Path Corporation 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	Dec '25 Dec 31, 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	137	154	296	172	345	205
Short-Term Investments	10	179	-	-	-	-
Cash & Short-Term Investments	147	333	296	172	345	205
Cash Growth	12.21%	12.50%	72.09%	-50.14%	68.29%	-18.33%
Accounts Receivable	220	231	243	271	114	-131
Other Receivables	-	-	1	2	41	2
Receivables	220	231	244	273	155	201
Inventory	747	831	787	667	584	478
Other Current Assets	349	145	39	81	84	71
Total Current Assets	1,463	1,540	1,366	1,193	1,168	955
Property, Plant & Equipment	1,666	1,424	203	127	35	28
Long-Term Investments	187	39	34	29	30	28
Goodwill	195	241	70	95	37	48
Other Intangible Assets	8	6	2	3	1	4
Other Long-Term Assets	2	2	2	3	-	2
Total Assets	3,521	3,252	1,677	1,450	1,271	1,065
Accounts Payable	113	182	268	114	91	160
Accrued Expenses	7	17	18	16	13	17
Short-Term Debt	95	95	-	-	500	-
Current Portion of Long-Term Debt	34	41	-	-	-	-
Current Income Taxes Payable	136	125	120	150	153	140
Other Current Liabilities	57	97	49	63	45	75
Total Current Liabilities	442	557	455	343	802	392
Long-Term Debt	594	156	-	-	-	-
Long-Term Deferred Tax Liabilities	-	12	5	1	-	-
Other Long-Term Liabilities	68	53	18	7	-	-
Total Liabilities	1,104	778	478	351	802	392
Common Stock	2,084	1,851	1,134	988	599	332
Additional Paid-In Capital	3,145	2,912	2,090	1,944	1,458	1,191
Retained Earnings	-2,827	-2,308	-2,031	-1,855	-1,599	-854
Comprehensive Income & Other	15	19	6	22	11	4
Total Common Equity	2,417	2,474	1,199	1,099	469	673
Shareholders' Equity	2,417	2,474	1,199	1,099	469	673
Total Liabilities & Equity	3,521	3,252	1,677	1,450	1,271	1,065
Total Debt	723	292	-	-	500	-
Net Cash (Debt)	-576	41	296	172	-155	205
Net Cash Growth	-	-86.15%	72.09%	-	-	-18.33%
Net Cash Per Share	-7.68	0.65	5.57	3.67	-4.35	6.99
Filing Date Shares Outstanding	77.28	74.75	58.71	51.51	45.38	33.17
Total Common Shares Outstanding	77.28	73.38	56.31	51.51	36.94	31.63
Working Capital	1,021	983	911	850	366	563
Book Value Per Share	31.28	33.72	21.29	21.34	12.69	21.28
Tangible Book Value	2,214	2,227	1,127	1,001	431	621
Tangible Book Value Per Share	28.65	30.35	20.01	19.43	11.67	19.64

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