MIGALO HOLDINGS 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	8,901	6,895	8,898	6,819	7,908	5,191
Cash & Short-Term Investments	8,901	6,895	8,898	6,819	7,908	5,191
Cash Growth	-0.82%	-22.51%	30.49%	-13.77%	52.34%	-
Accounts Receivable	614.26	579	509	325	170	-
Other Receivables	-	-	-	401	2	-
Receivables	614.26	579	509	726	172	-
Inventory	44,073	44,218	36,330	33,828	21,955	21,133
Prepaid Expenses	-	152	152	127	65	71
Other Current Assets	671.16	613	534	349	484	398
Total Current Assets	54,259	52,457	46,423	41,849	30,584	26,793
Property, Plant & Equipment	338.3	185	153	174	185	194
Long-Term Investments	-	471	694	782	715	564
Goodwill	-	759	605	-	-	-
Other Intangible Assets	1,199	212	203	410	353	308
Long-Term Deferred Tax Assets	-	421	366	224	143	100
Other Long-Term Assets	768.41	1	2	2	2	2
Total Assets	56,565	54,506	48,446	43,441	31,982	27,961
Accounts Payable	1,359	1,220	1,947	2,180	1,172	2,345
Accrued Expenses	28.63	513	629	472	412	314
Short-Term Debt	8,037	10,164	9,719	9,833	4,272	3,758
Current Portion of Long-Term Debt	7,687	8,898	8,160	7,845	2,759	5,481
Current Income Taxes Payable	165.31	1,005	975	954	879	505
Current Unearned Revenue	-	-	-	49	29	25
Other Current Liabilities	2,755	1,784	1,732	1,262	1,099	602
Total Current Liabilities	20,031	23,584	23,162	22,595	10,622	13,030
Long-Term Debt	20,978	19,318	14,522	11,126	13,026	7,699
Long-Term Deferred Tax Liabilities	-	-	50	-	-	-
Other Long-Term Liabilities	423.65	331	257	151	115	83
Total Liabilities	41,438	43,233	37,991	33,872	23,763	20,812
Common Stock	1,558	79	73	617	616	609
Additional Paid-In Capital	2,072	600	1,098	535	534	559
Retained Earnings	11,304	10,499	9,108	8,286	6,907	5,898
Treasury Stock	-48.89	-48	-48	-48	-	-
Comprehensive Income & Other	45.96	47	125	86	88	83
Total Common Equity	14,931	11,177	10,356	9,476	8,145	7,149
Minority Interest	196.24	96	99	93	74	-
Shareholders' Equity	15,127	11,273	10,455	9,569	8,219	7,149
Total Liabilities & Equity	56,565	54,506	48,446	43,441	31,982	27,961
Total Debt	36,701	38,380	32,401	28,804	20,057	16,938
Net Cash (Debt)	-27,801	-31,485	-23,503	-21,985	-12,149	-11,747
Net Cash Per Share	-432.41	-532.49	-403.04	-374.48	-206.76	-201.32
Filing Date Shares Outstanding	64.29	58.53	58.37	58.16	58.45	58.22
Total Common Shares Outstanding	64.29	58.52	58.37	58.16	58.46	58.22
Working Capital	34,228	28,873	23,261	19,254	19,962	13,763
Book Value Per Share	232.23	191.00	177.41	162.94	139.34	122.80
Tangible Book Value	13,732	10,206	9,548	9,066	7,792	6,841
Tangible Book Value Per Share	213.58	174.40	163.57	155.89	133.30	117.51

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