Sapeet Balance Sheet

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

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022
Cash & Equivalents	254	213.33	220.23	156.35	178.03
Cash & Short-Term Investments	254	213.33	220.23	156.35	178.03
Cash Growth	-1.93%	-3.13%	40.85%	-12.18%	-
Accounts Receivable	128	144.29	94.5	61.43	36.13
Other Receivables	-	0.14	-	2.94	-
Receivables	128	144.42	94.5	64.37	36.13
Prepaid Expenses	16	19.73	14.21	9.84	8.76
Other Current Assets	66	0.14	1.49	3.12	3.35
Total Current Assets	464	377.62	330.43	233.68	226.27
Property, Plant & Equipment	23	20.86	15.3	6.65	0.04
Other Intangible Assets	159	146.93	82.01	-	-
Long-Term Deferred Tax Assets	28	28.83	-	-	-
Other Long-Term Assets	2	23.47	24.29	25.1	-
Total Assets	700	597.71	452.02	265.44	226.3
Accounts Payable	64	34.61	22.07	12.34	10.71
Accrued Expenses	13	32.18	20.03	12.78	9.9
Short-Term Debt	-	-	200	450	260
Current Portion of Long-Term Debt	-	-	-	2.34	3.12
Current Income Taxes Payable	41	0.53	5.71	0.18	0.18
Current Unearned Revenue	-	6.86	6.67	10.97	22.13
Other Current Liabilities	28	25.25	29.8	29.73	23.75
Total Current Liabilities	146	99.42	284.27	518.34	329.79
Long-Term Debt	-	-	-	-	2.08
Other Long-Term Liabilities	1	-	-	-	-0
Total Liabilities	147	99.42	284.27	518.34	331.87
Common Stock	10	10	232.86	8	8
Additional Paid-In Capital	715	715.2	232.35	7.5	7.5
Retained Earnings	-171	-227	-297.54	-268.48	-121.07
Comprehensive Income & Other	-1	0.08	0.08	0.08	-
Shareholders' Equity	553	498.29	167.75	-252.9	-105.57
Total Liabilities & Equity	700	597.71	452.02	265.44	226.3
Total Debt	-	-	200	452.34	265.2
Net Cash (Debt)	254	213.33	20.23	-295.99	-87.17
Net Cash Growth	-1.93%	954.61%	-	-	-
Net Cash Per Share	148.80	127.75	16.47	-266.39	-78.45
Filing Date Shares Outstanding	1.58	1.58	1.58	1.39	1.11
Total Common Shares Outstanding	1.58	1.58	1.39	1.39	1.11
Working Capital	318	278.2	46.16	-284.66	-103.53
Book Value Per Share	350.64	315.95	120.80	-182.11	-95.01
Tangible Book Value	394	351.36	85.74	-252.9	-105.57
Tangible Book Value Per Share	249.83	222.79	61.74	-182.11	-95.01
Machinery	-	25.6	16.88	7.7	1.05

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