Soracom 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
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	7,770	8,917	7,697	3,532	1,623
Cash & Short-Term Investments	7,770	8,917	7,697	3,532	1,623
Cash Growth	0.95%	15.85%	117.92%	117.62%	-
Accounts Receivable	1,955	2,424	1,737	887	779
Receivables	1,955	2,424	1,737	887	2,919
Inventory	551	386	388	373	357
Other Current Assets	793	581	272	282	191
Total Current Assets	11,069	12,308	10,094	5,074	5,090
Property, Plant & Equipment	451	85	96	94	61
Long-Term Investments	345	332	329	306	342
Goodwill	739	47	-	-	-
Other Intangible Assets	900	507	282	187	140
Long-Term Deferred Tax Assets	101	105	94	-	-
Long-Term Deferred Charges	13	17	20	-	-
Other Long-Term Assets	2	2	2	2	1
Total Assets	13,620	13,403	10,917	5,663	5,634
Accounts Payable	409	814	579	196	156
Accrued Expenses	49	67	69	42	16
Current Portion of Long-Term Debt	249	249	-	-	-
Current Portion of Leases	6	12	12	8	11
Other Current Liabilities	1,297	1,177	1,801	1,403	1,553
Total Current Liabilities	2,010	2,319	2,461	1,649	1,736
Long-Term Debt	562	687	-	-	-
Long-Term Leases	-	-	12	16	30
Other Long-Term Liabilities	46	44	41	37	29
Total Liabilities	2,618	3,050	2,514	1,702	1,795
Common Stock	2,769	2,746	2,004	100	100
Additional Paid-In Capital	5,821	6,277	5,532	3,627	3,627
Retained Earnings	1,566	855	502	16	-54
Comprehensive Income & Other	465	437	365	218	166
Total Common Equity	10,621	10,315	8,403	3,961	3,839
Minority Interest	381	38	-	-	-
Shareholders' Equity	11,002	10,353	8,403	3,961	3,839
Total Liabilities & Equity	13,620	13,403	10,917	5,663	5,634
Total Debt	817	948	24	24	41
Net Cash (Debt)	6,953	7,969	7,673	3,508	1,582
Net Cash Growth	-9.38%	3.86%	118.73%	121.74%	-
Net Cash Per Share	150.73	168.92	198.62	91.15	41.10
Filing Date Shares Outstanding	45.25	45.24	45.08	38.49	38.49
Total Common Shares Outstanding	45.25	45.15	43.22	38.49	38.49
Working Capital	9,059	9,989	7,633	3,425	3,354
Book Value Per Share	234.72	228.44	194.42	102.92	99.75
Tangible Book Value	8,982	9,761	8,121	3,774	3,699
Tangible Book Value Per Share	198.50	216.17	187.90	98.06	96.11

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