CURVES HOLDINGS Balance Sheet

Financials in millions JPY. Fiscal year is September - August.

Millions JPY. Fiscal year is Sep - Aug.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 31, 2026	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021
Cash & Equivalents	9,435	8,703	8,296	8,134	8,212	9,760
Cash & Short-Term Investments	9,435	8,703	8,296	8,134	8,212	9,760
Cash Growth	24.85%	4.91%	1.99%	-0.95%	-15.86%	2.38%
Receivables	6,169	5,478	4,960	4,249	3,937	3,681
Inventory	2,042	1,743	1,444	1,032	937	1,096
Other Current Assets	1,148	992	790	923	653	424
Total Current Assets	18,794	16,916	15,490	14,338	13,739	14,961
Property, Plant & Equipment	643	602	483	437	424	505
Long-Term Investments	-	453	439	432	388	401
Goodwill	1,396	1,347	1,598	1,546	1,559	1,346
Other Intangible Assets	19,577	19,032	22,640	21,637	21,842	18,782
Long-Term Deferred Tax Assets	764	854	724	721	398	288
Other Long-Term Assets	449	1	-	-	2	1
Total Assets	41,623	39,205	41,374	39,111	38,352	36,284
Accounts Payable	3,277	2,671	2,338	2,029	1,747	1,690
Accrued Expenses	543	882	763	637	592	562
Current Portion of Long-Term Debt	2,005	2,040	3,290	3,290	3,290	3,090
Current Income Taxes Payable	810	2,161	2,034	1,724	1,276	1,563
Other Current Liabilities	4,315	3,697	3,229	3,006	2,402	2,024
Total Current Liabilities	11,443	11,451	11,654	10,686	9,307	8,929
Long-Term Debt	1,840	3,334	5,375	8,665	11,956	14,330
Long-Term Deferred Tax Liabilities	3,795	3,706	4,441	4,272	4,390	3,728
Other Long-Term Liabilities	605	555	495	419	344	135
Total Liabilities	17,683	19,046	21,965	24,042	25,997	27,122
Common Stock	848	848	848	848	848	848
Additional Paid-In Capital	828	828	828	828	828	828
Retained Earnings	17,471	15,434	12,726	10,192	8,438	6,988
Treasury Stock	-1,223	-1,244	-1,245	-1,247	-1,247	-
Comprehensive Income & Other	6,016	4,293	6,252	4,448	3,488	498
Shareholders' Equity	23,940	20,159	19,409	15,069	12,355	9,162
Total Liabilities & Equity	41,623	39,205	41,374	39,111	38,352	36,284
Total Debt	3,845	5,374	8,665	11,955	15,246	17,420
Net Cash (Debt)	5,590	3,329	-369	-3,821	-7,034	-7,660
Net Cash Growth	311.03%	-	-	-	-	-
Net Cash Per Share	59.79	36.16	-4.01	-41.51	-75.73	-81.61
Filing Date Shares Outstanding	92.09	92.06	92.06	92.06	92.06	93.86
Total Common Shares Outstanding	92.09	92.06	92.06	92.06	92.06	93.86
Working Capital	7,351	5,465	3,836	3,652	4,432	6,032
Book Value Per Share	259.96	218.97	210.83	163.69	134.21	97.62
Tangible Book Value	2,967	-220	-4,829	-8,114	-11,046	-10,966
Tangible Book Value Per Share	32.22	-2.39	-52.45	-88.14	-119.99	-116.84