Medley 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	10,994	8,575	18,996	15,354	14,422	14,294
Cash & Short-Term Investments	10,994	8,575	18,996	15,354	14,422	14,294
Cash Growth	-22.31%	-54.86%	23.72%	6.46%	0.90%	1.72%
Accounts Receivable	3,455	2,989	2,810	1,578	1,238	829
Other Receivables	2,093	1,881	2,872	1,371	-	-
Receivables	5,548	4,870	5,682	2,949	1,238	829
Inventory	376	604	272	283	166	42
Prepaid Expenses	459	533	364	251	148	168
Other Current Assets	31	238	23	95	224	208
Total Current Assets	17,408	14,820	25,337	18,932	16,198	15,541
Property, Plant & Equipment	613	609	490	515	289	166
Long-Term Investments	2,533	2,562	1,653	2,414	2,379	1,593
Goodwill	12,923	12,861	7,876	1,491	1,029	819
Other Intangible Assets	10,205	10,393	9,154	1,708	1,693	1,765
Long-Term Deferred Tax Assets	-	5	689	361	187	256
Long-Term Deferred Charges	-	-	-	6	33	66
Other Long-Term Assets	1	2	2	3	2	2
Total Assets	43,683	41,252	45,201	25,430	21,810	20,208
Accounts Payable	428	443	407	317	272	110
Accrued Expenses	415	414	766	685	430	92
Current Portion of Long-Term Debt	4,786	3,786	3,617	731	772	934
Current Income Taxes Payable	3,101	2,814	3,006	2,582	1,493	1,379
Other Current Liabilities	4,033	4,059	2,766	1,917	1,462	826
Total Current Liabilities	12,763	11,516	10,562	6,232	4,429	3,341
Long-Term Debt	15,242	12,299	11,564	928	1,604	2,172
Long-Term Deferred Tax Liabilities	2,559	2,563	2,629	400	418	518
Other Long-Term Liabilities	61	74	227	234	191	129
Total Liabilities	30,625	26,452	24,982	7,794	6,642	6,160
Common Stock	47	47	47	47	40	6,695
Additional Paid-In Capital	12,216	12,217	14,196	14,812	15,276	8,517
Retained Earnings	7,513	7,576	6,601	3,802	1,236	520
Treasury Stock	-6,526	-4,843	-621	-1,118	-1,764	-1,763
Comprehensive Income & Other	-192	-197	-14	8	292	-1
Total Common Equity	13,058	14,800	20,209	17,551	15,080	13,968
Minority Interest	-	-	10	85	88	80
Shareholders' Equity	13,058	14,800	20,219	17,636	15,168	14,048
Total Liabilities & Equity	43,683	41,252	45,201	25,430	21,810	20,208
Total Debt	20,028	16,085	15,181	1,659	2,376	3,106
Net Cash (Debt)	-9,034	-7,510	3,815	13,695	12,046	11,188
Net Cash Growth	-	-	-72.14%	13.69%	7.67%	13.36%
Net Cash Per Share	-286.63	-234.58	116.73	419.15	368.80	340.81
Filing Date Shares Outstanding	30.34	30.07	32.12	32.44	32.19	31.86
Total Common Shares Outstanding	30.34	30.9	32.52	32.35	32.1	31.86
Working Capital	4,645	3,304	14,775	12,700	11,769	12,200
Book Value Per Share	430.37	478.97	621.43	542.46	469.75	438.43
Tangible Book Value	-10,070	-8,454	3,179	14,352	12,358	11,384
Tangible Book Value Per Share	-331.89	-273.60	97.75	443.59	384.96	357.32

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