L is B corp. Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,838	1,935	1,089	1,080
Cash & Short-Term Investments	1,838	1,935	1,089	1,080
Cash Growth	68.85%	77.77%	0.75%	-
Receivables	412.4	273	154.83	196.61
Inventory	1.29	5	0.5	0.72
Prepaid Expenses	46.81	-	10.15	13.48
Other Current Assets	3.78	27	0.89	6.86
Total Current Assets	2,302	2,240	1,255	1,298
Property, Plant & Equipment	99.58	103	0.59	-
Long-Term Investments	191.85	241	-	-
Goodwill	43.39	51	-	-
Other Intangible Assets	46.93	49	7.35	-
Long-Term Deferred Tax Assets	23.06	22	-	-
Other Long-Term Assets	61.34	2	16.63	17.19
Total Assets	2,768	2,708	1,279	1,315
Accounts Payable	41.34	18	82.31	30.35
Accrued Expenses	64.7	-	26.8	11.48
Short-Term Debt	20	60	30	-
Current Portion of Long-Term Debt	57.5	263	17.51	11.26
Current Income Taxes Payable	36.47	121	5.87	5.87
Current Unearned Revenue	64.85	-	23.82	-
Other Current Liabilities	90.21	83	7.56	36.73
Total Current Liabilities	375.07	545	193.87	95.68
Long-Term Debt	590.65	435	495.4	312.9
Long-Term Deferred Tax Liabilities	16.31	18	-	-
Other Long-Term Liabilities	0.06	1	-	-
Total Liabilities	982.1	999	689.27	408.59
Common Stock	629.87	629	100	100
Additional Paid-In Capital	2,004	2,003	691.27	691.27
Retained Earnings	-847.27	-924	-983.49	-667
Comprehensive Income & Other	-0	1	782.4	782.4
Shareholders' Equity	1,786	1,709	590.18	906.67
Total Liabilities & Equity	2,768	2,708	1,279	1,315
Total Debt	668.16	758	542.9	324.16
Net Cash (Debt)	1,170	1,177	545.6	756.25
Net Cash Growth	114.40%	115.73%	-27.86%	-
Net Cash Per Share	228.22	240.86	131.30	193.96
Filing Date Shares Outstanding	5.12	5.12	4.16	3.9
Total Common Shares Outstanding	5.12	5.12	4.16	3.9
Working Capital	1,927	1,695	1,061	1,202
Book Value Per Share	348.53	333.48	142.03	232.54
Tangible Book Value	1,696	1,609	582.83	906.67
Tangible Book Value Per Share	330.91	313.96	140.26	232.54
Machinery	-	-	10.04	-

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