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	Nov '24 Nov 30, 2024	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	2,746	2,746	2,791	2,062	2,304	2,595
Cash & Short-Term Investments	2,746	2,746	2,791	2,062	2,304	2,595
Cash Growth	-1.61%	-1.61%	35.35%	-10.50%	-11.21%	-
Receivables	376	376	359	169	201	122
Inventory	3	3	-	3	11	5
Other Current Assets	82	82	46	62	41	58
Total Current Assets	3,207	3,207	3,196	2,296	2,557	2,780
Property, Plant & Equipment	244	244	50	16	15	25
Long-Term Investments	207	207	246	36	38	37
Goodwill	304	304	-	-	-	-
Other Intangible Assets	948	948	117	1	3	18
Long-Term Deferred Tax Assets	5	5	-	-	-	-
Long-Term Deferred Charges	-	-	18	-	-	-
Other Long-Term Assets	1	1	2	2	1	2
Total Assets	4,916	4,916	3,629	2,351	2,614	2,862
Accounts Payable	43	43	23	23	38	30
Accrued Expenses	8	8	-	-	-	-
Short-Term Debt	233	233	652	637	353	162
Current Portion of Long-Term Debt	81	81	1	2	246	11
Current Portion of Leases	47	47	-	-	-	-
Current Income Taxes Payable	249	249	185	183	169	173
Other Current Liabilities	46	46	15	30	38	52
Total Current Liabilities	707	707	876	875	844	428
Long-Term Debt	1,221	1,221	1,726	791	500	446
Long-Term Leases	170	170	-	-	-	-
Long-Term Deferred Tax Liabilities	202	202	2	-	-	-
Other Long-Term Liabilities	9	9	7	2	2	2
Total Liabilities	2,309	2,309	2,611	1,668	1,346	876
Common Stock	10	10	10	100	100	100
Additional Paid-In Capital	3,175	3,175	5,330	4,441	4,452	4,452
Retained Earnings	-1,079	-1,079	-4,456	-4,117	-3,556	-2,987
Comprehensive Income & Other	185	185	134	-1	-	-
Total Common Equity	2,291	2,291	1,018	423	996	1,565
Minority Interest	316	316	-	260	272	421
Shareholders' Equity	2,607	2,607	1,018	683	1,268	1,986
Total Liabilities & Equity	4,916	4,916	3,629	2,351	2,614	2,862
Total Debt	1,752	1,752	2,379	1,430	1,099	619
Net Cash (Debt)	994	994	412	632	1,205	1,976
Net Cash Growth	141.26%	141.26%	-34.81%	-47.55%	-39.02%	-
Net Cash Per Share	42.35	42.35	19.55	44.42	90.73	149.50
Filing Date Shares Outstanding	24.47	24.47	21.97	20.78	20.05	13.22
Total Common Shares Outstanding	24.47	24.47	21.97	20.05	13.28	13.22
Working Capital	2,500	2,500	2,320	1,421	1,713	2,352
Book Value Per Share	93.62	93.62	46.34	21.10	74.99	118.41
Tangible Book Value	1,039	1,039	901	422	993	1,547
Tangible Book Value Per Share	42.46	42.46	41.02	21.05	74.77	117.04

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