Axelspace Holdings Balance Sheet

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

Millions JPY. Fiscal year is Jun - May.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023
Period Ending	May '26 May 31, 2026	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023
Cash & Equivalents	5,815	5,006	5,142	1,454
Cash & Short-Term Investments	5,815	5,006	5,142	1,454
Cash Growth	16.16%	-2.65%	253.64%	-
Receivables	14	24	48	16
Inventory	461	903	182	166
Other Current Assets	4,735	3,463	1,944	377
Total Current Assets	11,025	9,396	7,316	2,013
Property, Plant & Equipment	3,364	-	-	808
Long-Term Investments	202	126	37	35
Other Intangible Assets	17	-	-	14
Other Long-Term Assets	1	1	-	2
Total Assets	14,609	9,523	7,353	2,872
Accounts Payable	569	204	239	72
Short-Term Debt	-	166	338	122
Current Portion of Long-Term Debt	2,007	222	-	-
Current Income Taxes Payable	492	225	175	163
Other Current Liabilities	1,285	728	1,074	55
Total Current Liabilities	4,353	1,545	1,826	412
Long-Term Debt	3,262	4,949	550	550
Other Long-Term Liabilities	1	2	1	1
Total Liabilities	7,616	6,496	2,377	963
Common Stock	4,103	100	100	100
Additional Paid-In Capital	18,193	14,190	14,190	7,950
Retained Earnings	-15,322	-11,265	-9,314	-6,140
Comprehensive Income & Other	19	2	-	-1
Shareholders' Equity	6,993	3,027	4,976	1,909
Total Liabilities & Equity	14,609	9,523	7,353	2,872
Total Debt	5,269	5,337	888	672
Net Cash (Debt)	546	-331	4,254	782
Net Cash Growth	-	-	443.99%	-
Net Cash Per Share	8.86	-7.63	114.88	25.49
Filing Date Shares Outstanding	66.64	64.05	43.39	30.68
Total Common Shares Outstanding	66.64	43.39	43.39	30.68
Working Capital	6,672	7,851	5,490	1,601
Book Value Per Share	104.94	69.76	114.68	62.22
Tangible Book Value	6,976	3,027	4,976	1,895
Tangible Book Value Per Share	104.68	69.76	114.68	61.76
Order Backlog	-	11,446	-	-