Innovation 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	3,389	3,576	3,280	2,295	2,180	1,997
Cash & Short-Term Investments	3,389	3,576	3,280	2,295	2,180	1,997
Cash Growth	14.88%	9.02%	42.92%	5.27%	9.16%	199.85%
Accounts Receivable	787	1,082	861	586	704	500
Other Receivables	87	-	7	139	-	-
Receivables	874	1,082	868	725	704	500
Inventory	38	38	-	-	-	-
Prepaid Expenses	219	201	45	39	54	30
Other Current Assets	78	78	20	25	76	62
Total Current Assets	4,598	4,975	4,213	3,084	3,014	2,589
Property, Plant & Equipment	129	74	31	16	19	22
Long-Term Investments	239	314	157	414	424	300
Goodwill	1,330	1,438	-	-	-	-
Other Intangible Assets	1,435	1,447	189	178	215	133
Long-Term Deferred Tax Assets	104	70	86	100	92	88
Long-Term Deferred Charges	-	1	-	-	-	-
Other Long-Term Assets	2	2	2	3	2	2
Total Assets	7,837	8,321	4,678	3,795	3,769	3,137
Accounts Payable	218	262	282	156	183	165
Accrued Expenses	235	206	197	177	174	138
Short-Term Debt	33	2,200	-	-	-	-
Current Portion of Long-Term Debt	564	225	99	-	-	-
Current Income Taxes Payable	57	132	108	57	195	146
Other Current Liabilities	799	723	198	202	175	144
Total Current Liabilities	1,906	3,748	884	592	727	593
Long-Term Debt	1,963	175	200	-	-	-
Long-Term Deferred Tax Liabilities	269	287	-	-	-	-
Other Long-Term Liabilities	49	45	28	23	21	13
Total Liabilities	4,187	4,255	1,112	615	748	606
Common Stock	410	1,241	1,211	1,113	1,001	991
Additional Paid-In Capital	2,019	1,168	1,187	1,089	981	970
Retained Earnings	559	1,107	1,151	1,005	1,040	592
Treasury Stock	-81	-89	-25	-31	-37	-40
Comprehensive Income & Other	42	-41	3	-14	-6	1
Total Common Equity	2,949	3,386	3,527	3,162	2,979	2,514
Minority Interest	701	680	39	18	42	17
Shareholders' Equity	3,650	4,066	3,566	3,180	3,021	2,531
Total Liabilities & Equity	7,837	8,321	4,678	3,795	3,769	3,137
Total Debt	2,560	2,600	299	-	-	-
Net Cash (Debt)	829	976	2,981	2,295	2,180	1,997
Net Cash Growth	-69.59%	-67.26%	29.89%	5.27%	9.16%	208.66%
Net Cash Per Share	312.09	365.49	1148.33	919.93	921.05	911.06
Filing Date Shares Outstanding	2.67	2.65	2.68	2.56	2.47	2.35
Total Common Shares Outstanding	2.67	2.65	2.65	2.49	2.36	2.35
Working Capital	2,692	1,227	3,329	2,492	2,287	1,996
Book Value Per Share	1104.28	1279.51	1331.68	1270.63	1264.68	1071.88
Tangible Book Value	184	501	3,338	2,984	2,764	2,381
Tangible Book Value Per Share	68.90	189.32	1260.32	1199.10	1173.41	1015.17

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.