A.D.Works Group Balance Sheet

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	8,813	10,129	9,810	7,425	8,433	7,400
Cash & Short-Term Investments	8,813	10,129	9,810	7,425	8,433	7,400
Cash Growth	9.56%	3.25%	32.12%	-11.95%	13.96%	-
Receivables	153	109	116	146	1,248	199
Inventory	37,633	36,557	38,414	41,488	28,926	24,566
Other Current Assets	2,556	1,906	1,953	2,676	2,171	2,234
Total Current Assets	49,155	48,701	50,293	51,735	40,778	34,399
Property, Plant & Equipment	9,113	9,106	6,558	156	182	175
Long-Term Investments	906	924	1,073	1,031	593	712
Goodwill	287	295	327	-	42	59
Other Intangible Assets	171	152	102	84	38	49
Long-Term Deferred Tax Assets	629	618	477	320	378	400
Long-Term Deferred Charges	9	12	23	30	33	54
Other Long-Term Assets	1	1	1	3	3	2
Total Assets	60,271	59,809	58,854	53,359	42,047	35,850
Accounts Payable	903	933	1,258	640	574	718
Accrued Expenses	101	204	254	-	-	-
Short-Term Debt	674	432	779	71	253	30
Current Portion of Long-Term Debt	4,022	4,339	7,404	4,093	1,932	1,870
Current Income Taxes Payable	446	718	661	60	208	133
Other Current Liabilities	3,406	3,510	4,692	4,235	3,282	2,663
Total Current Liabilities	9,552	10,136	15,048	9,099	6,249	5,414
Long-Term Debt	31,696	30,889	26,626	28,350	20,892	17,115
Other Long-Term Liabilities	26	25	15	54	90	105
Total Liabilities	41,274	41,050	41,689	37,503	27,231	22,634
Common Stock	6,284	6,283	6,262	6,232	6,084	5,590
Additional Paid-In Capital	5,370	5,368	5,346	5,328	5,100	4,601
Retained Earnings	6,623	6,146	4,980	3,952	3,589	3,383
Treasury Stock	-262	-288	-235	-295	-50	-62
Comprehensive Income & Other	972	1,230	781	591	64	-296
Total Common Equity	18,987	18,739	17,134	15,808	14,787	13,216
Minority Interest	10	20	31	48	29	-
Shareholders' Equity	18,997	18,759	17,165	15,856	14,816	13,216
Total Liabilities & Equity	60,271	59,809	58,854	53,359	42,047	35,850
Total Debt	36,392	35,660	34,809	32,514	23,077	19,015
Net Cash (Debt)	-27,579	-25,531	-24,999	-25,089	-14,644	-11,615
Net Cash Per Share	-566.85	-524.53	-520.36	-538.74	-337.48	-293.93
Filing Date Shares Outstanding	48.14	48.02	47.99	47.22	46.71	41.1
Total Common Shares Outstanding	48.14	48.01	47.97	47.22	46.71	40.5
Working Capital	39,603	38,565	35,245	42,636	34,529	28,985
Book Value Per Share	394.43	390.31	357.21	334.80	316.59	326.36
Tangible Book Value	18,529	18,292	16,705	15,724	14,707	13,108
Tangible Book Value Per Share	384.92	381.00	348.26	333.02	314.88	323.69

Updated Feb 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.