QPS Holdings Balance Sheet

Financials in millions JPY. Fiscal year is June - May.

Millions JPY. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov '25 Nov 30, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022
Cash & Equivalents	7,991	11,833	5,868	3,524	3,575
Cash & Short-Term Investments	7,991	11,833	5,868	3,524	3,575
Cash Growth	-4.68%	101.65%	66.52%	-1.43%	-
Accounts Receivable	438	5	1,696	18	-
Other Receivables	-	150	11	143	133
Receivables	438	155	1,707	161	133
Inventory	-	19	40	-	-
Prepaid Expenses	-	56	43	140	39
Other Current Assets	688	1,098	153	39	24
Total Current Assets	9,117	13,161	7,811	3,864	3,771
Property, Plant & Equipment	14,562	10,610	4,942	1,934	1,849
Long-Term Investments	95	71	12	3	21
Other Intangible Assets	92	77	55	30	22
Other Long-Term Assets	2	1	1	1	1
Total Assets	23,868	23,920	12,821	5,832	5,664
Accounts Payable	828	508	115	8	-
Accrued Expenses	-	53	39	22	15
Current Income Taxes Payable	-	261	296	65	56
Other Current Liabilities	2,699	2,918	1,833	230	10
Total Current Liabilities	3,527	3,740	2,283	325	81
Long-Term Debt	5,300	5,300	2,100	300	300
Long-Term Deferred Tax Liabilities	17	-	-	7	-
Other Long-Term Liabilities	2	-	1	2	-1
Total Liabilities	8,846	9,040	4,384	634	380
Common Stock	6,250	6,108	1,939	100	10
Additional Paid-In Capital	11,235	11,093	6,924	6,577	5,667
Retained Earnings	-2,503	-2,275	-427	-1,492	-387
Comprehensive Income & Other	40	-46	1	13	-6
Shareholders' Equity	15,022	14,880	8,437	5,198	5,284
Total Liabilities & Equity	23,868	23,920	12,821	5,832	5,664
Total Debt	5,300	5,300	2,100	300	300
Net Cash (Debt)	2,691	6,533	3,768	3,224	3,275
Net Cash Growth	-12.72%	73.38%	16.87%	-1.56%	-
Net Cash Per Share	60.53	167.95	133.60	403.00	409.38
Filing Date Shares Outstanding	48.16	44.07	36.4	8	8
Total Common Shares Outstanding	48.16	44.07	36.4	8	8
Working Capital	5,590	9,421	5,528	3,539	3,690
Book Value Per Share	311.95	337.68	231.80	649.75	660.50
Tangible Book Value	14,930	14,803	8,382	5,168	5,262
Tangible Book Value Per Share	310.04	335.93	230.29	646.00	657.75
Order Backlog	-	7,244	9,041	-	-