Watt Mann 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	1,660	1,854	1,876	1,811	1,494	1,501
Cash & Short-Term Investments	1,660	1,854	1,876	1,811	1,494	1,501
Cash Growth	0.12%	-1.17%	3.59%	21.22%	-0.47%	10.04%
Accounts Receivable	292	244	252	293	195	110
Receivables	292	244	252	293	195	110
Inventory	1,419	1,328	1,204	1,048	905	594
Other Current Assets	172	155	123	168	172	113
Total Current Assets	3,543	3,581	3,455	3,320	2,766	2,318
Property, Plant & Equipment	688	644	670	543	597	622
Long-Term Investments	653	455	433	432	507	527
Goodwill	166	188	217	246	275	-
Other Intangible Assets	38	28	14	11	11	13
Long-Term Deferred Tax Assets	-	175	139	129	150	83
Other Long-Term Assets	1	1	1	2	1	1
Total Assets	5,089	5,087	4,943	4,696	4,319	3,576
Accounts Payable	310	379	304	351	267	46
Accrued Expenses	17	359	407	346	304	158
Short-Term Debt	92	92	82	76	68	34
Current Portion of Long-Term Debt	93	103	105	120	141	139
Current Portion of Leases	2	2	-	-	-	-
Current Income Taxes Payable	104	192	204	190	78	57
Other Current Liabilities	538	184	175	240	195	39
Total Current Liabilities	1,156	1,311	1,277	1,323	1,053	473
Long-Term Debt	156	219	326	434	554	270
Long-Term Leases	12	14	-	-	-	-
Pension & Post-Retirement Benefits	52	51	45	40	35	30
Other Long-Term Liabilities	53	67	57	13	89	91
Total Liabilities	1,429	1,662	1,705	1,810	1,731	864
Common Stock	500	500	500	500	500	500
Additional Paid-In Capital	1,508	1,483	1,449	1,415	1,381	1,659
Retained Earnings	1,868	1,646	1,476	1,147	879	680
Treasury Stock	-101	-101	-101	-101	-101	-57
Comprehensive Income & Other	-116	-111	-102	-97	-95	-94
Total Common Equity	3,659	3,417	3,222	2,864	2,564	2,688
Minority Interest	1	8	16	22	24	24
Shareholders' Equity	3,660	3,425	3,238	2,886	2,588	2,712
Total Liabilities & Equity	5,089	5,087	4,943	4,696	4,319	3,576
Total Debt	355	430	513	630	763	443
Net Cash (Debt)	1,305	1,424	1,363	1,181	731	1,058
Net Cash Growth	7.85%	4.47%	15.41%	61.56%	-30.91%	4.96%
Net Cash Per Share	149.16	162.76	155.79	134.99	83.96	120.93
Filing Date Shares Outstanding	8.75	8.75	8.75	8.75	8.75	8.75
Total Common Shares Outstanding	8.75	8.75	8.75	35	8.75	8.75
Working Capital	2,387	2,270	2,178	1,997	1,713	1,845
Book Value Per Share	418.22	390.56	368.27	81.84	293.05	307.25
Tangible Book Value	3,455	3,201	2,991	2,607	2,278	2,675
Tangible Book Value Per Share	394.90	365.87	341.87	74.49	260.36	305.77

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