Showcase 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	784	1,233	1,288	1,635	1,875	2,198
Cash & Short-Term Investments	784	1,233	1,288	1,635	1,875	2,198
Cash Growth	11.84%	-4.27%	-21.22%	-12.80%	-14.70%	53.92%
Receivables	1,208	783	553	648	217	199
Inventory	-	845	528	464	1	4
Other Current Assets	38	133	78	247	86	76
Total Current Assets	2,030	2,994	2,447	2,994	2,179	2,477
Property, Plant & Equipment	47	113	64	79	80	85
Long-Term Investments	421	154	189	218	259	222
Goodwill	-	122	338	439	-	-
Other Intangible Assets	22	102	409	271	163	125
Long-Term Deferred Tax Assets	-	-	12	-	-	-
Other Long-Term Assets	1	1	2	1	3	2
Total Assets	2,521	3,486	3,461	4,002	2,684	2,949
Accounts Payable	21	33	33	153	25	25
Accrued Expenses	-	3	4	9	-	-
Short-Term Debt	400	900	809	300	41	-
Current Portion of Long-Term Debt	36	236	236	284	168	328
Current Income Taxes Payable	71	21	3	13	10	14
Other Current Liabilities	89	212	249	251	130	113
Total Current Liabilities	617	1,405	1,334	1,010	374	480
Long-Term Debt	70	722	555	619	84	253
Long-Term Leases	-	-	-	-	36	45
Pension & Post-Retirement Benefits	-	27	42	46	-	-
Long-Term Deferred Tax Liabilities	-	3	-	12	8	-
Other Long-Term Liabilities	53	36	21	41	2	1
Total Liabilities	740	2,193	1,952	1,728	504	779
Common Stock	389	389	50	954	954	953
Additional Paid-In Capital	1,938	1,938	1,620	863	862	862
Retained Earnings	-47	-932	-189	-218	363	354
Treasury Stock	-599	-599	-599	-	-	-
Comprehensive Income & Other	100	-1	-1	-1	1	1
Total Common Equity	1,781	795	881	1,598	2,180	2,170
Minority Interest	-	498	628	676	-	-
Shareholders' Equity	1,781	1,293	1,509	2,274	2,180	2,170
Total Liabilities & Equity	2,521	3,486	3,461	4,002	2,684	2,949
Total Debt	506	1,858	1,600	1,203	329	626
Net Cash (Debt)	278	-625	-312	432	1,546	1,572
Net Cash Growth	-	-	-	-72.06%	-1.65%	345.33%
Net Cash Per Share	33.52	-88.23	-38.64	50.42	180.29	226.46
Filing Date Shares Outstanding	8.57	8.57	6.96	8.57	8.57	8.56
Total Common Shares Outstanding	8.57	8.57	6.96	8.57	8.57	8.56
Working Capital	1,413	1,589	1,113	1,984	1,805	1,997
Book Value Per Share	207.75	92.74	126.61	186.48	254.47	253.45
Tangible Book Value	1,759	571	134	888	2,017	2,045
Tangible Book Value Per Share	205.19	66.61	19.26	103.63	235.45	238.85

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.