Dream Incubator Balance Sheet

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	4,023	5,659	6,428	10,397	12,933	4,327
Short-Term Investments	7,266	5,000	5,300	13,800	2,767	8,122
Cash & Short-Term Investments	11,289	10,659	11,728	24,197	15,700	12,449
Cash Growth	12.31%	-9.12%	-51.53%	54.12%	26.11%	162.36%
Accounts Receivable	1,657	4,256	4,893	6,410	11,472	10,296
Other Receivables	-	-	4	21	195	69
Receivables	1,657	4,256	4,897	6,431	11,667	10,365
Inventory	-	-	-	-	87	35
Other Current Assets	706	513	340	172	547	679
Total Current Assets	13,652	15,428	16,965	30,800	28,001	23,528
Property, Plant & Equipment	186	206	259	249	916	680
Long-Term Investments	65	217	220	223	844	1,542
Goodwill	-	-	-	-	814	817
Other Intangible Assets	3	4	6	8	982	1,184
Long-Term Deferred Tax Assets	-	-	3	29	2,015	1,753
Other Long-Term Assets	183	2	1	1	2	1
Total Assets	14,089	15,857	17,454	31,310	33,574	29,549
Accounts Payable	-	-	-	3	554	384
Accrued Expenses	-	33	30	241	283	152
Short-Term Debt	-	-	-	-	1,100	1,400
Current Portion of Long-Term Debt	-	-	-	50	395	238
Current Portion of Leases	-	-	-	-	-	9
Current Income Taxes Payable	208	373	310	7,443	777	645
Other Current Liabilities	1,405	869	526	591	15,908	11,991
Total Current Liabilities	1,613	1,275	866	8,328	19,017	14,819
Long-Term Debt	-	-	-	-	1,648	1,044
Long-Term Leases	-	-	-	-	-	41
Long-Term Deferred Tax Liabilities	251	274	310	124	81	132
Other Long-Term Liabilities	1,208	1,152	1,096	943	375	318
Total Liabilities	3,072	2,701	2,272	9,395	21,121	16,354
Common Stock	5,019	5,019	5,019	5,019	5,014	4,998
Additional Paid-In Capital	2,007	2,009	4,548	4,548	4,458	4,446
Retained Earnings	4,590	6,738	8,800	12,648	942	976
Treasury Stock	-1,592	-1,497	-4,155	-1,366	-1,099	-1,184
Comprehensive Income & Other	823	744	805	591	466	14
Total Common Equity	10,847	13,013	15,017	21,440	9,781	9,250
Minority Interest	170	143	165	475	2,672	3,945
Shareholders' Equity	11,017	13,156	15,182	21,915	12,453	13,195
Total Liabilities & Equity	14,089	15,857	17,454	31,310	33,574	29,549
Total Debt	-	-	-	50	3,143	2,732
Net Cash (Debt)	11,289	10,659	11,728	24,147	12,557	9,717
Net Cash Growth	12.31%	-9.12%	-51.43%	92.30%	29.23%	262.17%
Net Cash Per Share	1282.90	1213.39	1284.04	2474.08	1292.32	993.35
Filing Date Shares Outstanding	8.76	8.8	8.78	9.62	9.76	9.67
Total Common Shares Outstanding	8.76	8.8	8.76	9.76	9.75	9.67
Working Capital	12,039	14,153	16,099	22,472	8,984	8,709
Book Value Per Share	1238.81	1479.02	1714.38	2195.79	1003.27	956.91
Tangible Book Value	10,844	13,009	15,011	21,432	7,985	7,249
Tangible Book Value Per Share	1238.47	1478.57	1713.69	2194.97	819.05	749.91

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