FAN Communications 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 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	12,629	14,694	16,917	17,299	16,982	19,362
Short-Term Investments	496.91	393	399	596	299	200
Cash & Short-Term Investments	13,126	15,087	17,316	17,895	17,281	19,562
Cash Growth	-12.33%	-12.87%	-3.24%	3.55%	-11.66%	-5.17%
Receivables	2,621	2,612	3,110	2,868	3,197	2,957
Other Current Assets	437.85	258	359	392	498	456
Total Current Assets	16,184	17,957	20,785	21,155	20,976	22,975
Property, Plant & Equipment	65.72	70	53	92	100	101
Long-Term Investments	3,988	3,781	1,500	1,742	2,447	1,154
Goodwill	401.12	431	555	-	-	-
Other Intangible Assets	423.79	431	461	387	331	423
Long-Term Deferred Tax Assets	-	255	-	-	-	-
Other Long-Term Assets	320.61	2	2	2	1	1
Total Assets	21,383	22,927	23,356	23,378	23,855	24,654
Accounts Payable	3,906	3,938	4,425	4,315	4,458	3,959
Accrued Expenses	73.38	3	4	3	13	3
Current Income Taxes Payable	97.58	589	18	303	485	322
Other Current Liabilities	956.17	701	735	751	808	523
Total Current Liabilities	5,033	5,231	5,182	5,372	5,764	4,807
Other Long-Term Liabilities	115.12	117	116	118	138	143
Total Liabilities	5,148	5,348	5,298	5,490	5,902	4,950
Common Stock	1,190	1,189	1,173	1,173	1,173	1,173
Additional Paid-In Capital	294.27	294	278	278	278	278
Retained Earnings	14,801	15,952	21,212	21,052	21,150	20,962
Treasury Stock	-206.15	-	-4,779	-4,779	-4,754	-2,799
Comprehensive Income & Other	155.96	144	174	164	106	90
Shareholders' Equity	16,235	17,579	18,058	17,888	17,953	19,704
Total Liabilities & Equity	21,383	22,927	23,356	23,378	23,855	24,654
Net Cash (Debt)	13,126	15,087	17,316	17,895	17,281	19,562
Net Cash Growth	-12.33%	-12.87%	-3.24%	3.55%	-11.66%	-5.17%
Net Cash Per Share	199.27	227.58	261.38	270.11	251.42	270.40
Filing Date Shares Outstanding	65.87	66.1	66.25	66.25	66.25	70.62
Total Common Shares Outstanding	65.87	66.31	66.25	66.25	66.31	70.9
Working Capital	11,151	12,726	15,603	15,783	15,212	18,168
Book Value Per Share	246.47	265.10	272.58	270.01	270.74	277.90
Tangible Book Value	15,410	16,717	17,042	17,501	17,622	19,281
Tangible Book Value Per Share	233.94	252.10	257.24	264.17	265.75	271.93