Synspective 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
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
Cash & Equivalents	19,988	24,542	14,239	4,468	6,603
Cash & Short-Term Investments	19,988	24,542	14,239	4,468	6,603
Cash Growth	50.29%	72.36%	218.69%	-32.33%	-
Accounts Receivable	1,466	173	30	19	-310
Other Receivables	-	-	-	303	653
Receivables	1,466	173	30	322	343
Inventory	10	161	113	202	59
Other Current Assets	1,036	1,665	1,871	988	445
Total Current Assets	22,500	26,541	16,253	5,980	7,450
Property, Plant & Equipment	23,856	21,169	11,732	5,253	2,391
Long-Term Investments	327	211	174	68	43
Other Intangible Assets	1,007	748	35	12	6
Long-Term Deferred Tax Assets	670	702	-	-	-
Other Long-Term Assets	1	2	1	1	3
Total Assets	48,361	49,373	28,195	11,314	9,893
Short-Term Debt	3,190	2,790	1,000	1,000	500
Current Portion of Long-Term Debt	1,907	1,283	195	91	-
Current Income Taxes Payable	56	184	126	15	4
Other Current Liabilities	1,384	1,013	908	399	1,296
Total Current Liabilities	6,537	5,270	2,229	1,505	1,800
Long-Term Debt	4,521	5,309	6,093	1,938	1
Other Long-Term Liabilities	-	2	-	1	-
Total Liabilities	11,058	10,581	8,322	3,444	1,801
Common Stock	16,972	16,952	7,679	100	100
Additional Paid-In Capital	24,636	24,615	15,343	9,323	14,288
Retained Earnings	-5,684	-3,953	-3,582	-1,548	-6,293
Comprehensive Income & Other	1,379	1,178	433	-5	-3
Shareholders' Equity	37,303	38,792	19,873	7,870	8,092
Total Liabilities & Equity	48,361	49,373	28,195	11,314	9,893
Total Debt	9,618	9,382	7,288	3,029	501
Net Cash (Debt)	10,370	15,160	6,951	1,439	6,102
Net Cash Growth	94.49%	118.10%	383.04%	-76.42%	-
Net Cash Per Share	85.65	130.92	82.77	19.50	86.02
Filing Date Shares Outstanding	131.73	131.88	111.44	73.8	70.94
Total Common Shares Outstanding	131.73	131.57	108.25	73.8	70.94
Working Capital	15,963	21,271	14,024	4,475	5,650
Book Value Per Share	283.18	294.83	183.59	106.63	114.08
Tangible Book Value	36,296	38,044	19,838	7,858	8,086
Tangible Book Value Per Share	275.54	289.15	183.26	106.47	113.99
Order Backlog	-	24,961	5,362	-	-