VALUE GOLF Inc. (TYO:3931)

VALUE GOLF Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Cash & Equivalents	861	885	1,261	1,159	1,167	978
Cash & Short-Term Investments	861	885	1,261	1,159	1,167	978
Cash Growth	-18.85%	-29.82%	8.80%	-0.69%	19.32%	46.85%
Receivables	363	319	252	240	252	275
Inventory	1,378	690	712	784	637	502
Other Current Assets	332	299	172	114	104	57
Total Current Assets	2,934	2,193	2,397	2,297	2,160	1,812
Property, Plant & Equipment	43	30	52	35	40	42
Long-Term Investments	234	238	136	136	126	134
Goodwill	100	123	-	-	-	17
Other Intangible Assets	41	38	21	16	15	9
Long-Term Deferred Tax Assets	-	24	27	22	27	44
Other Long-Term Assets	1	1	1	2	1	1
Total Assets	3,353	2,647	2,634	2,508	2,369	2,059
Accounts Payable	272	190	193	182	227	191
Short-Term Debt	1,400	750	850	650	550	390
Current Portion of Long-Term Debt	27	29	15	43	56	86
Current Income Taxes Payable	8	68	79	94	133	100
Other Current Liabilities	354	292	178	197	98	121
Total Current Liabilities	2,061	1,329	1,315	1,166	1,064	888
Long-Term Debt	143	164	123	138	182	159
Long-Term Deferred Tax Liabilities	-	1	-	-	-	-
Other Long-Term Liabilities	34	29	34	29	29	32
Total Liabilities	2,238	1,523	1,472	1,333	1,275	1,079
Common Stock	382	382	382	382	382	378
Additional Paid-In Capital	374	374	374	374	374	371
Retained Earnings	353	362	402	415	335	229
Comprehensive Income & Other	6	6	4	4	3	2
Shareholders' Equity	1,115	1,124	1,162	1,175	1,094	980
Total Liabilities & Equity	3,353	2,647	2,634	2,508	2,369	2,059
Total Debt	1,570	943	988	831	788	635
Net Cash (Debt)	-709	-58	273	328	379	343
Net Cash Growth	-	-	-16.77%	-13.46%	10.50%	-
Net Cash Per Share	-392.40	-32.10	151.10	181.54	210.02	191.35
Filing Date Shares Outstanding	1.81	1.81	1.81	1.81	1.81	1.8
Total Common Shares Outstanding	1.81	1.81	1.81	1.81	1.81	1.79
Working Capital	873	864	1,082	1,131	1,096	924
Book Value Per Share	617.11	622.09	643.12	650.32	605.49	546.72
Tangible Book Value	974	963	1,141	1,159	1,079	954
Tangible Book Value Per Share	539.07	532.98	631.50	641.46	597.19	532.21

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