Adways 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	9,836	9,924	10,035	10,188	12,864	9,916
Short-Term Investments	-	-	5	5	5	2,842
Cash & Short-Term Investments	9,836	9,924	10,040	10,193	12,869	12,758
Cash Growth	-5.75%	-1.16%	-1.50%	-20.79%	0.87%	28.30%
Receivables	8,548	7,360	7,675	8,449	9,113	7,945
Inventory	2	3	1	57	29	58
Other Current Assets	918	825	663	1,241	881	1,001
Total Current Assets	19,304	18,112	18,379	19,940	22,892	21,762
Property, Plant & Equipment	1,117	1,139	1,154	1,200	618	316
Long-Term Investments	2,949	2,736	3,252	3,539	4,014	2,812
Goodwill	50	54	54	-	51	77
Other Intangible Assets	211	167	12	132	205	305
Other Long-Term Assets	2	2	1	1	2	2
Total Assets	23,633	22,295	22,884	25,227	27,782	25,274
Accounts Payable	7,213	6,056	6,562	7,807	7,870	7,942
Accrued Expenses	-	-	-	55	6	214
Current Income Taxes Payable	185	276	317	522	1,292	247
Other Current Liabilities	1,721	1,740	1,754	1,958	1,983	1,768
Total Current Liabilities	9,119	8,072	8,633	10,342	11,151	10,171
Pension & Post-Retirement Benefits	22	21	21	16	13	-
Long-Term Deferred Tax Liabilities	75	67	171	62	241	40
Other Long-Term Liabilities	181	179	176	208	57	127
Total Liabilities	9,397	8,339	9,001	10,628	11,462	10,338
Common Stock	1,717	1,717	1,717	1,717	1,716	1,716
Additional Paid-In Capital	5,368	5,368	5,368	5,359	6,947	6,947
Retained Earnings	7,688	7,538	7,388	8,087	7,679	5,366
Treasury Stock	-2,091	-2,091	-2,091	-2,091	-1,809	-167
Comprehensive Income & Other	1,250	1,122	1,230	1,282	1,492	796
Total Common Equity	13,932	13,654	13,612	14,354	16,025	14,658
Minority Interest	304	302	271	245	295	278
Shareholders' Equity	14,236	13,956	13,883	14,599	16,320	14,936
Total Liabilities & Equity	23,633	22,295	22,884	25,227	27,782	25,274
Net Cash (Debt)	9,836	9,924	10,040	10,193	12,869	12,758
Net Cash Growth	-5.75%	-1.16%	-1.50%	-20.79%	0.87%	28.30%
Net Cash Per Share	251.68	253.93	256.89	264.49	321.76	325.29
Filing Date Shares Outstanding	39.08	39.08	39.08	39.08	38.92	40.56
Total Common Shares Outstanding	39.08	39.08	39.08	39.08	39.61	41.81
Working Capital	10,185	10,040	9,746	9,598	11,741	11,591
Book Value Per Share	356.48	349.37	348.29	367.28	404.58	350.59
Tangible Book Value	13,671	13,433	13,546	14,222	15,769	14,276
Tangible Book Value Per Share	349.80	343.71	346.60	363.90	398.12	341.46

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