Belc CO., LTD. Balance Sheet

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

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Cash & Equivalents	22,330	17,833	17,028	15,579	11,791	7,369
Cash & Short-Term Investments	23,330	17,833	17,028	15,579	11,791	7,369
Cash Growth	11.94%	4.73%	9.30%	32.13%	60.01%	-2.05%
Receivables	7,122	5,304	5,168	4,148	3,538	4,282
Inventory	12,203	11,341	9,428	8,319	7,602	7,271
Other Current Assets	4,109	5,539	5,284	4,636	4,449	4,333
Total Current Assets	46,764	40,017	36,908	32,682	27,380	23,255
Property, Plant & Equipment	152,296	138,207	128,251	118,888	108,829	98,376
Long-Term Investments	-	17,185	14,042	13,477	12,796	11,113
Other Intangible Assets	2,283	2,367	2,407	1,646	1,655	1,443
Long-Term Deferred Tax Assets	2,648	2,939	2,754	2,612	2,553	2,371
Other Long-Term Assets	17,854	2	1	1	1	-
Total Assets	221,845	200,717	184,363	169,306	153,214	136,558
Accounts Payable	26,767	25,109	23,208	19,940	17,917	17,349
Accrued Expenses	623	1,554	1,369	1,284	1,226	1,148
Short-Term Debt	-	-	-	-	500	800
Current Portion of Long-Term Debt	11,328	8,145	7,873	7,701	6,296	5,311
Current Portion of Leases	83	74	72	258	570	906
Current Income Taxes Payable	1,487	3,106	2,126	2,782	3,023	2,375
Other Current Liabilities	13,376	11,217	10,796	6,329	6,693	6,859
Total Current Liabilities	56,426	49,205	45,444	38,294	36,225	34,748
Long-Term Debt	34,882	28,448	26,394	27,625	21,828	13,911
Long-Term Leases	48	98	172	245	503	1,074
Pension & Post-Retirement Benefits	-	-	-	-	483	486
Other Long-Term Liabilities	14,589	13,046	12,388	11,838	10,525	10,055
Total Liabilities	105,959	90,797	84,398	78,002	69,564	60,274
Common Stock	3,912	3,912	3,912	3,912	3,912	3,912
Additional Paid-In Capital	4,102	4,102	4,102	4,102	4,102	4,102
Retained Earnings	107,986	101,950	91,985	83,373	75,880	68,549
Treasury Stock	-221	-114	-118	-118	-3	-3
Comprehensive Income & Other	107	70	84	35	-241	-276
Shareholders' Equity	115,886	109,920	99,965	91,304	83,650	76,284
Total Liabilities & Equity	221,845	200,717	184,363	169,306	153,214	136,558
Total Debt	46,341	36,765	34,511	35,829	29,697	22,002
Net Cash (Debt)	-23,011	-18,932	-17,483	-20,250	-17,906	-14,633
Net Cash Per Share	-1104.31	-908.20	-838.71	-971.05	-858.12	-701.26
Filing Date Shares Outstanding	20.83	20.85	20.85	20.85	20.87	20.87
Total Common Shares Outstanding	20.83	20.85	20.85	20.85	20.87	20.87
Working Capital	-9,662	-9,188	-8,536	-5,612	-8,845	-11,493
Book Value Per Share	5563.18	5272.97	4795.59	4380.09	4008.82	3655.79
Tangible Book Value	113,603	107,553	97,558	89,658	81,995	74,841
Tangible Book Value Per Share	5453.58	5159.43	4680.12	4301.13	3929.50	3586.63

Updated Nov 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.