M3, Inc. 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	144,314	134,933	149,661	118,319	104,253	89,144
Cash & Short-Term Investments	144,314	134,933	149,661	118,319	104,253	89,144
Cash Growth	16.66%	-9.84%	26.49%	13.49%	16.95%	85.92%
Receivables	75,199	65,047	51,928	50,537	50,879	43,676
Prepaid Expenses	-	4,408	3,651	2,763	2,219	2,184
Other Current Assets	53,037	39,037	35,499	31,852	41,523	29,105
Total Current Assets	272,550	243,425	240,739	203,471	198,874	164,109
Property, Plant & Equipment	53,625	48,609	26,446	19,034	12,540	12,198
Long-Term Investments	79,788	75,415	70,991	63,667	49,527	17,266
Goodwill	125,839	111,635	95,511	71,342	57,821	52,854
Other Intangible Assets	104,362	94,884	51,573	40,711	25,081	23,019
Long-Term Deferred Tax Assets	8,190	7,774	5,521	2,420	2,137	3,676
Other Long-Term Assets	-1	-1	-1	-	1	1
Total Assets	644,353	581,741	490,780	400,645	345,981	273,123
Accounts Payable	55,900	49,941	38,877	32,864	28,978	20,557
Accrued Expenses	-	3,524	2,871	2,400	2,248	2,159
Short-Term Debt	3,802	3,078	2,031	-	-	-
Current Portion of Leases	-	5,073	3,433	3,269	2,927	3,598
Current Income Taxes Payable	8,973	15,679	15,165	16,255	17,056	19,477
Other Current Liabilities	25,508	4,819	4,792	4,792	6,007	4,517
Total Current Liabilities	94,183	82,114	67,169	59,580	57,216	50,308
Long-Term Debt	29,999	21,342	16,483	-	-	-
Long-Term Leases	-	21,924	9,836	7,113	5,370	5,420
Pension & Post-Retirement Benefits	-	3,268	3,374	2,941	2,747	2,416
Long-Term Deferred Tax Liabilities	37,847	35,118	20,328	16,805	13,479	5,132
Other Long-Term Liabilities	28,126	5,176	6,889	4,688	3,216	2,587
Total Liabilities	190,155	168,942	124,079	91,127	82,028	65,863
Common Stock	29,420	29,351	29,317	29,192	29,129	29,036
Additional Paid-In Capital	29,846	28,753	26,616	25,081	29,704	32,214
Retained Earnings	317,340	289,848	263,570	231,214	192,912	137,151
Treasury Stock	-3,692	-37	-37	-37	-36	-36
Comprehensive Income & Other	43,859	30,521	32,449	17,180	6,131	1,448
Total Common Equity	416,773	378,436	351,915	302,630	257,840	199,813
Minority Interest	37,425	34,363	14,786	6,888	6,113	7,447
Shareholders' Equity	454,198	412,799	366,701	309,518	263,953	207,260
Total Liabilities & Equity	644,353	581,741	490,780	400,645	345,981	273,123
Total Debt	33,801	51,417	31,783	10,382	8,297	9,018
Net Cash (Debt)	110,513	83,516	117,878	107,937	95,956	80,126
Net Cash Growth	11.36%	-29.15%	9.21%	12.49%	19.76%	91.44%
Net Cash Per Share	162.91	122.96	173.49	158.89	141.25	117.95
Filing Date Shares Outstanding	677.54	678.76	679.02	678.92	678.87	678.74
Total Common Shares Outstanding	677.54	679.03	679.02	678.92	678.86	678.74
Working Capital	178,367	161,311	173,570	143,891	141,658	113,801
Book Value Per Share	615.13	557.32	518.27	445.75	379.81	294.39
Tangible Book Value	186,572	171,917	204,831	190,577	174,938	123,940
Tangible Book Value Per Share	275.37	253.18	301.66	280.71	257.69	182.60

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