Axel Mark Balance Sheet

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

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Mar '26 Mar 31, 2026	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	240	919	406	1,174	740	969
Cash & Short-Term Investments	240	919	406	1,174	740	969
Cash Growth	-68.08%	126.35%	-65.42%	58.65%	-23.63%	-28.06%
Accounts Receivable	21	65	229	350	391	274
Receivables	54	68	229	350	391	274
Inventory	82	48	-	5	5	2
Prepaid Expenses	30	33	-	-	-	-
Other Current Assets	15	25	46	44	71	67
Total Current Assets	421	1,093	681	1,573	1,207	1,312
Property, Plant & Equipment	17	19	20	39	46	53
Long-Term Investments	-31	102	109	160	104	112
Goodwill	35	62	-	-	-	-
Other Intangible Assets	-	9	3	158	638	204
Long-Term Deferred Tax Assets	28	12	-	-	-	-
Other Long-Term Assets	1	2	2	2	1	1
Total Assets	560	1,325	815	1,932	1,996	1,682
Accounts Payable	28	39	174	230	198	149
Accrued Expenses	24	23	40	88	86	87
Current Portion of Long-Term Debt	-	356	150	300	164	33
Current Income Taxes Payable	37	62	29	80	131	66
Other Current Liabilities	31	19	19	27	17	51
Total Current Liabilities	120	499	412	725	596	386
Long-Term Debt	-	19	575	925	450	614
Long-Term Deferred Tax Liabilities	2	1	-	-	-	-
Other Long-Term Liabilities	2	3	-	2	-	1
Total Liabilities	124	522	987	1,652	1,046	1,001
Common Stock	659	627	1,407	1,221	953	563
Additional Paid-In Capital	1,484	1,452	1,961	1,774	1,507	1,117
Retained Earnings	-1,737	-1,285	-3,537	-2,712	-1,512	-1,001
Comprehensive Income & Other	30	9	-3	-3	2	1
Total Common Equity	436	803	-172	280	950	680
Minority Interest	-	-	-	-	-	1
Shareholders' Equity	436	803	-172	280	950	681
Total Liabilities & Equity	560	1,325	815	1,932	1,996	1,682
Total Debt	-	375	725	1,225	614	647
Net Cash (Debt)	240	544	-319	-51	126	322
Net Cash Growth	-	-	-	-	-60.87%	-51.72%
Net Cash Per Share	12.67	35.34	-48.52	-9.87	27.55	73.67
Filing Date Shares Outstanding	20.03	19.59	6.82	6.03	4.85	4.37
Total Common Shares Outstanding	20.03	19.49	6.82	6.03	4.85	4.37
Working Capital	301	594	269	848	611	926
Book Value Per Share	21.77	41.19	-25.23	46.45	195.80	155.58
Tangible Book Value	401	732	-175	122	312	476
Tangible Book Value Per Share	20.02	37.55	-25.67	20.24	64.31	108.90