Neural Group Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	2,115	2,217	670	821	1,112	1,425
Cash & Short-Term Investments	2,115	2,217	670	821	1,112	1,425
Cash Growth	304.40%	230.90%	-18.39%	-26.17%	-21.96%	-
Receivables	530	318	464	409	535	190
Inventory	197	162	207	282	290	120
Other Current Assets	172	173	168	116	93	23
Total Current Assets	3,014	2,870	1,509	1,628	2,030	1,758
Property, Plant & Equipment	62	61	55	65	88	211
Long-Term Investments	295	278	289	294	315	82
Goodwill	853	839	943	1,047	1,151	228
Other Intangible Assets	142	147	172	193	217	139
Long-Term Deferred Tax Assets	74	-	6	62	-	-
Other Long-Term Assets	2	1	2	2	2	1
Total Assets	4,442	4,196	2,976	3,291	3,803	2,419
Accounts Payable	191	53	57	56	64	17
Accrued Expenses	28	4	3	4	8	-
Short-Term Debt	609	600	700	700	700	850
Current Portion of Long-Term Debt	456	465	420	590	488	3
Current Income Taxes Payable	-	131	4	18	3	2
Other Current Liabilities	267	132	342	266	353	117
Total Current Liabilities	1,551	1,385	1,526	1,634	1,616	989
Long-Term Debt	1,077	844	755	1,128	1,665	107
Pension & Post-Retirement Benefits	116	70	66	60	54	-
Long-Term Deferred Tax Liabilities	10	19	13	-	34	-
Other Long-Term Liabilities	2	3	3	2	4	1
Total Liabilities	2,756	2,321	2,363	2,824	3,373	1,097
Common Stock	10	10	12	419	79	64
Additional Paid-In Capital	2,266	2,266	2,375	1,763	1,423	1,408
Retained Earnings	-608	-420	-1,792	-1,731	-1,081	-163
Comprehensive Income & Other	9	11	18	15	9	13
Total Common Equity	1,677	1,867	613	466	430	1,322
Minority Interest	9	8	-	1	-	-
Shareholders' Equity	1,686	1,875	613	467	430	1,322
Total Liabilities & Equity	4,442	4,196	2,976	3,291	3,803	2,419
Total Debt	2,142	1,909	1,875	2,418	2,853	960
Net Cash (Debt)	-27	308	-1,205	-1,597	-1,741	465
Net Cash Per Share	-1.65	19.33	-78.60	-107.21	-121.26	31.40
Filing Date Shares Outstanding	17.19	17.19	15.37	15.33	14.45	14.3
Total Common Shares Outstanding	17.19	17.19	15.34	15.15	14.44	14.3
Working Capital	1,463	1,485	-17	-6	414	769
Book Value Per Share	97.55	108.60	39.96	30.76	29.78	92.47
Tangible Book Value	682	881	-502	-774	-938	955
Tangible Book Value Per Share	39.67	51.25	-32.73	-51.09	-64.96	66.80
Order Backlog	-	-	-	-	51.1	-