Plus Alpha Consulting Balance Sheet

Financials in millions JPY. Fiscal year is October - September.

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '21 Sep 30, 2021	Sep '20 Sep 30, 2020
Cash & Equivalents	14,664	10,189	8,278	4,615	3,251
Cash & Short-Term Investments	14,664	10,189	8,278	4,615	3,251
Cash Growth	43.92%	23.09%	79.38%	41.94%	-
Receivables	1,794	1,601	1,230	760.76	559.84
Inventory	26	24	-	6.82	7.55
Prepaid Expenses	273	258	193	116.03	73.25
Other Current Assets	108	5	1	0.2	5.43
Total Current Assets	16,865	12,077	9,702	5,499	3,897
Property, Plant & Equipment	284	271	161	114.22	88.23
Long-Term Investments	404	414	483	200	200
Goodwill	347	1,925	1,167	-	-
Other Intangible Assets	501	266	325	1.83	3.16
Long-Term Deferred Tax Assets	226	314	177	118.06	82.4
Other Long-Term Assets	1	-	1	202.57	202.7
Total Assets	18,628	15,267	12,016	6,135	4,474
Accounts Payable	262	208	171	84.35	61.75
Accrued Expenses	587	550	461	389.59	383.89
Current Income Taxes Payable	2,108	1,576	1,195	481.35	255.7
Current Unearned Revenue	-	-	-	104.09	95.07
Other Current Liabilities	701	634	637	168.42	100.64
Total Current Liabilities	3,658	2,968	2,464	1,228	897.04
Pension & Post-Retirement Benefits	6	112	-	-	-
Long-Term Deferred Tax Liabilities	155	84	106	-	-
Other Long-Term Liabilities	1	3	2	0	0
Total Liabilities	3,820	3,167	2,572	1,228	897.05
Common Stock	557	495	447	63.48	10
Additional Paid-In Capital	1,367	485	437	53.48	-
Retained Earnings	13,675	11,098	8,558	4,779	3,555
Treasury Stock	-810	-	-	-	-
Comprehensive Income & Other	-	1	2	11.3	11.3
Total Common Equity	14,789	12,079	9,444	4,907	3,577
Minority Interest	19	21	-	-	-
Shareholders' Equity	14,808	12,100	9,444	4,907	3,577
Total Liabilities & Equity	18,628	15,267	12,016	6,135	4,474
Net Cash (Debt)	14,664	10,189	8,278	4,615	3,251
Net Cash Growth	43.92%	23.09%	79.38%	41.94%	-
Net Cash Per Share	351.85	238.00	197.85	108.16	81.28
Filing Date Shares Outstanding	42.39	42.5	42.23	40.05	40
Total Common Shares Outstanding	42.37	42.49	42.22	40.05	40
Working Capital	13,207	9,109	7,238	4,271	3,000
Book Value Per Share	349.04	284.28	223.69	122.53	89.42
Tangible Book Value	13,941	9,888	7,952	4,906	3,573
Tangible Book Value Per Share	329.03	232.72	188.35	122.49	89.34

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.