Ishin 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
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
Cash & Equivalents	1,171	1,399	1,324	880	757
Cash & Short-Term Investments	1,171	1,399	1,324	880	757
Cash Growth	-10.61%	5.67%	50.46%	16.25%	-
Receivables	82	214	150	160	149
Inventory	19	9	4	4	1
Other Current Assets	91	112	37	36	43
Total Current Assets	1,363	1,734	1,515	1,080	950
Property, Plant & Equipment	69	11	10	7	10
Long-Term Investments	465	393	418	432	295
Other Intangible Assets	6	9	17	28	24
Long-Term Deferred Tax Assets	29	29	36	65	52
Other Long-Term Assets	2	1	-	1	1
Total Assets	1,986	2,177	1,996	1,613	1,332
Accounts Payable	18	38	29	31	44
Accrued Expenses	16	30	30	32	26
Current Income Taxes Payable	113	163	144	104	122
Current Unearned Revenue	118	252	264	248	157
Other Current Liabilities	30	34	41	21	35
Total Current Liabilities	295	517	508	436	384
Other Long-Term Liabilities	30	3	5	4	4
Total Liabilities	325	520	513	440	388
Common Stock	165	164	127	8	8
Additional Paid-In Capital	157	156	119	-	-
Retained Earnings	832	849	672	546	463
Comprehensive Income & Other	44	31	28	18	3
Total Common Equity	1,198	1,200	946	572	474
Minority Interest	463	457	537	601	470
Shareholders' Equity	1,661	1,657	1,483	1,173	944
Total Liabilities & Equity	1,986	2,177	1,996	1,613	1,332
Net Cash (Debt)	1,171	1,399	1,324	880	757
Net Cash Growth	-10.61%	5.67%	50.46%	16.25%	-
Net Cash Per Share	604.60	721.72	792.23	550.00	473.13
Filing Date Shares Outstanding	1.93	1.93	1.91	1.6	1.6
Total Common Shares Outstanding	1.93	1.92	1.84	1.6	1.6
Working Capital	1,068	1,217	1,007	644	566
Book Value Per Share	619.86	626.08	514.13	357.50	296.25
Tangible Book Value	1,140	1,191	929	544	450
Tangible Book Value Per Share	589.85	621.38	504.89	340.00	281.25

Source: S&P Capital IQ. Standard template. Financial Sources.