Financial Information

Balance Sheets

Consolidated

(thousands of yen)

	2024/12	2025/12
Assets
Current assets
Cash and deposits	32,531,102	31,442,433
Notes and accounts receivable - trade	4,949,938	5,502,719
Work in process	9,314,260	12,543,180
Raw materials and supplies	6,448,506	4,651,192
Other	1,922,379	2,855,820
Allowance for doubtful accounts	-594,613	-219,675
Total current assets	54,571,573	56,775,671
Non-current assets
Property, plant and equipment
Buildings and structures	9,241,125	9,479,850
Accumulated depreciation	-1,758,923	-2,358,605
Buildings and structures, net	7,482,202	7,121,244
Machinery, equipment and vehicles	4,004,222	3,649,150
Accumulated depreciation	-1,726,366	-1,604,427
Machinery, equipment and vehicles, net	2,277,855	2,044,723
Land	4,150,031	4,182,101
Leased assets	109,079	111,787
Accumulated depreciation	-83,497	-96,910
Leased assets, net	25,582	14,876
Construction in progress	50,614	4,956
Other	595,054	609,594
Accumulated depreciation	-429,000	-465,443
Other, net	166,054	144,151
Total property, plant and equipment	14,152,339	13,512,053
Intangible assets
Goodwill	154,351	-
Other	56,005	34,236
Total intangible assets	210,357	34,236
Investments and other assets
Investment securities	430,562	4,182,727
Investments in capital	9,043,674	9,084,687
Deferred tax assets	625,991	335,139
Other	2,405,247	2,461,941
Allowance for doubtful accounts	-	-240,056
Total investments and other assets	12,505,476	15,824,438
Total non-current assets	26,868,173	29,370,727
Total assets	81,439,746	86,146,398
Liabilities
Current liabilities
Notes and accounts payable - trade	1,082,895	4,238,992
Short-term borrowings	400,000	400,000
Lease liabilities	14,112	9,949
Income taxes payable	770,569	260,351
Contract liabilities	9,731,388	11,494,190
Provision for bonuses	304,330	401,984
Provision for product warranties	214,254	205,306
Other	2,248,859	2,870,836
Total current liabilities	14,766,410	19,881,610
Non-current liabilities
Lease liabilities	12,221	5,837
Deferred tax liabilities	2,625,003	3,265,882
Retirement benefit liability	238,215	234,459
Asset retirement obligations	2,352	2,276
Other interest-bearing liabilities	4,636,951	4,989,365
Other	156,767	160,348
Total non-current liabilities	7,671,512	8,658,169
Total liabilities	22,437,922	28,539,779
Net assets
Shareholders' equity
Share capital	400,000	400,000
Capital surplus	9,477,663	8,995,187
Retained earnings	44,437,904	44,449,525
Treasury shares	-4,335,231	-7,567,988
Total shareholders' equity	49,980,336	46,276,724
Accumulated other comprehensive income
Valuation difference on available-for-sale securities	698,055	3,087,329
Foreign currency translation adjustment	8,010,497	8,017,110
Total accumulated other comprehensive income	8,708,553	11,104,440
Non-controlling interests	312,934	225,454
Total net assets	59,001,823	57,606,618
Total liabilities and net assets	81,439,746	86,146,398