Ceres Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	12,766	11,574	8,112	6,547	6,842	6,087
Cash & Short-Term Investments	15,351	11,574	8,112	6,547	6,842	6,087
Cash Growth	14.77%	42.68%	23.90%	-4.31%	12.40%	54.45%
Receivables	3,176	6,247	6,581	6,273	5,166	4,583
Inventory	1,856	2,051	554	460	247	258
Other Current Assets	4,634	3,978	2,339	1,133	908	589
Total Current Assets	25,017	23,850	17,586	14,413	13,163	11,517
Property, Plant & Equipment	666.98	779	361	263	261	296
Long-Term Investments	3,441	5,220	4,801	4,679	4,797	2,350
Goodwill	2,722	1,331	1,537	1,743	1,034	938
Other Intangible Assets	271.32	156	192	386	144	457
Long-Term Deferred Tax Assets	-	1,638	1,435	1,111	835	667
Other Long-Term Assets	5,217	2	3	2	-	2
Total Assets	37,336	32,976	25,915	22,597	20,234	16,227
Accounts Payable	804.11	865	783	832	934	1,024
Accrued Expenses	60.4	65	30	30	50	30
Short-Term Debt	4,374	4,428	3,413	2,450	1,850	1,300
Current Portion of Long-Term Debt	2,080	1,995	1,635	1,263	994	973
Current Portion of Leases	-	-	-	-	2	2
Current Income Taxes Payable	1,761	1,887	1,434	1,344	1,639	1,657
Other Current Liabilities	10,937	7,612	6,156	4,639	3,455	2,485
Total Current Liabilities	20,018	16,852	13,451	10,558	8,924	7,471
Long-Term Debt	3,094	3,090	2,314	2,172	1,369	1,543
Long-Term Leases	-	-	-	-	-	2
Other Long-Term Liabilities	342.44	315	106	172	123	121
Total Liabilities	23,454	20,257	15,871	12,902	10,416	9,137
Common Stock	2,159	2,125	2,046	2,025	1,944	1,857
Additional Paid-In Capital	3,442	3,266	2,567	2,547	2,465	2,378
Retained Earnings	7,673	5,972	4,719	4,496	4,899	2,321
Treasury Stock	-307.96	-307	-307	-307	-307	-307
Comprehensive Income & Other	229.41	91	159	121	73	265
Total Common Equity	13,195	11,147	9,184	8,882	9,074	6,514
Minority Interest	686.7	1,572	860	813	744	576
Shareholders' Equity	13,882	12,719	10,044	9,695	9,818	7,090
Total Liabilities & Equity	37,336	32,976	25,915	22,597	20,234	16,227
Total Debt	9,549	9,513	7,362	5,885	4,215	3,820
Net Cash (Debt)	5,802	2,061	750	662	2,627	2,267
Net Cash Growth	57.14%	174.80%	13.29%	-74.80%	15.88%	141.43%
Net Cash Per Share	502.84	179.48	65.77	58.39	230.29	201.06
Filing Date Shares Outstanding	11.54	11.51	11.41	11.39	11.25	11
Total Common Shares Outstanding	11.54	11.51	11.41	11.39	11.24	11
Working Capital	5,000	6,998	4,135	3,855	4,239	4,046
Book Value Per Share	1143.48	968.43	804.68	779.89	807.48	592.36
Tangible Book Value	10,201	9,660	7,455	6,753	7,896	5,119
Tangible Book Value Per Share	884.04	839.24	653.19	592.95	702.65	465.51

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