ELEMENTS Balance Sheet

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

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Aug '24 Aug 31, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021	Nov '20 Nov 30, 2020
Cash & Equivalents	2,923	2,791	2,062	2,304	2,595
Cash & Short-Term Investments	2,923	2,791	2,062	2,304	2,595
Cash Growth	122.62%	35.35%	-10.50%	-11.21%	-
Receivables	344	359	169	201	122
Inventory	17	-	3	11	5
Other Current Assets	59	46	62	41	58
Total Current Assets	3,343	3,196	2,296	2,557	2,780
Property, Plant & Equipment	262	50	16	15	25
Long-Term Investments	211	246	36	38	37
Other Intangible Assets	927	117	1	3	18
Long-Term Deferred Charges	-	18	-	-	-
Other Long-Term Assets	1	2	2	1	2
Total Assets	5,077	3,629	2,351	2,614	2,862
Accounts Payable	86	23	23	38	30
Short-Term Debt	295	652	637	353	162
Current Portion of Long-Term Debt	-	1	2	246	11
Current Income Taxes Payable	50	185	183	169	173
Other Current Liabilities	312	15	30	38	52
Total Current Liabilities	743	876	875	844	428
Long-Term Debt	1,244	1,726	791	500	446
Long-Term Deferred Tax Liabilities	209	2	-	-	-
Other Long-Term Liabilities	9	7	2	2	2
Total Liabilities	2,434	2,611	1,668	1,346	876
Common Stock	666	10	100	100	100
Additional Paid-In Capital	5,986	5,330	4,441	4,452	4,452
Retained Earnings	-4,494	-4,456	-4,117	-3,556	-2,987
Comprehensive Income & Other	176	134	-1	-	-
Total Common Equity	2,334	1,018	423	996	1,565
Minority Interest	309	-	260	272	421
Shareholders' Equity	2,643	1,018	683	1,268	1,986
Total Liabilities & Equity	5,077	3,629	2,351	2,614	2,862
Total Debt	1,768	2,379	1,430	1,099	619
Net Cash (Debt)	1,155	412	632	1,205	1,976
Net Cash Growth	-	-34.81%	-47.55%	-39.02%	-
Net Cash Per Share	50.58	19.55	44.42	90.73	149.50
Filing Date Shares Outstanding	24.3	21.97	20.78	20.05	13.22
Total Common Shares Outstanding	24.3	21.97	20.05	13.28	13.22
Working Capital	2,600	2,320	1,421	1,713	2,352
Book Value Per Share	96.04	46.34	21.10	74.99	118.41
Tangible Book Value	1,085	901	422	993	1,547
Tangible Book Value Per Share	44.65	41.02	21.05	74.77	117.04

Source: S&P Capital IQ. Standard template. Financial Sources.