Excite Holdings Balance Sheet

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	2,286	2,695	2,530	1,175	984
Cash & Short-Term Investments	2,286	2,695	2,530	1,175	984
Cash Growth	-15.18%	6.52%	115.32%	19.41%	15.49%
Receivables	2,719	2,188	1,221	1,109	1,083
Inventory	121	21	26	52	38
Other Current Assets	205	179	145	164	89
Total Current Assets	5,331	5,083	3,922	2,500	2,194
Property, Plant & Equipment	344	8	1	-	-
Long-Term Investments	1,273	1,119	660	766	717
Goodwill	3,011	3,308	831	570	607
Other Intangible Assets	834	699	755	682	543
Long-Term Deferred Tax Assets	169	127	125	32	178
Other Long-Term Assets	2	1	1	-	2
Total Assets	11,055	10,345	6,295	4,550	4,241
Accounts Payable	784	772	814	771	759
Short-Term Debt	750	500	-	-	-
Current Portion of Long-Term Debt	879	760	1,140	190	190
Current Income Taxes Payable	669	464	508	251	294
Other Current Liabilities	265	219	205	176	156
Total Current Liabilities	3,347	2,715	2,667	1,388	1,399
Long-Term Debt	3,904	3,992	-	1,140	1,330
Other Long-Term Liabilities	86	1	-	-1	-
Total Liabilities	7,337	6,708	2,667	2,527	2,729
Common Stock	24	19	13	100	100
Additional Paid-In Capital	1,876	1,885	2,237	892	892
Retained Earnings	1,772	1,666	1,482	1,082	628
Treasury Stock	-97	-	-	-	-
Comprehensive Income & Other	16	-69	-109	-54	-111
Total Common Equity	3,591	3,501	3,623	2,020	1,509
Minority Interest	127	136	5	3	3
Shareholders' Equity	3,718	3,637	3,628	2,023	1,512
Total Liabilities & Equity	11,055	10,345	6,295	4,550	4,241
Total Debt	5,533	5,252	1,140	1,330	1,520
Net Cash (Debt)	-3,247	-2,557	1,390	-155	-536
Net Cash Per Share	-652.61	-511.65	276.83	-39.78	-137.56
Filing Date Shares Outstanding	4.8	4.86	4.91	4.93	3.9
Total Common Shares Outstanding	4.8	4.86	4.92	3.9	3.9
Working Capital	1,984	2,368	1,255	1,112	795
Book Value Per Share	747.78	720.51	736.94	518.41	387.27
Tangible Book Value	-254	-506	2,037	768	359
Tangible Book Value Per Share	-52.89	-104.14	414.34	197.10	92.13