Kushim, Inc. (TYO:2345)

Kushim Balance Sheet

Financials in millions JPY. Fiscal year is November - October.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021
Cash & Equivalents	222	1,541	7,748	1,169	1,692
Short-Term Investments	-	6,775	-	-	-
Cash & Short-Term Investments	222	8,316	7,748	1,169	1,692
Cash Growth	-97.33%	7.33%	562.79%	-30.91%	206.52%
Accounts Receivable	-118	88	224	382	103
Other Receivables	114	-	-	-	-
Receivables	-4	88	224	382	103
Inventory	-	-	-	-	44
Other Current Assets	19	77,066	50,636	1,245	123
Total Current Assets	237	85,470	58,608	2,796	1,962
Property, Plant & Equipment	-	62	64	4	13
Long-Term Investments	-1,764	998	986	1,426	1,241
Goodwill	-	-	845	2,127	188
Other Intangible Assets	-	6	9	4	98
Long-Term Deferred Tax Assets	-	-	49	72	3
Other Long-Term Assets	-	2	2	1	1
Total Assets	533	86,538	60,563	6,430	3,794
Accounts Payable	-	45	46	53	30
Accrued Expenses	-	12	12	11	14
Short-Term Debt	-	30	30	30	30
Current Portion of Long-Term Debt	-	36	155	57	64
Current Income Taxes Payable	33	6	4	60	14
Current Unearned Revenue	-	-	-	-	48
Other Current Liabilities	69	83,318	56,150	73	83
Total Current Liabilities	102	83,447	56,397	284	283
Long-Term Debt	-	1,303	854	221	274
Long-Term Deferred Tax Liabilities	2	349	378	88	114
Other Long-Term Liabilities	1	7	3	4	58
Total Liabilities	105	85,106	57,632	597	729
Common Stock	109	10	50	50	1,545
Additional Paid-In Capital	5,673	5,573	4,855	4,855	1,507
Retained Earnings	-5,350	-3,984	-2,024	718	-263
Treasury Stock	-12	-12	-12	-12	-12
Comprehensive Income & Other	8	-155	62	222	288
Shareholders' Equity	428	1,432	2,931	5,833	3,065
Total Liabilities & Equity	533	86,538	60,563	6,430	3,794
Total Debt	-	1,369	1,039	308	368
Net Cash (Debt)	222	6,947	6,709	861	1,324
Net Cash Growth	-96.80%	3.55%	679.21%	-34.97%	873.53%
Net Cash Per Share	12.53	406.24	455.83	67.52	181.51
Filing Date Shares Outstanding	18.58	17.72	16.01	14.72	8.66
Total Common Shares Outstanding	18.58	17.72	14.72	14.72	7.96
Working Capital	135	2,023	2,211	2,512	1,679
Book Value Per Share	23.04	80.82	199.14	396.31	385.21
Tangible Book Value	428	1,426	2,077	3,702	2,779
Tangible Book Value Per Share	23.04	80.48	141.12	251.53	349.27

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