note inc. Balance Sheet

Financials in millions JPY. Fiscal year is December - November.

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May '26 May 31, 2026	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022
Cash & Equivalents	7,357	3,045	2,154	1,988	2,189
Cash & Short-Term Investments	7,357	3,045	2,154	1,988	2,189
Cash Growth	262.41%	41.37%	8.34%	-9.16%	-
Accounts Receivable	321	268	195	177.58	136.14
Other Receivables	2,037	1,632	1,209	1,003	818.56
Receivables	2,358	1,900	1,404	1,180	954.7
Inventory	4	2	1	0.28	0.85
Prepaid Expenses	-	-	-	71.53	51.1
Other Current Assets	193	152	112	1.8	0.4
Total Current Assets	9,912	5,099	3,671	3,242	3,196
Property, Plant & Equipment	2	3	10	18.34	19.38
Long-Term Investments	1,019	849	61	-	-
Long-Term Deferred Tax Assets	-	193	26	-	-
Other Long-Term Assets	1	1	1	52.36	88.01
Total Assets	10,934	6,145	3,769	3,313	3,303
Accounts Payable	7	5	3	0.93	0.61
Accrued Expenses	-	-	-	26.93	31.99
Current Portion of Long-Term Debt	-	70	80	80	-
Current Income Taxes Payable	2	2	3	2.5	2.7
Current Unearned Revenue	-	-	-	108.49	73.56
Other Current Liabilities	3,201	2,577	1,960	1,452	1,216
Total Current Liabilities	3,210	2,654	2,046	1,671	1,325
Long-Term Debt	-	612	-	80	160
Other Long-Term Liabilities	1	2	2	0	0
Total Liabilities	3,211	3,268	2,048	1,751	1,485
Common Stock	22	84	30	10	100
Additional Paid-In Capital	6,690	2,278	1,987	1,967	2,562
Retained Earnings	1,092	431	-315	-414.84	-844.34
Comprehensive Income & Other	-81	84	19	-	-0
Shareholders' Equity	7,723	2,877	1,721	1,562	1,818
Total Liabilities & Equity	10,934	6,145	3,769	3,313	3,303
Total Debt	-	682	80	160	160
Net Cash (Debt)	7,357	2,363	2,074	1,828	2,029
Net Cash Growth	277.28%	13.93%	13.44%	-9.88%	-
Net Cash Per Share	403.19	138.21	132.89	121.19	142.43
Filing Date Shares Outstanding	19.37	18.25	16.38	15.23	14.24
Total Common Shares Outstanding	19.37	16.75	15.39	15.23	14.24
Working Capital	6,702	2,445	1,625	1,571	1,870
Book Value Per Share	398.74	171.78	111.82	102.52	127.62
Tangible Book Value	7,723	2,877	1,721	1,562	1,818
Tangible Book Value Per Share	398.74	171.78	111.82	102.52	127.62