Softmax 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	2,859	3,117	3,453	2,922	2,851	2,761
Cash & Short-Term Investments	2,859	3,117	3,453	2,922	2,851	2,761
Cash Growth	16.65%	-9.73%	18.17%	2.49%	3.26%	-2.06%
Receivables	1,718	1,512	1,342	1,811	1,580	936
Inventory	312	716	702	77	221	156
Prepaid Expenses	104	114	77	65	64	55
Other Current Assets	247	33	66	3	9	3
Total Current Assets	5,240	5,492	5,640	4,878	4,725	3,911
Property, Plant & Equipment	1,047	1,046	1,074	1,053	1,064	1,075
Long-Term Investments	2,543	2,391	641	601	607	629
Other Intangible Assets	35	39	30	39	35	36
Long-Term Deferred Tax Assets	-	159	150	145	117	110
Other Long-Term Assets	1	2	-	2	1	2
Total Assets	8,866	9,129	7,535	6,718	6,549	5,763
Accounts Payable	1,219	1,574	1,625	1,219	1,393	831
Accrued Expenses	71	1	1	1	-	-
Short-Term Debt	1,350	1,350	1,250	1,150	1,150	1,150
Current Portion of Long-Term Debt	84	84	17	17	17	23
Current Portion of Leases	-	-	1	2	2	2
Current Income Taxes Payable	96	393	363	366	298	409
Current Unearned Revenue	-	17	7	7	7	6
Other Current Liabilities	554	125	110	83	98	65
Total Current Liabilities	3,374	3,544	3,374	2,845	2,965	2,486
Long-Term Debt	1,022	1,043	144	162	179	197
Long-Term Leases	-	-	-	1	4	7
Pension & Post-Retirement Benefits	495	490	470	460	434	426
Other Long-Term Liabilities	124	127	30	31	31	27
Total Liabilities	5,015	5,204	4,018	3,499	3,613	3,143
Common Stock	448	448	442	442	437	429
Additional Paid-In Capital	309	309	303	303	298	290
Retained Earnings	3,096	3,167	2,774	2,474	2,201	1,901
Comprehensive Income & Other	-2	1	-2	-	-	-
Shareholders' Equity	3,851	3,925	3,517	3,219	2,936	2,620
Total Liabilities & Equity	8,866	9,129	7,535	6,718	6,549	5,763
Total Debt	2,456	2,477	1,412	1,332	1,352	1,379
Net Cash (Debt)	403	640	2,041	1,590	1,499	1,382
Net Cash Growth	-72.09%	-68.64%	28.37%	6.07%	8.47%	24.50%
Net Cash Per Share	14.12	26.64	340.22	265.24	250.69	231.69
Filing Date Shares Outstanding	24.05	24.05	6	6	5.99	5.97
Total Common Shares Outstanding	24.05	24.05	6	6	5.99	5.97
Working Capital	1,866	1,948	2,266	2,033	1,760	1,425
Book Value Per Share	160.13	163.21	586.26	536.58	490.51	439.01
Tangible Book Value	3,816	3,886	3,487	3,180	2,901	2,584
Tangible Book Value Per Share	158.67	161.58	581.26	530.08	484.66	432.98
Order Backlog	-	3,183	3,454	1,937	1,546	1,661

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