IPS, Inc. Balance Sheet

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	3,582	3,918	4,234	6,881	5,778
Cash & Short-Term Investments	3,582	3,918	4,234	6,881	5,778
Cash Growth	-8.58%	-7.46%	-38.47%	19.09%	59.39%
Receivables	20,208	16,696	10,775	5,589	5,301
Inventory	272	277	229	179	111
Other Current Assets	1,901	2,746	2,626	1,621	833
Total Current Assets	25,963	23,637	17,864	14,270	12,023
Property, Plant & Equipment	18,900	12,882	11,565	8,171	3,776
Long-Term Investments	822	879	801	676	734
Goodwill	13	28	38	47	43
Other Intangible Assets	4,699	3,978	2,827	1,713	1,678
Long-Term Deferred Tax Assets	560	595	393	231	165
Long-Term Deferred Charges	21	30	40	19	-
Other Long-Term Assets	1	2	1	2	1
Total Assets	50,979	42,031	33,529	25,129	18,420
Accounts Payable	660	1,137	670	1,781	1,032
Accrued Expenses	48	35	39	39	16
Short-Term Debt	4,630	4,250	2,720	5,726	1,344
Current Portion of Long-Term Debt	1,920	1,809	1,867	443	501
Current Portion of Leases	-	-	-	-	2
Current Income Taxes Payable	884	863	780	1,028	2,005
Current Unearned Revenue	4,102	4,709	4,076	2,190	2,246
Other Current Liabilities	6,643	3,944	2,380	1,043	719
Total Current Liabilities	18,887	16,747	12,532	12,250	7,865
Long-Term Debt	6,086	4,010	5,514	760	1,203
Pension & Post-Retirement Benefits	85	82	69	208	186
Other Long-Term Liabilities	287	211	233	49	31
Total Liabilities	25,345	21,050	18,348	13,267	9,285
Common Stock	1,306	1,208	1,145	1,109	1,084
Additional Paid-In Capital	639	542	753	1,004	1,020
Retained Earnings	14,904	11,227	9,191	6,791	5,026
Comprehensive Income & Other	2,273	2,552	475	713	370
Total Common Equity	19,122	15,529	11,564	9,617	7,500
Minority Interest	6,512	5,452	3,617	2,245	1,635
Shareholders' Equity	25,634	20,981	15,181	11,862	9,135
Total Liabilities & Equity	50,979	42,031	33,529	25,129	18,420
Total Debt	12,636	10,069	10,101	6,929	3,050
Net Cash (Debt)	-9,054	-6,151	-5,867	-48	2,728
Net Cash Growth	-	-	-	-	63.74%
Net Cash Per Share	-680.99	-466.21	-446.42	-3.67	209.50
Filing Date Shares Outstanding	13.07	12.97	12.88	12.44	12.41
Total Common Shares Outstanding	13.07	12.96	12.87	12.44	12.41
Working Capital	7,076	6,890	5,332	2,020	4,158
Book Value Per Share	1462.73	1197.96	898.70	773.05	604.35
Tangible Book Value	14,410	11,523	8,699	7,857	5,779
Tangible Book Value Per Share	1102.28	888.92	676.05	631.57	465.67

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