KAYAC 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	5,689	5,250	4,780	5,004	4,132	2,458
Cash & Short-Term Investments	5,689	5,250	4,780	5,004	4,132	2,458
Cash Growth	8.42%	9.83%	-4.48%	21.10%	68.10%	-2.19%
Receivables	3,621	4,140	3,446	2,820	3,032	2,290
Inventory	83	129	156	64	101	284
Other Current Assets	426	474	567	521	359	188
Total Current Assets	9,819	9,993	8,949	8,409	7,624	5,220
Property, Plant & Equipment	1,970	2,009	1,587	1,628	1,613	1,522
Long-Term Investments	474	521	925	565	418	379
Goodwill	419	451	884	698	888	361
Other Intangible Assets	361	368	372	205	263	233
Long-Term Deferred Tax Assets	201	213	156	173	159	128
Other Long-Term Assets	1	1	2	2	1	1
Total Assets	13,245	13,556	12,875	11,680	10,966	7,844
Accounts Payable	667	719	676	572	603	540
Accrued Expenses	297	352	354	339	283	279
Short-Term Debt	516	499	450	300	300	300
Current Portion of Long-Term Debt	876	929	826	506	720	615
Current Income Taxes Payable	1,015	1,291	977	1,598	1,659	862
Other Current Liabilities	1,759	1,582	1,489	1,094	719	244
Total Current Liabilities	5,130	5,372	4,772	4,409	4,284	2,840
Long-Term Debt	1,589	1,800	1,991	1,313	1,317	1,379
Other Long-Term Liabilities	90	89	86	28	27	35
Total Liabilities	6,809	7,261	6,849	5,750	5,628	4,254
Common Stock	900	900	900	900	873	537
Additional Paid-In Capital	1,143	1,145	1,144	1,127	1,005	477
Retained Earnings	4,217	4,092	3,471	3,385	2,939	2,216
Treasury Stock	-391	-391	-	-	-	-
Comprehensive Income & Other	50	50	43	44	50	79
Total Common Equity	5,919	5,796	5,558	5,456	4,867	3,309
Minority Interest	517	499	468	474	471	281
Shareholders' Equity	6,436	6,295	6,026	5,930	5,338	3,590
Total Liabilities & Equity	13,245	13,556	12,875	11,680	10,966	7,844
Total Debt	2,981	3,228	3,267	2,119	2,337	2,294
Net Cash (Debt)	2,708	2,022	1,513	2,885	1,795	164
Net Cash Growth	23.20%	33.64%	-47.56%	60.72%	994.51%	-
Net Cash Per Share	170.68	126.05	93.93	178.23	114.02	10.68
Filing Date Shares Outstanding	15.41	15.41	16.11	16.11	15.96	15.25
Total Common Shares Outstanding	15.41	15.41	16.11	16.11	15.95	15.25
Working Capital	4,689	4,621	4,177	4,000	3,340	2,380
Book Value Per Share	384.14	376.16	345.03	338.70	305.07	217.03
Tangible Book Value	5,139	4,977	4,302	4,553	3,716	2,715
Tangible Book Value Per Share	333.52	323.00	267.06	282.64	232.93	178.07
Order Backlog	-	407.75	575.6	308.56	624	809.78

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