Axelspace Holdings Balance Sheet

Financials in millions JPY. Fiscal year is June - May.

Millions JPY. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Feb '26 Feb 28, 2026	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023
Cash & Equivalents	8,677	5,006	5,142	1,454
Cash & Short-Term Investments	8,677	5,006	5,142	1,454
Cash Growth	68.75%	-2.65%	253.64%	-
Receivables	33	24	48	16
Inventory	806	903	182	166
Other Current Assets	4,370	3,463	1,944	377
Total Current Assets	13,886	9,396	7,316	2,013
Property, Plant & Equipment	1,384	-	-	808
Long-Term Investments	211	126	37	35
Other Intangible Assets	3	-	-	14
Other Long-Term Assets	3	1	-	2
Total Assets	15,487	9,523	7,353	2,872
Accounts Payable	245	204	239	72
Short-Term Debt	418	166	338	122
Current Portion of Long-Term Debt	1,849	222	-	-
Current Income Taxes Payable	344	225	175	163
Other Current Liabilities	1,482	728	1,074	55
Total Current Liabilities	4,338	1,545	1,826	412
Long-Term Debt	3,642	4,949	550	550
Other Long-Term Liabilities	2	2	1	1
Total Liabilities	7,982	6,496	2,377	963
Common Stock	4,067	100	100	100
Additional Paid-In Capital	18,158	14,190	14,190	7,950
Retained Earnings	-14,722	-11,265	-9,314	-6,140
Comprehensive Income & Other	2	2	-	-1
Shareholders' Equity	7,505	3,027	4,976	1,909
Total Liabilities & Equity	15,487	9,523	7,353	2,872
Total Debt	5,909	5,337	888	672
Net Cash (Debt)	2,768	-331	4,254	782
Net Cash Growth	-34.93%	-	443.99%	-
Net Cash Per Share	41.69	-7.63	114.88	25.49
Filing Date Shares Outstanding	66.39	64.05	43.39	30.68
Total Common Shares Outstanding	66.39	43.39	43.39	30.68
Working Capital	9,548	7,851	5,490	1,601
Book Value Per Share	113.04	69.76	114.68	62.22
Tangible Book Value	7,502	3,027	4,976	1,895
Tangible Book Value Per Share	113.00	69.76	114.68	61.76
Order Backlog	-	11,446	-	-