MUSCAT GROUP Inc. (TYO:195A)

MUSCAT GROUP Balance Sheet

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023
Cash & Equivalents	748	543	638	196
Cash & Short-Term Investments	748	543	638	196
Cash Growth	-2.73%	-14.89%	225.51%	-
Accounts Receivable	577	504	256	192
Other Receivables	-	-	-	3
Receivables	581	879	256	195
Inventory	989	289	183	122
Prepaid Expenses	55	48	16	13
Other Current Assets	123	96	11	10
Total Current Assets	2,496	1,855	1,104	536
Property, Plant & Equipment	302	565	16	16
Long-Term Investments	93	46	54	77
Goodwill	2,460	762	496	535
Other Intangible Assets	97	63	54	42
Long-Term Deferred Tax Assets	216	143	69	48
Long-Term Deferred Charges	12	18	-	-
Other Long-Term Assets	3	2	1	1
Total Assets	5,765	3,554	1,794	1,255
Accounts Payable	549	87	116	107
Accrued Expenses	24	36	81	86
Short-Term Debt	844	220	75	24
Current Portion of Long-Term Debt	580	370	156	68
Current Portion of Leases	3	1	1	5
Current Income Taxes Payable	209	152	141	73
Other Current Liabilities	190	104	20	12
Total Current Liabilities	2,399	970	590	375
Long-Term Debt	2,316	1,392	449	233
Long-Term Leases	7	2	2	-
Long-Term Deferred Tax Liabilities	-	3	-	-
Other Long-Term Liabilities	22	24	2	6
Total Liabilities	4,744	2,391	1,043	614
Common Stock	269	249	100	100
Additional Paid-In Capital	832	812	662	662
Retained Earnings	-89	100	-11	-121
Comprehensive Income & Other	-	2	-	-
Shareholders' Equity	1,021	1,163	751	641
Total Liabilities & Equity	5,765	3,554	1,794	1,255
Total Debt	3,750	1,985	683	330
Net Cash (Debt)	-3,002	-1,442	-45	-134
Net Cash Per Share	-1003.96	-474.35	-16.43	-49.75
Filing Date Shares Outstanding	3.02	2.97	2.97	2.74
Total Common Shares Outstanding	3.02	2.97	2.74	2.74
Working Capital	97	885	514	161
Book Value Per Share	334.91	391.76	274.18	234.02
Tangible Book Value	-1,545	338	201	64
Tangible Book Value Per Share	-511.30	113.85	73.38	23.37

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