ELEMENTS Balance Sheet

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

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '25 Feb 28, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021	Nov '20 Nov 30, 2020
Cash & Equivalents	2,939	2,746	2,791	2,062	2,304	2,595
Cash & Short-Term Investments	2,939	2,746	2,791	2,062	2,304	2,595
Cash Growth	19.28%	-1.61%	35.35%	-10.50%	-11.21%	-
Receivables	378	376	359	169	201	122
Inventory	129	3	-	3	11	5
Other Current Assets	49	82	46	62	41	58
Total Current Assets	3,495	3,207	3,196	2,296	2,557	2,780
Property, Plant & Equipment	387	244	50	16	15	25
Long-Term Investments	211	207	246	36	38	37
Goodwill	286	304	-	-	-	-
Other Intangible Assets	973	948	117	1	3	18
Long-Term Deferred Tax Assets	-	5	-	-	-	-
Long-Term Deferred Charges	-	-	18	-	-	-
Other Long-Term Assets	2	1	2	2	1	2
Total Assets	5,354	4,916	3,629	2,351	2,614	2,862
Accounts Payable	198	43	23	23	38	30
Accrued Expenses	-	8	-	-	-	-
Short-Term Debt	420	233	652	637	353	162
Current Portion of Long-Term Debt	85	81	1	2	246	11
Current Portion of Leases	-	47	-	-	-	-
Current Income Taxes Payable	37	249	185	183	169	173
Other Current Liabilities	346	46	15	30	38	52
Total Current Liabilities	1,086	707	876	875	844	428
Long-Term Debt	1,198	1,221	1,726	791	500	446
Long-Term Leases	-	170	-	-	-	-
Long-Term Deferred Tax Liabilities	-	202	2	-	-	-
Other Long-Term Liabilities	464	9	7	2	2	2
Total Liabilities	2,748	2,309	2,611	1,668	1,346	876
Common Stock	17	10	10	100	100	100
Additional Paid-In Capital	3,182	3,175	5,330	4,441	4,452	4,452
Retained Earnings	-1,131	-1,079	-4,456	-4,117	-3,556	-2,987
Comprehensive Income & Other	206	185	134	-1	-	-
Total Common Equity	2,274	2,291	1,018	423	996	1,565
Minority Interest	332	316	-	260	272	421
Shareholders' Equity	2,606	2,607	1,018	683	1,268	1,986
Total Liabilities & Equity	5,354	4,916	3,629	2,351	2,614	2,862
Total Debt	1,703	1,752	2,379	1,430	1,099	619
Net Cash (Debt)	1,236	994	412	632	1,205	1,976
Net Cash Growth	-	141.26%	-34.81%	-47.55%	-39.02%	-
Net Cash Per Share	51.27	42.35	19.55	44.42	90.73	149.50
Filing Date Shares Outstanding	24.52	24.52	21.97	20.78	20.05	13.22
Total Common Shares Outstanding	24.52	24.5	21.97	20.05	13.28	13.22
Working Capital	2,409	2,500	2,320	1,421	1,713	2,352
Book Value Per Share	92.75	93.50	46.34	21.10	74.99	118.41
Tangible Book Value	1,015	1,039	901	422	993	1,547
Tangible Book Value Per Share	41.40	42.41	41.02	21.05	74.77	117.04

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