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	-	134,933	149,661	118,319	104,253	89,144
Cash & Short-Term Investments	-	134,933	149,661	118,319	104,253	89,144
Cash Growth	-	-9.84%	26.49%	13.49%	16.95%	85.92%
Receivables	-	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	-	39,037	35,499	31,852	41,523	29,105
Total Current Assets	-	243,425	240,739	203,471	198,874	164,109
Property, Plant & Equipment	-	48,609	26,446	19,034	12,540	12,198
Long-Term Investments	-	75,415	70,991	63,667	49,527	17,266
Goodwill	-	111,635	95,511	71,342	57,821	52,854
Other Intangible Assets	-	94,884	51,573	40,711	25,081	23,019
Long-Term Deferred Tax Assets	-	7,774	5,521	2,420	2,137	3,676
Other Long-Term Assets	-	-1	-1	-	1	1
Total Assets	-	581,741	490,780	400,645	345,981	273,123
Accounts Payable	-	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	-	3,078	2,031	-	-	-
Current Portion of Leases	-	5,073	3,433	3,269	2,927	3,598
Current Income Taxes Payable	-	15,679	15,165	16,255	17,056	19,477
Other Current Liabilities	-	4,819	4,792	4,792	6,007	4,517
Total Current Liabilities	-	82,114	67,169	59,580	57,216	50,308
Long-Term Debt	-	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	-	35,118	20,328	16,805	13,479	5,132
Other Long-Term Liabilities	-	5,176	6,889	4,688	3,216	2,587
Total Liabilities	-	168,942	124,079	91,127	82,028	65,863
Common Stock	-	29,351	29,317	29,192	29,129	29,036
Additional Paid-In Capital	-	28,753	26,616	25,081	29,704	32,214
Retained Earnings	-	289,848	263,570	231,214	192,912	137,151
Treasury Stock	-	-37	-37	-37	-36	-36
Comprehensive Income & Other	-	30,521	32,449	17,180	6,131	1,448
Total Common Equity	-	378,436	351,915	302,630	257,840	199,813
Minority Interest	-	34,363	14,786	6,888	6,113	7,447
Shareholders' Equity	-	412,799	366,701	309,518	263,953	207,260
Total Liabilities & Equity	-	581,741	490,780	400,645	345,981	273,123
Total Debt	-	51,417	31,783	10,382	8,297	9,018
Net Cash (Debt)	-	83,516	117,878	107,937	95,956	80,126
Net Cash Growth	-	-29.15%	9.21%	12.49%	19.76%	91.44%
Net Cash Per Share	-	122.96	173.49	158.89	141.25	117.95
Filing Date Shares Outstanding	677.31	678.76	679.02	678.92	678.87	678.74
Total Common Shares Outstanding	677.31	679.03	679.02	678.92	678.86	678.74
Working Capital	-	161,311	173,570	143,891	141,658	113,801
Book Value Per Share	-	557.32	518.27	445.75	379.81	294.39
Tangible Book Value	-	171,917	204,831	190,577	174,938	123,940
Tangible Book Value Per Share	-	253.18	301.66	280.71	257.69	182.60

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