MarkLines 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	3,802	6,060	5,521	4,752	3,951
Cash & Short-Term Investments	3,802	6,060	5,521	4,752	3,951
Cash Growth	-37.26%	9.76%	16.18%	20.27%	19.69%
Receivables	289	385	232	310	225
Inventory	78	96	39	10	12
Prepaid Expenses	73	37	33	29	28
Other Current Assets	54	83	47	42	71
Total Current Assets	4,296	6,661	5,872	5,143	4,287
Property, Plant & Equipment	1,194	1,200	650	377	33
Long-Term Investments	3,168	759	873	495	601
Other Intangible Assets	106	87	55	33	35
Long-Term Deferred Tax Assets	43	45	32	47	34
Other Long-Term Assets	1	1	2	1	2
Total Assets	8,808	8,753	7,484	6,096	4,992
Accounts Payable	111	113	91	78	54
Accrued Expenses	95	90	78	65	61
Current Income Taxes Payable	458	362	400	327	301
Other Current Liabilities	1,556	1,560	1,401	1,181	977
Total Current Liabilities	2,220	2,125	1,970	1,651	1,393
Pension & Post-Retirement Benefits	13	11	9	7	4
Other Long-Term Liabilities	1	1	2	2	2
Total Liabilities	2,234	2,137	1,981	1,660	1,399
Common Stock	372	372	371	371	370
Additional Paid-In Capital	290	290	289	289	288
Retained Earnings	6,738	5,853	4,751	3,751	2,915
Treasury Stock	-1,000	-	-	-	-
Comprehensive Income & Other	135	101	92	25	20
Total Common Equity	6,535	6,616	5,503	4,436	3,593
Minority Interest	39	-	-	-	-
Shareholders' Equity	6,574	6,616	5,503	4,436	3,593
Total Liabilities & Equity	8,808	8,753	7,484	6,096	4,992
Net Cash (Debt)	3,802	6,060	5,521	4,752	3,951
Net Cash Growth	-37.26%	9.76%	16.18%	20.27%	19.69%
Net Cash Per Share	290.60	458.12	417.39	359.27	298.72
Filing Date Shares Outstanding	12.75	13.23	13.21	13.21	13.21
Total Common Shares Outstanding	12.75	13.23	13.21	13.21	13.21
Working Capital	2,076	4,536	3,902	3,492	2,894
Book Value Per Share	512.69	500.14	416.43	335.69	272.02
Tangible Book Value	6,429	6,529	5,448	4,403	3,558
Tangible Book Value Per Share	504.37	493.56	412.27	333.19	269.37
Order Backlog	54.85	145.12	121.03	83.2	76.42

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