Medley Balance Sheet

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	8,575	18,996	15,354	14,422	14,294
Cash & Short-Term Investments	8,575	18,996	15,354	14,422	14,294
Cash Growth	-54.86%	23.72%	6.46%	0.90%	1.72%
Accounts Receivable	2,989	2,810	1,578	1,238	829
Other Receivables	1,881	2,872	1,371	-	-
Receivables	4,870	5,682	2,949	1,238	829
Inventory	604	272	283	166	42
Prepaid Expenses	533	364	251	148	168
Other Current Assets	238	23	95	224	208
Total Current Assets	14,820	25,337	18,932	16,198	15,541
Property, Plant & Equipment	609	490	515	289	166
Long-Term Investments	1,192	1,653	2,414	2,379	1,593
Goodwill	12,861	7,876	1,491	1,029	819
Other Intangible Assets	10,391	9,154	1,708	1,693	1,765
Long-Term Deferred Tax Assets	5	689	361	187	256
Long-Term Deferred Charges	-	-	6	33	66
Other Long-Term Assets	1,374	2	3	2	2
Total Assets	41,252	45,201	25,430	21,810	20,208
Accounts Payable	443	407	317	272	110
Accrued Expenses	414	766	685	430	92
Current Portion of Long-Term Debt	3,786	3,617	731	772	934
Current Income Taxes Payable	244	3,006	2,582	1,493	1,379
Current Unearned Revenue	2,306	-	-	-	-
Other Current Liabilities	4,323	2,766	1,917	1,462	826
Total Current Liabilities	11,516	10,562	6,232	4,429	3,341
Long-Term Debt	12,299	11,564	928	1,604	2,172
Long-Term Deferred Tax Liabilities	2,563	2,629	400	418	518
Other Long-Term Liabilities	75	227	234	191	129
Total Liabilities	26,453	24,982	7,794	6,642	6,160
Common Stock	47	47	47	40	6,695
Additional Paid-In Capital	12,217	14,196	14,812	15,276	8,517
Retained Earnings	7,576	6,601	3,802	1,236	520
Treasury Stock	-4,843	-621	-1,118	-1,764	-1,763
Comprehensive Income & Other	-198	-14	8	292	-1
Total Common Equity	14,799	20,209	17,551	15,080	13,968
Minority Interest	-	10	85	88	80
Shareholders' Equity	14,799	20,219	17,636	15,168	14,048
Total Liabilities & Equity	41,252	45,201	25,430	21,810	20,208
Total Debt	16,085	15,181	1,659	2,376	3,106
Net Cash (Debt)	-7,510	3,815	13,695	12,046	11,188
Net Cash Growth	-	-72.14%	13.69%	7.67%	13.36%
Net Cash Per Share	-234.58	116.73	419.15	368.80	340.81
Filing Date Shares Outstanding	30.9	32.12	32.44	32.19	31.86
Total Common Shares Outstanding	30.9	32.52	32.35	32.1	31.86
Working Capital	3,304	14,775	12,700	11,769	12,200
Book Value Per Share	478.94	621.43	542.46	469.75	438.43
Tangible Book Value	-8,453	3,179	14,352	12,358	11,384
Tangible Book Value Per Share	-273.56	97.75	443.59	384.96	357.32

Source: S&P Global Market Intelligence. Standard template. Financial Sources.