Makuake Balance Sheet

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

Millions JPY. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Equivalents	4,793	4,656	3,958	4,148	5,193	5,949
Short-Term Investments	-	1,313	1,103	2,265	2,128	2,641
Cash & Short-Term Investments	4,793	5,969	5,061	6,413	7,321	8,590
Cash Growth	18.89%	17.94%	-21.08%	-12.40%	-14.77%	68.14%
Receivables	568.3	492	413	476	332	544
Prepaid Expenses	-	69	63	79	121	79
Other Current Assets	1,751	59	108	93	118	56
Total Current Assets	7,112	6,589	5,645	7,061	7,892	9,269
Property, Plant & Equipment	13.01	13	3	4	-	43
Long-Term Investments	-	21	133	322	353	331
Goodwill	-	-	-	-	-	17
Other Intangible Assets	692.9	730	800	541	-	576
Long-Term Deferred Tax Assets	-	95	63	23	-	73
Long-Term Deferred Charges	-	-	-	1	8	20
Other Long-Term Assets	98.08	1	1	3	2	2
Total Assets	7,916	7,449	6,645	7,955	8,255	10,331
Accounts Payable	-	1	-	1	-	1
Accrued Expenses	-	24	78	83	81	61
Current Income Taxes Payable	41.21	499	302	401	396	651
Other Current Liabilities	2,107	1,454	1,201	2,305	2,139	2,702
Total Current Liabilities	2,148	1,978	1,581	2,790	2,616	3,415
Pension & Post-Retirement Benefits	3.34	3	3	2	1	-
Other Long-Term Liabilities	58.31	53	47	58	62	44
Total Liabilities	2,210	2,034	1,631	2,850	2,679	3,459
Common Stock	3,139	3,138	3,136	3,127	3,120	3,103
Additional Paid-In Capital	1,832	1,832	3,136	3,127	3,120	3,103
Retained Earnings	697.38	407	-1,306	-1,202	-711	635
Comprehensive Income & Other	38.75	38	48	53	47	31
Shareholders' Equity	5,707	5,415	5,014	5,105	5,576	6,872
Total Liabilities & Equity	7,916	7,449	6,645	7,955	8,255	10,331
Net Cash (Debt)	4,793	5,969	5,061	6,413	7,321	8,590
Net Cash Growth	18.89%	17.94%	-21.08%	-12.40%	-14.77%	68.14%
Net Cash Per Share	375.03	467.40	398.62	509.05	584.37	683.71
Filing Date Shares Outstanding	12.75	12.75	12.73	12.64	12.57	12.4
Total Common Shares Outstanding	12.75	12.75	12.73	12.64	12.57	12.4
Working Capital	4,964	4,611	4,064	4,271	5,276	5,854
Book Value Per Share	447.63	424.76	393.98	403.99	443.63	553.99
Tangible Book Value	5,014	4,685	4,214	4,564	5,576	6,279
Tangible Book Value Per Share	393.28	367.49	331.12	361.17	443.63	506.18

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