Neural Group Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	2,139	670	821	1,112	1,425
Cash & Short-Term Investments	2,139	670	821	1,112	1,425
Cash Growth	290.33%	-18.39%	-26.17%	-21.96%	-
Receivables	435	464	409	535	190
Inventory	171	207	282	290	120
Other Current Assets	78	168	116	93	23
Total Current Assets	2,823	1,509	1,628	2,030	1,758
Property, Plant & Equipment	51	55	65	88	211
Long-Term Investments	286	289	294	315	82
Goodwill	865	943	1,047	1,151	228
Other Intangible Assets	153	172	193	217	139
Long-Term Deferred Tax Assets	-	6	62	-	-
Other Long-Term Assets	2	2	2	2	1
Total Assets	4,180	2,976	3,291	3,803	2,419
Accounts Payable	44	57	56	64	17
Accrued Expenses	13	3	4	8	-
Short-Term Debt	600	700	700	700	850
Current Portion of Long-Term Debt	441	420	590	488	3
Current Income Taxes Payable	-	4	18	3	2
Other Current Liabilities	229	342	266	353	117
Total Current Liabilities	1,327	1,526	1,634	1,616	989
Long-Term Debt	821	755	1,128	1,665	107
Pension & Post-Retirement Benefits	67	66	60	54	-
Long-Term Deferred Tax Liabilities	23	13	-	34	-
Other Long-Term Liabilities	2	3	2	4	1
Total Liabilities	2,240	2,363	2,824	3,373	1,097
Common Stock	700	12	419	79	64
Additional Paid-In Capital	3,063	2,375	1,763	1,423	1,408
Retained Earnings	-1,844	-1,792	-1,731	-1,081	-163
Comprehensive Income & Other	21	18	15	9	13
Total Common Equity	1,940	613	466	430	1,322
Minority Interest	-	-	1	-	-
Shareholders' Equity	1,940	613	467	430	1,322
Total Liabilities & Equity	4,180	2,976	3,291	3,803	2,419
Total Debt	1,862	1,875	2,418	2,853	960
Net Cash (Debt)	277	-1,205	-1,597	-1,741	465
Net Cash Per Share	17.91	-78.60	-107.21	-121.26	31.40
Filing Date Shares Outstanding	17.19	15.37	15.33	14.45	14.3
Total Common Shares Outstanding	17.19	15.34	15.15	14.44	14.3
Working Capital	1,496	-17	-6	414	769
Book Value Per Share	112.85	39.96	30.76	29.78	92.47
Tangible Book Value	922	-502	-774	-938	955
Tangible Book Value Per Share	53.63	-32.73	-51.09	-64.96	66.80
Order Backlog	-	-	-	51.1	-

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