Billing System 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	27,758	27,819	23,803	19,576	13,578	14,882
Cash & Short-Term Investments	27,758	27,819	23,803	19,576	13,578	14,882
Cash Growth	16.09%	16.87%	21.59%	44.17%	-8.76%	69.27%
Accounts Receivable	518	536	456	376	334	283
Receivables	518	536	456	376	335	284
Inventory	86	99	82	90	40	45
Other Current Assets	1,300	1,286	1,218	857	834	544
Total Current Assets	29,662	29,740	25,559	20,899	14,787	15,755
Property, Plant & Equipment	84	87	101	119	34	48
Long-Term Investments	210	172	122	132	218	92
Other Intangible Assets	101	89	131	113	89	103
Long-Term Deferred Tax Assets	-	58	40	27	33	24
Other Long-Term Assets	2	-	1	1	-	1
Total Assets	30,059	30,146	25,954	21,291	15,161	16,023
Accounts Payable	299	280	262	203	144	87
Current Income Taxes Payable	87	188	284	123	178	159
Other Current Liabilities	26,365	26,360	22,391	18,275	12,406	13,675
Total Current Liabilities	26,802	26,828	22,937	18,601	12,728	13,921
Other Long-Term Liabilities	36	42	59	77	70	8
Total Liabilities	26,838	26,870	22,996	18,678	12,798	13,929
Common Stock	1,237	1,237	1,237	1,237	1,237	1,237
Additional Paid-In Capital	83	83	83	83	83	83
Retained Earnings	1,944	1,926	1,659	1,328	1,090	830
Treasury Stock	-218	-148	-148	-148	-148	-148
Comprehensive Income & Other	33	34	1	1	1	1
Total Common Equity	3,079	3,132	2,832	2,501	2,263	2,003
Minority Interest	142	144	126	112	100	91
Shareholders' Equity	3,221	3,276	2,958	2,613	2,363	2,094
Total Liabilities & Equity	30,059	30,146	25,954	21,291	15,161	16,023
Net Cash (Debt)	27,758	27,819	23,803	19,576	13,578	14,882
Net Cash Growth	20.16%	16.87%	21.59%	44.17%	-8.76%	69.27%
Net Cash Per Share	4417.40	4423.17	3784.62	3112.53	2158.86	2338.03
Filing Date Shares Outstanding	6.27	6.25	6.29	6.29	6.29	6.29
Total Common Shares Outstanding	6.27	6.29	6.29	6.29	6.29	6.29
Working Capital	2,860	2,912	2,622	2,298	2,059	1,834
Book Value Per Share	491.30	497.98	450.28	397.65	359.81	318.47
Tangible Book Value	2,978	3,043	2,701	2,388	2,174	1,900
Tangible Book Value Per Share	475.19	483.83	429.45	379.69	345.66	302.09

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