Valor Holdings Balance Sheet

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	32,983	22,632	29,598	21,482	23,260
Cash & Short-Term Investments	32,983	22,632	29,598	21,482	23,260
Cash Growth	45.74%	-23.54%	37.78%	-7.64%	-22.27%
Receivables	36,560	30,247	25,440	16,690	14,896
Inventory	69,334	66,495	64,519	61,119	57,389
Other Current Assets	15,342	15,574	16,043	16,380	14,672
Total Current Assets	154,219	134,948	135,600	115,671	110,217
Property, Plant & Equipment	265,004	242,374	229,404	225,405	225,312
Long-Term Investments	56,568	50,064	50,284	46,034	46,099
Goodwill	6,433	3,470	1,828	1,807	2,323
Other Intangible Assets	17,419	15,758	15,935	16,619	15,436
Long-Term Deferred Tax Assets	13,851	12,414	10,631	10,508	9,900
Other Long-Term Assets	1	1	1	2	-
Total Assets	514,858	460,068	444,807	417,107	410,365
Accounts Payable	77,808	68,038	64,662	59,504	57,237
Accrued Expenses	5,513	4,778	4,374	3,880	3,738
Short-Term Debt	42,902	42,358	41,793	39,041	36,841
Current Portion of Long-Term Debt	27,161	14,383	14,132	11,736	17,795
Current Portion of Leases	2,141	2,498	3,188	2,286	2,445
Current Income Taxes Payable	6,364	4,729	5,267	4,744	3,480
Other Current Liabilities	33,571	30,944	33,503	29,242	26,509
Total Current Liabilities	195,460	167,728	166,919	150,433	148,045
Long-Term Debt	66,249	60,102	54,495	55,766	57,511
Long-Term Leases	9,486	9,228	9,439	9,950	10,862
Pension & Post-Retirement Benefits	7,808	6,744	7,211	6,913	6,793
Long-Term Deferred Tax Liabilities	990	301	269	231	198
Other Long-Term Liabilities	31,556	27,924	27,148	26,296	24,437
Total Liabilities	311,549	272,027	265,481	249,589	247,846
Common Stock	13,609	13,609	13,609	13,609	13,609
Additional Paid-In Capital	20,054	20,053	20,066	20,062	20,063
Retained Earnings	151,033	138,470	128,340	119,567	115,030
Treasury Stock	-2,919	-2,929	-816	-831	-547
Comprehensive Income & Other	3,469	2,007	2,869	345	553
Total Common Equity	185,246	171,210	164,068	152,752	148,708
Minority Interest	18,063	16,831	15,258	14,766	13,811
Shareholders' Equity	203,309	188,041	179,326	167,518	162,519
Total Liabilities & Equity	514,858	460,068	444,807	417,107	410,365
Total Debt	147,939	128,569	123,047	118,779	125,454
Net Cash (Debt)	-114,956	-105,937	-93,449	-97,297	-102,194
Net Cash Per Share	-2182.32	-1998.89	-1744.69	-1812.17	-1903.05
Filing Date Shares Outstanding	52.67	52.67	53.57	53.56	53.7
Total Common Shares Outstanding	52.67	52.67	53.57	53.56	53.7
Working Capital	-41,241	-32,780	-31,319	-34,762	-37,828
Book Value Per Share	3516.87	3250.67	3062.94	2852.08	2769.13
Tangible Book Value	161,394	151,982	146,305	134,326	130,949
Tangible Book Value Per Share	3064.04	2885.60	2731.33	2508.04	2438.43