COVER Balance Sheet

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	14,938	11,498	8,666	7,793	4,644	1,899
Cash & Short-Term Investments	14,938	11,498	8,666	7,793	4,644	1,899
Cash Growth	39.75%	32.68%	11.20%	67.81%	144.55%	433.02%
Accounts Receivable	3,592	5,393	3,485	3,204	1,960	987
Other Receivables	1,754	1,894	793	60	51	46
Receivables	5,346	7,287	4,278	3,264	2,011	1,033
Inventory	2,353	3,131	1,001	338	257	53
Prepaid Expenses	371	627	379	158	92	21
Other Current Assets	280	329	474	187	164	42
Total Current Assets	23,288	22,872	14,798	11,740	7,168	3,048
Property, Plant & Equipment	4,016	4,119	4,062	1,899	211	198
Long-Term Investments	1,436	1,358	1,140	910	512	204
Other Intangible Assets	5,026	4,075	2,449	1,065	198	25
Long-Term Deferred Tax Assets	638	634	262	271	147	39
Other Long-Term Assets	2	2	2	2	2	2
Total Assets	34,406	33,060	22,713	15,887	8,238	3,516
Accounts Payable	1,810	2,695	2,283	2,085	1,482	407
Accrued Expenses	822	1,890	1,433	1,264	625	203
Current Income Taxes Payable	1,172	1,626	1,540	1,150	298	513
Other Current Liabilities	8,698	8,917	5,352	4,339	2,333	153
Total Current Liabilities	12,502	15,128	10,608	8,838	4,738	1,276
Other Long-Term Liabilities	1,030	986	963	44	44	28
Total Liabilities	13,532	16,114	11,571	8,882	4,782	1,304
Common Stock	1,096	1,096	973	973	452	452
Additional Paid-In Capital	1,093	1,093	970	970	449	449
Retained Earnings	18,683	14,756	9,196	5,059	2,551	1,306
Comprehensive Income & Other	2	1	3	3	4	5
Shareholders' Equity	20,874	16,946	11,142	7,005	3,456	2,212
Total Liabilities & Equity	34,406	33,060	22,713	15,887	8,238	3,516
Net Cash (Debt)	14,938	11,498	8,666	7,793	4,644	1,899
Net Cash Growth	39.75%	32.68%	11.20%	67.81%	144.55%	497.73%
Net Cash Per Share	222.78	171.67	129.43	119.16	77.89	31.85
Filing Date Shares Outstanding	65.65	64.51	61.12	59.76	59.62	59.62
Total Common Shares Outstanding	65.65	64.51	61.12	59.76	59.62	59.62
Working Capital	10,786	7,744	4,190	2,902	2,430	1,772
Book Value Per Share	317.96	262.69	182.29	117.23	57.96	37.10
Tangible Book Value	15,848	12,871	8,693	5,940	3,258	2,187
Tangible Book Value Per Share	241.40	199.52	142.22	99.40	54.64	36.68

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