Axel Mark Balance Sheet

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

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Sep '25 Sep 30, 2025	Sep '20 Sep 30, 2020	Sep '19 Sep 30, 2019	Sep '18 Sep 30, 2018	Sep '17 Sep 30, 2017
Cash & Equivalents	919	406	1,174	740	969
Cash & Short-Term Investments	919	406	1,174	740	969
Cash Growth	126.35%	-65.42%	58.65%	-23.63%	-28.06%
Accounts Receivable	65	229	350	391	274
Receivables	68	229	350	391	274
Inventory	48	-	5	5	2
Prepaid Expenses	33	-	-	-	-
Other Current Assets	25	46	44	71	67
Total Current Assets	1,093	681	1,573	1,207	1,312
Property, Plant & Equipment	19	20	39	46	53
Long-Term Investments	102	109	160	104	112
Goodwill	62	-	-	-	-
Other Intangible Assets	9	3	158	638	204
Long-Term Deferred Tax Assets	12	-	-	-	-
Other Long-Term Assets	2	2	2	1	1
Total Assets	1,325	815	1,932	1,996	1,682
Accounts Payable	39	174	230	198	149
Accrued Expenses	23	40	88	86	87
Current Portion of Long-Term Debt	356	150	300	164	33
Current Income Taxes Payable	62	29	80	131	66
Other Current Liabilities	19	19	27	17	51
Total Current Liabilities	499	412	725	596	386
Long-Term Debt	19	575	925	450	614
Long-Term Deferred Tax Liabilities	1	-	-	-	-
Other Long-Term Liabilities	3	-	2	-	1
Total Liabilities	522	987	1,652	1,046	1,001
Common Stock	627	1,407	1,221	953	563
Additional Paid-In Capital	1,452	1,961	1,774	1,507	1,117
Retained Earnings	-1,285	-3,537	-2,712	-1,512	-1,001
Comprehensive Income & Other	9	-3	-3	2	1
Total Common Equity	803	-172	280	950	680
Minority Interest	-	-	-	-	1
Shareholders' Equity	803	-172	280	950	681
Total Liabilities & Equity	1,325	815	1,932	1,996	1,682
Total Debt	375	725	1,225	614	647
Net Cash (Debt)	544	-319	-51	126	322
Net Cash Growth	-	-	-	-60.87%	-51.72%
Net Cash Per Share	35.34	-48.52	-9.87	27.55	73.67
Filing Date Shares Outstanding	19.59	6.82	6.03	4.85	4.37
Total Common Shares Outstanding	19.49	6.82	6.03	4.85	4.37
Working Capital	594	269	848	611	926
Book Value Per Share	41.19	-25.23	46.45	195.80	155.58
Tangible Book Value	732	-175	122	312	476
Tangible Book Value Per Share	37.55	-25.67	20.24	64.31	108.90

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