Consolidated Balance Sheets

*The THK Group decided to adopt IFRS beginning with the 2019 fiscal year.

Millions of yen

ASSETS
	'18/12	'19/12 (IFRS)	'20/12 (IFRS)	'21/12 (IFRS)	'22/12 (IFRS)
Total Current Assets	288,340	271,764	274,495	313,922	352,942
Cash and Cash Equivalents	134,513	149,091	158,839	151,430	163,835
Trade and Other Receivables	92,695	63,734	59,505	86,293	96,665
Inventories	50,065	48,120	47,237	64,378	77,630
Other	11,065	10,818	8,913	11,819	14,810
Non-current Assets	175,009	197,180	185,678	202,163	207,361
Property, Plant and Equipment	129,695	155,055	145,922	158,135	172,342
Goodwill and Intangible Assets	28,106	21,440	18,779	18,744	9,321
Other	17,207	20,684	20,976	25,282	25,698
Total Assets	463,350	468,945	460,173	516,086	560,304
LIABILITIES
Total Current Liabilities	98,237	78,663	58,500	78,599	103,162
Trade and Other Payables	49,023	42,825	40,293	49,984	51,631
Bonds and Borrowings	12,185	22,228	2,244	2,545	22,961
Other	37,027	13,610	15,962	26,069	28,569
Total Non-current Liabilities	70,394	99,149	126,524	123,197	119,860
Bonds and Borrowings	55,295	73,041	100,325	99,212	97,917
Other	15,098	26,107	26,199	23,984	21,943
Equity
Common Stock	34,606	34,606	34,606	34,606	34,606
Capital Surplus	40,420	40,413	40,413	40,413	40,094
Retained Earnings	220,787	230,927	219,712	233,607	245,941
Treasury Stock	14,002	14,004	14,006	11,237	17,160
Other	1,794	11,598	14,235	7,165	28,406
Non-controlling Interests	11,113	10,787	8,657	9733	5,393
Total Equity	294,719	291,132	275,148	314,289	337,281
Total Liabilities and Equity	463,350	468,945	460,173	516,086	560,304