GMO Pepabo Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2,202	2,817	2,760	2,559	2,370
Short-Term Investments	3,550	2,100	1,600	1,050	1,250
Cash & Short-Term Investments	5,752	4,917	4,360	3,609	3,620
Cash Growth	16.98%	12.78%	20.81%	-0.30%	-0.06%
Accounts Receivable	2,157	1,288	1,051	2,315	2,591
Other Receivables	35	1,521	1,620	1,934	464
Receivables	2,192	2,809	2,671	4,249	3,055
Inventory	2	6	8	15	9
Prepaid Expenses	1,376	1,403	1,404	1,317	-
Other Current Assets	125	117	125	121	259
Total Current Assets	9,447	9,252	8,568	9,311	6,943
Property, Plant & Equipment	590	775	843	651	426
Long-Term Investments	756	754	721	730	946
Other Intangible Assets	477	579	675	734	553
Long-Term Deferred Tax Assets	49	57	66	8	-
Other Long-Term Assets	1	1	1	1	2
Total Assets	11,320	11,418	10,874	11,435	8,870
Accounts Payable	316	265	258	248	271
Accrued Expenses	102	138	70	59	23
Short-Term Debt	-	-	-	1,200	-
Current Portion of Long-Term Debt	200	200	200	-	-
Current Portion of Leases	162	173	157	90	37
Current Income Taxes Payable	2,001	2,132	2,060	2,192	2,297
Other Current Liabilities	5,219	5,261	5,168	4,649	3,066
Total Current Liabilities	8,000	8,169	7,913	8,438	5,694
Long-Term Debt	300	500	700	-	-
Long-Term Leases	195	317	420	281	134
Long-Term Deferred Tax Liabilities	-	-	-	-	61
Other Long-Term Liabilities	27	44	31	27	30
Total Liabilities	8,522	9,030	9,064	8,746	5,919
Common Stock	262	262	262	262	262
Additional Paid-In Capital	256	256	256	256	254
Retained Earnings	2,775	2,199	1,608	2,500	2,502
Treasury Stock	-573	-393	-393	-393	-333
Comprehensive Income & Other	78	64	77	64	243
Total Common Equity	2,798	2,388	1,810	2,689	2,928
Minority Interest	-	-	-	-	23
Shareholders' Equity	2,798	2,388	1,810	2,689	2,951
Total Liabilities & Equity	11,320	11,418	10,874	11,435	8,870
Total Debt	857	1,190	1,477	1,571	171
Net Cash (Debt)	4,895	3,727	2,883	2,038	3,449
Net Cash Growth	31.34%	29.28%	41.46%	-40.91%	-4.78%
Net Cash Per Share	939.95	706.27	546.33	385.04	648.27
Filing Date Shares Outstanding	5.16	5.27	5.28	5.28	5.32
Total Common Shares Outstanding	5.16	5.28	5.28	5.28	5.31
Working Capital	1,447	1,083	655	873	1,249
Book Value Per Share	542.43	452.53	343.00	509.57	551.73
Tangible Book Value	2,321	1,809	1,135	1,955	2,375
Tangible Book Value Per Share	449.95	342.81	215.08	370.47	447.52

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