m-up holdings Balance Sheet

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	10,922	12,327	8,780	6,929	6,732	4,740
Short-Term Investments	-	-	-	-	10	80
Cash & Short-Term Investments	10,922	12,327	8,780	6,929	6,742	4,820
Cash Growth	14.94%	40.40%	26.71%	2.77%	39.88%	-1.03%
Accounts Receivable	3,307	2,262	2,561	1,866	1,940	1,430
Other Receivables	-	1,444	865	809	-	-
Receivables	3,307	3,706	3,426	2,675	1,940	1,430
Inventory	65	66	41	27	19	36
Prepaid Expenses	2,404	1,410	-	-	-	-
Other Current Assets	3,452	2,234	2,614	1,801	1,362	1,286
Total Current Assets	20,150	19,743	14,861	11,432	10,063	7,572
Property, Plant & Equipment	1,260	1,318	1,204	993	1,078	759
Long-Term Investments	4,858	2,401	2,254	2,301	1,660	1,940
Goodwill	-	-	109	327	546	764
Other Intangible Assets	254	276	590	899	456	395
Long-Term Deferred Tax Assets	-	829	418	363	250	245
Other Long-Term Assets	3	1	2	1	1	2
Total Assets	26,525	24,667	19,549	16,442	14,185	11,761
Accounts Payable	7,145	6,957	4,853	4,571	4,407	2,789
Accrued Expenses	271	420	233	231	196	150
Current Income Taxes Payable	1,763	1,981	2,444	947	778	1,656
Other Current Liabilities	7,434	6,349	4,666	3,897	3,261	2,509
Total Current Liabilities	16,613	15,707	12,196	9,646	8,642	7,104
Long-Term Deferred Tax Liabilities	31	39	77	90	98	155
Other Long-Term Liabilities	150	137	136	51	50	49
Total Liabilities	16,794	15,883	12,409	9,787	8,790	7,308
Common Stock	317	317	317	317	317	310
Additional Paid-In Capital	3,846	3,862	3,815	3,816	3,709	3,688
Retained Earnings	6,013	4,955	3,776	2,656	1,816	1,047
Treasury Stock	-1,282	-791	-440	-200	-202	-202
Comprehensive Income & Other	-525	-605	-1,088	-395	-509	-554
Total Common Equity	8,369	7,738	6,380	6,194	5,131	4,289
Minority Interest	1,362	1,046	760	461	264	164
Shareholders' Equity	9,731	8,784	7,140	6,655	5,395	4,453
Total Liabilities & Equity	26,525	24,667	19,549	16,442	14,185	11,761
Net Cash (Debt)	10,922	12,327	8,780	6,929	6,742	4,820
Net Cash Growth	14.94%	40.40%	26.71%	2.77%	39.88%	-1.03%
Net Cash Per Share	153.39	172.48	121.67	95.82	93.27	66.16
Filing Date Shares Outstanding	70.94	71.02	71.59	72.31	72.31	72.25
Total Common Shares Outstanding	70.94	71.33	71.92	72.31	72.31	72.25
Working Capital	3,537	4,036	2,665	1,786	1,421	468
Book Value Per Share	117.98	108.49	88.71	85.65	70.96	59.36
Tangible Book Value	8,115	7,462	5,681	4,968	4,129	3,130
Tangible Book Value Per Share	114.40	104.62	78.99	68.70	57.10	43.32

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.