Blue Innovation Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	988	668	1,222	527	675
Cash & Short-Term Investments	988	668	1,222	527	675
Cash Growth	47.90%	-45.34%	131.88%	-21.93%	-
Receivables	260	467	395	212	184
Inventory	116	51	29	64	34
Prepaid Expenses	20	25	21	13	12
Other Current Assets	4	24	10	16	7
Total Current Assets	1,388	1,235	1,677	832	912
Property, Plant & Equipment	-	82	82	69	81
Long-Term Investments	13	17	8	9	10
Other Intangible Assets	-	7	16	25	34
Other Long-Term Assets	1	1	2	2	2
Total Assets	1,402	1,342	1,785	937	1,039
Accounts Payable	121	108	94	35	26
Accrued Expenses	55	66	65	63	63
Current Portion of Long-Term Debt	25	17	18	7	-
Current Income Taxes Payable	35	32	40	49	22
Other Current Liabilities	28	27	64	22	46
Total Current Liabilities	264	250	281	176	157
Long-Term Debt	930	456	473	392	400
Other Long-Term Liabilities	4	3	3	4	2
Total Liabilities	1,198	709	757	572	559
Common Stock	797	695	695	214	100
Additional Paid-In Capital	733	631	631	495	775
Retained Earnings	-1,329	-693	-299	-344	-394
Comprehensive Income & Other	3	-	1	-	-1
Shareholders' Equity	204	633	1,028	365	480
Total Liabilities & Equity	1,402	1,342	1,785	937	1,039
Total Debt	955	473	491	399	400
Net Cash (Debt)	33	195	731	128	275
Net Cash Growth	-83.08%	-73.32%	471.09%	-53.45%	-
Net Cash Per Share	8.34	49.50	220.68	39.32	86.62
Filing Date Shares Outstanding	4.01	3.94	3.41	3.26	3.17
Total Common Shares Outstanding	4.01	3.94	3.41	3.26	3.17
Working Capital	1,124	985	1,396	656	755
Book Value Per Share	50.83	160.70	301.30	112.12	151.19
Tangible Book Value	204	626	1,012	340	446
Tangible Book Value Per Share	50.83	158.92	296.61	104.44	140.48

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