Blue Innovation Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	468	668	1,222	527	675
Cash & Short-Term Investments	468	668	1,222	527	675
Cash Growth	-46.33%	-45.34%	131.88%	-21.93%	-
Receivables	192	467	395	212	184
Inventory	39	51	29	64	34
Prepaid Expenses	-	25	21	13	12
Other Current Assets	40	24	10	16	7
Total Current Assets	739	1,235	1,677	832	912
Property, Plant & Equipment	81	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	834	1,342	1,785	937	1,039
Accounts Payable	34	108	94	35	26
Accrued Expenses	51	66	65	63	63
Current Portion of Long-Term Debt	17	17	18	7	-
Current Income Taxes Payable	35	32	40	49	22
Other Current Liabilities	46	27	64	22	46
Total Current Liabilities	183	250	281	176	157
Long-Term Debt	442	456	473	392	400
Other Long-Term Liabilities	3	3	3	4	2
Total Liabilities	628	709	757	572	559
Common Stock	696	695	695	214	100
Additional Paid-In Capital	632	631	631	495	775
Retained Earnings	-1,121	-693	-299	-344	-394
Comprehensive Income & Other	-1	-	1	-	-1
Shareholders' Equity	206	633	1,028	365	480
Total Liabilities & Equity	834	1,342	1,785	937	1,039
Total Debt	459	473	491	399	400
Net Cash (Debt)	9	195	731	128	275
Net Cash Growth	-97.72%	-73.32%	471.09%	-53.45%	-
Net Cash Per Share	2.28	49.50	220.68	39.32	86.62
Filing Date Shares Outstanding	3.94	3.94	3.41	3.26	3.17
Total Common Shares Outstanding	3.94	3.94	3.41	3.26	3.17
Working Capital	556	985	1,396	656	755
Book Value Per Share	52.27	160.70	301.30	112.12	151.19
Tangible Book Value	206	626	1,012	340	446
Tangible Book Value Per Share	52.27	158.92	296.61	104.44	140.48

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