Money Forward, Inc. (TYO:3994)

Money Forward Balance Sheet

Financials in millions JPY. Fiscal year is December - November.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2026	Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021
Cash & Equivalents	39,148	40,972	45,251	38,855	26,712	36,220
Short-Term Investments	8,683	4,880	-	-	-	-
Cash & Short-Term Investments	47,831	45,852	45,251	38,855	26,712	36,220
Cash Growth	11.13%	1.33%	16.46%	45.46%	-26.25%	306.10%
Receivables	18,390	18,414	15,236	13,480	9,456	6,710
Inventory	251.73	87	20	12	20	21
Other Current Assets	5,170	8,916	5,823	2,650	2,627	1,074
Total Current Assets	71,642	73,269	66,330	54,997	38,815	44,025
Property, Plant & Equipment	5,322	1,596	1,065	1,163	731	537
Long-Term Investments	23,766	25,865	21,748	18,656	15,463	6,274
Goodwill	12,250	6,731	3,381	3,843	4,504	3,068
Other Intangible Assets	23,542	20,103	13,665	9,622	6,472	3,037
Other Long-Term Assets	2,570	3	2	1	1	1
Total Assets	139,354	127,567	106,191	88,282	65,986	56,942

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2026	Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021
Accounts Payable	365.27	235	292	370	341	212
Accrued Expenses	321.76	2,680	2,460	1,897	1,600	942
Short-Term Debt	6,063	5,254	10,062	4,937	8,240	4,700
Current Portion of Long-Term Debt	6,579	5,600	4,485	3,488	2,295	1,713
Current Income Taxes Payable	400.31	11,660	11,288	8,783	5,555	2,172
Current Unearned Revenue	11,797	-	-	-	-	1,722
Other Current Liabilities	19,116	21,038	10,944	11,305	5,933	815
Total Current Liabilities	46,727	46,467	39,531	30,780	23,964	12,276
Long-Term Debt	28,387	22,994	20,896	21,947	6,367	2,141
Pension & Post-Retirement Benefits	6.07	5	6	6	4	2
Long-Term Deferred Tax Liabilities	1,960	1,761	-	-	-	-
Other Long-Term Liabilities	1,115	478	1,084	891	571	192
Total Liabilities	80,884	71,705	61,517	53,624	30,906	14,611

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2026	Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021
Common Stock	28,056	27,836	27,290	26,716	26,316	25,775
Additional Paid-In Capital	17,870	18,530	15,159	7,595	15,804	17,233
Retained Earnings	-7,270	-7,690	-8,993	-8,378	-10,693	-2,755
Treasury Stock	-1.94	-1	-1	-1	-1	-
Comprehensive Income & Other	6,212	5,167	3,980	2,393	1,206	276
Total Common Equity	44,866	43,842	37,435	28,325	32,632	40,529
Minority Interest	13,604	12,020	7,239	6,333	2,448	1,802
Shareholders' Equity	58,470	55,862	44,674	34,658	35,080	42,331
Total Liabilities & Equity	139,354	127,567	106,191	88,282	65,986	56,942

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2026	Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021
Total Debt	45,803	33,848	35,443	30,372	16,902	8,554
Net Cash (Debt)	2,028	12,004	9,808	8,483	9,810	27,666
Net Cash Growth	-76.89%	22.39%	15.62%	-13.53%	-64.54%	1065.38%
Net Cash Per Share	36.28	216.21	180.22	157.14	183.17	559.47
Filing Date Shares Outstanding	55.46	55.31	55.03	54.29	53.77	53.35
Total Common Shares Outstanding	55.46	55.32	54.63	54.12	53.77	53.35
Working Capital	24,915	26,802	26,799	24,217	14,851	31,749
Book Value Per Share	809.00	792.50	685.19	523.37	606.91	759.74
Tangible Book Value	9,074	17,008	20,389	14,860	21,656	34,424
Tangible Book Value Per Share	163.61	307.44	373.19	274.57	402.77	645.30

Data Source: S&P Global Market Intelligence Last updated: Oct 15, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 19, 2026

Data Sources Report a data error