kubell 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	3,072	3,455	2,912	2,102	2,850	3,200
Cash & Short-Term Investments	3,072	3,455	2,912	2,102	2,850	3,200
Cash Growth	23.47%	18.65%	38.54%	-26.25%	-10.94%	-
Receivables	582	456	354	432	307	312
Inventory	-	5	3	6	6	6
Prepaid Expenses	747	878	723	608	690	446
Other Current Assets	34	35	33	68	66	69
Total Current Assets	4,435	4,829	4,025	3,216	3,919	4,033
Property, Plant & Equipment	36	39	2	11	29	45
Long-Term Investments	668	386	709	670	290	182
Goodwill	154	89	-	1,029	285	318
Other Intangible Assets	1,077	1,002	1,094	1,169	862	566
Long-Term Deferred Tax Assets	-	335	282	176	-	-
Other Long-Term Assets	1	2	1	2	1	1
Total Assets	6,371	6,682	6,113	6,273	5,386	5,145
Accounts Payable	1	1	1	-	1	-
Accrued Expenses	267	377	303	242	158	93
Short-Term Debt	-	-	-	1	-	-
Current Portion of Long-Term Debt	213	390	706	262	102	102
Current Income Taxes Payable	361	595	583	317	359	470
Other Current Liabilities	2,550	2,457	2,232	1,724	1,112	695
Total Current Liabilities	3,392	3,820	3,825	2,546	1,732	1,360
Long-Term Debt	504	541	456	1,114	763	365
Pension & Post-Retirement Benefits	-	-	3	2	-	-
Long-Term Deferred Tax Liabilities	-	-	-	117	35	39
Other Long-Term Liabilities	319	322	231	72	1	3
Total Liabilities	4,215	4,683	4,515	3,851	2,531	1,767
Common Stock	3,009	3,008	2,922	2,748	2,622	2,525
Additional Paid-In Capital	2,944	2,994	2,908	2,734	2,607	2,511
Retained Earnings	-3,820	-4,017	-4,232	-3,060	-2,439	-1,761
Comprehensive Income & Other	23	14	-	-	-	-
Total Common Equity	2,156	1,999	1,598	2,422	2,790	3,275
Minority Interest	-	-	-	-	65	103
Shareholders' Equity	2,156	1,999	1,598	2,422	2,855	3,378
Total Liabilities & Equity	6,371	6,682	6,113	6,273	5,386	5,145
Total Debt	717	931	1,162	1,377	865	467
Net Cash (Debt)	2,355	2,524	1,750	725	1,985	2,733
Net Cash Growth	69.01%	44.23%	141.38%	-63.48%	-27.37%	-
Net Cash Per Share	55.18	59.30	42.67	18.05	50.05	73.51
Filing Date Shares Outstanding	42.04	42.05	41.76	40.63	40.01	39.5
Total Common Shares Outstanding	42.04	42.05	41.66	40.6	39.94	39.42
Working Capital	1,043	1,009	200	670	2,187	2,673
Book Value Per Share	51.28	47.53	38.36	59.65	69.86	83.07
Tangible Book Value	925	908	504	224	1,643	2,391
Tangible Book Value Per Share	22.00	21.59	12.10	5.52	41.14	60.65

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