55,000	45,000	31,500	25,000	35,000
Pension & Post-Retirement Benefits	151	151	151	151	151	151
Other Long-Term Liabilities	2,848	2,796	2,708	2,777	2,876	2,822
Total Liabilities	146,878	122,108	96,295	84,163	74,205	80,403
Common Stock	5,022	5,022	5,022	5,022	5,022	5,022
Additional Paid-In Capital	4,711	4,711	4,711	4,711	4,711	4,711
Retained Earnings	177,300	175,139	163,121	150,298	141,096	132,822
Treasury Stock	-84	-84	-83	-82	-79	-78
Comprehensive Income & Other	1,626	1,463	1,224	766	252	192
Shareholders' Equity	188,575	186,251	173,995	160,715	151,002	142,669
Total Liabilities & Equity	335,453	308,359	270,290	244,878	225,207	223,072
Total Debt	105,000	80,000	56,500	50,000	45,000	52,000
Net Cash (Debt)	-38,901	-32,406	-15,148	-6,717	-5,600	-10,531
Net Cash Per Share	-589.94	-491.45	-229.72	-101.86	-84.92	-159.70
Filing Date Shares Outstanding	65.94	65.94	65.94	65.94	65.94	65.94
Total Common Shares Outstanding	65.94	65.94	65.94	65.94	65.94	65.94
Working Capital	111,802	97,485	89,535	82,273	73,489	73,576
Book Value Per Share	2859.79	2824.54	2638.66	2437.25	2289.91	2163.53
Tangible Book Value	180,869	179,146	168,800	156,143	146,621	137,266
Tangible Book Value Per Share	2742.93	2716.79	2559.87	2367.91	2223.47	2081.60

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