eWeLL 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	2,291	2,857	1,965	1,412	1,075	617
Cash & Short-Term Investments	2,291	2,857	1,965	1,412	1,075	617
Cash Growth	23.49%	45.39%	39.16%	31.35%	74.23%	89.26%
Receivables	657	628	503	416	319	240
Prepaid Expenses	67	62	45	27	12	9
Other Current Assets	55	43	13	1	-	1
Total Current Assets	3,070	3,590	2,526	1,856	1,406	867
Property, Plant & Equipment	229	236	248	281	27	20
Long-Term Investments	244	187	103	95	82	19
Other Intangible Assets	173	182	134	106	101	81
Long-Term Deferred Tax Assets	-	87	58	41	31	73
Other Long-Term Assets	2	1	1	1	2	1
Total Assets	3,718	4,283	3,070	2,380	1,649	1,061
Accounts Payable	63	54	32	23	17	6
Accrued Expenses	42	148	106	92	135	144
Current Portion of Long-Term Debt	-	-	-	91	4	4
Current Income Taxes Payable	119	528	340	338	241	142
Other Current Liabilities	244	75	81	44	55	85
Total Current Liabilities	468	805	559	588	452	381
Long-Term Debt	-	-	-	-	91	176
Other Long-Term Liabilities	104	103	102	102	1	1
Total Liabilities	572	908	661	690	544	558
Common Stock	426	426	397	366	328	252
Additional Paid-In Capital	418	418	388	358	320	244
Retained Earnings	2,591	2,530	1,623	965	456	7
Comprehensive Income & Other	-	1	1	1	1	-
Shareholders' Equity	3,146	3,375	2,409	1,690	1,105	503
Total Liabilities & Equity	3,718	4,283	3,070	2,380	1,649	1,061
Total Debt	-	-	-	91	95	180
Net Cash (Debt)	2,291	2,857	1,965	1,321	980	437
Net Cash Growth	23.49%	45.39%	48.75%	34.80%	124.26%	328.43%
Net Cash Per Share	150.01	187.02	128.94	173.63	142.05	69.28
Filing Date Shares Outstanding	15.22	15.25	15.12	7.38	6.95	6.31
Total Common Shares Outstanding	15.22	15.25	15.12	7.38	6.95	6.31
Working Capital	2,602	2,785	1,967	1,268	954	486
Book Value Per Share	206.75	221.29	159.31	228.94	158.99	79.75
Tangible Book Value	2,973	3,193	2,275	1,584	1,004	422
Tangible Book Value Per Share	195.38	209.36	150.45	214.58	144.45	66.90

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