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 2025	FY 2024	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,590	1,779	1,935	1,089	1,080
Cash & Short-Term Investments	1,590	1,779	1,935	1,089	1,080
Cash Growth	-18.86%	-8.06%	77.77%	0.75%	-
Receivables	515	399	273	154.83	196.61
Inventory	3	1	5	0.5	0.72
Prepaid Expenses	-	-	-	10.15	13.48
Other Current Assets	58	57	27	0.89	6.86
Total Current Assets	2,166	2,236	2,240	1,255	1,298
Property, Plant & Equipment	107	108	103	0.59	-
Long-Term Investments	472	497	241	-	-
Goodwill	473	486	51	-	-
Other Intangible Assets	58	50	49	7.35	-
Long-Term Deferred Tax Assets	56	48	22	-	-
Other Long-Term Assets	1	-	2	16.63	17.19
Total Assets	3,333	3,425	2,708	1,279	1,315
Accounts Payable	30	24	18	82.31	30.35
Accrued Expenses	10	20	-	26.8	11.48
Short-Term Debt	-	30	60	30	-
Current Portion of Long-Term Debt	136	144	263	17.51	11.26
Current Income Taxes Payable	111	155	121	5.87	5.87
Current Unearned Revenue	-	-	-	23.82	-
Other Current Liabilities	116	121	83	7.56	36.73
Total Current Liabilities	403	494	545	193.87	95.68
Long-Term Debt	1,000	1,065	435	495.4	312.9
Long-Term Deferred Tax Liabilities	13	15	18	-	-
Other Long-Term Liabilities	4	4	1	-	-
Total Liabilities	1,420	1,578	999	689.27	408.59
Common Stock	629	629	629	100	100
Additional Paid-In Capital	2,003	2,003	2,003	691.27	691.27
Retained Earnings	-720	-785	-924	-983.49	-667
Comprehensive Income & Other	1	-	1	782.4	782.4
Shareholders' Equity	1,913	1,847	1,709	590.18	906.67
Total Liabilities & Equity	3,333	3,425	2,708	1,279	1,315
Total Debt	1,136	1,239	758	542.9	324.16
Net Cash (Debt)	454	540	1,177	545.6	756.25
Net Cash Growth	-63.94%	-54.12%	115.73%	-27.86%	-
Net Cash Per Share	88.59	105.37	240.86	131.30	193.96
Filing Date Shares Outstanding	5.12	5.12	5.12	4.16	3.9
Total Common Shares Outstanding	5.12	5.12	5.12	4.16	3.9
Working Capital	1,763	1,742	1,695	1,061	1,202
Book Value Per Share	373.28	360.40	333.48	142.03	232.54
Tangible Book Value	1,382	1,311	1,609	582.83	906.67
Tangible Book Value Per Share	269.67	255.81	313.96	140.26	232.54
Machinery	-	-	-	10.04	-