EM Systems 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	7,133	7,847	11,884	9,441	8,881	8,289
Cash & Short-Term Investments	7,133	7,847	11,884	9,441	8,881	8,289
Cash Growth	-24.75%	-33.97%	25.88%	6.31%	7.14%	3.85%
Receivables	3,059	3,203	4,291	3,082	2,760	2,555
Inventory	496	455	873	1,136	1,084	688
Other Current Assets	751	1,443	1,301	1,141	1,124	1,042
Total Current Assets	11,439	12,948	18,349	14,800	13,849	12,574
Property, Plant & Equipment	1,420	1,376	1,241	1,330	1,371	1,333
Long-Term Investments	9,167	8,502	7,578	7,658	8,271	7,822
Goodwill	2,340	2,063	1,265	1,475	188	285
Other Intangible Assets	1,947	1,958	2,229	3,711	2,135	2,236
Long-Term Deferred Tax Assets	-	658	1,006	412	534	558
Other Long-Term Assets	-	1	1	1	1	1
Total Assets	26,313	27,506	31,669	29,387	26,349	24,809
Accounts Payable	1,235	1,181	1,376	1,121	1,398	852
Accrued Expenses	657	465	555	348	285	403
Current Portion of Long-Term Debt	466	577	833	966	-	-
Current Portion of Leases	-	-	37	36	35	4
Current Income Taxes Payable	1,174	1,560	4,309	1,515	1,780	1,253
Other Current Liabilities	2,041	1,986	1,962	1,632	1,446	1,655
Total Current Liabilities	5,573	5,769	9,072	5,618	4,944	4,167
Long-Term Debt	258	5	569	1,527	-	-
Long-Term Leases	2	2	-	37	74	1
Pension & Post-Retirement Benefits	138	132	137	135	1,061	1,039
Long-Term Deferred Tax Liabilities	-	334	286	329	-	-
Other Long-Term Liabilities	1,165	834	988	1,177	769	778
Total Liabilities	7,136	7,076	11,052	8,823	6,848	5,985
Common Stock	2,785	2,785	2,785	2,785	2,785	2,785
Additional Paid-In Capital	2,502	2,502	2,486	3,376	3,362	3,347
Retained Earnings	13,924	15,290	15,813	16,101	15,199	14,116
Treasury Stock	-711	-711	-763	-1,990	-2,017	-1,539
Comprehensive Income & Other	630	523	267	247	149	73
Total Common Equity	19,130	20,389	20,588	20,519	19,478	18,782
Minority Interest	47	41	29	45	23	42
Shareholders' Equity	19,177	20,430	20,617	20,564	19,501	18,824
Total Liabilities & Equity	26,313	27,506	31,669	29,387	26,349	24,809
Total Debt	726	584	1,439	2,566	109	5
Net Cash (Debt)	6,407	7,263	10,445	6,875	8,772	8,284
Net Cash Growth	-22.67%	-30.46%	51.93%	-21.63%	5.89%	4.16%
Net Cash Per Share	92.25	104.63	148.31	96.96	123.51	116.13
Filing Date Shares Outstanding	69.22	69.22	69.13	70.7	70.65	71.18
Total Common Shares Outstanding	69.22	69.22	69.13	70.7	70.65	71.18
Working Capital	5,866	7,179	9,277	9,182	8,905	8,407
Book Value Per Share	276.36	294.55	297.82	290.24	275.70	263.87
Tangible Book Value	14,843	16,368	17,094	15,333	17,155	16,261
Tangible Book Value Per Share	214.43	236.46	247.27	216.89	242.82	228.45