Lifenet Insurance Company 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 2015
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 '15 Mar 31, 2015
Investments in Debt Securities	-	45,700	38,066	34,125	34,457	15,972
Investments in Equity & Preferred Securities	-	-	-	435	492	222
Other Investments	72,623	16,480	13,498	11,043	12,473	886
Total Investments	72,623	62,180	51,564	45,603	47,422	17,080
Cash & Equivalents	14,107	17,234	24,423	10,218	7,760	731
Reinsurance Recoverable	1,281	869	571	4,602	3,881	23
Other Receivables	-	1,242	1,090	1,001	1,693	668
Property, Plant & Equipment	1,452	1,736	172	75	97	114
Other Intangible Assets	2,205	2,073	1,892	1,544	1,293	467
Other Current Assets	-	295	228	5,472	5,591	1,043
Long-Term Deferred Charges	-	-	-	-	-	3,180
Other Long-Term Assets	31,224	30,549	32,477	85	83	81
Total Assets	122,892	116,178	112,417	68,600	67,820	23,387
Accounts Payable	-	-	-	68	30	7
Accrued Expenses	-	397	345	1,259	1,318	277
Insurance & Annuity Liabilities	-	-	-	49,632	42,558	9,806
Unpaid Claims	-	-	-	1,364	984	277
Reinsurance Payable	-	11	78	495	404	45
Current Income Taxes Payable	-	1,147	1,416	3	3	3
Long-Term Leases	-	-	-	5	7	26
Long-Term Deferred Tax Liabilities	22,037	19,909	18,610	-	271	403
Other Long-Term Liabilities	3,459	2,594	1,087	200	174	56
Total Liabilities	25,496	24,058	21,536	53,026	45,749	10,900
Common Stock	26,675	26,652	26,617	21,676	21,655	10,500
Additional Paid-In Capital	26,608	26,585	26,550	21,676	21,655	10,500
Retained Earnings	45,715	39,475	33,481	-27,100	-21,936	-8,798
Comprehensive Income & Other	-1,613	-603	4,222	-678	697	285
Total Common Equity	97,385	92,109	90,870	15,574	22,071	12,487
Minority Interest	11	11	11	-	-	-
Shareholders' Equity	97,396	92,120	90,881	15,574	22,071	12,487
Total Liabilities & Equity	122,892	116,178	112,417	68,600	67,820	23,387
Filing Date Shares Outstanding	80.34	80.32	80.28	69.74	69.6	42.18
Total Common Shares Outstanding	80.34	80.32	80.28	69.74	69.6	42.18
Total Debt	-	-	-	5	7	26
Net Cash (Debt)	14,107	17,234	24,423	10,213	7,753	705
Net Cash Growth	-13.86%	-29.43%	139.14%	31.73%	999.72%	83.59%
Net Cash Per Share	175.60	214.61	323.58	-	-	16.72
Book Value Per Share	1212.16	1146.80	1131.92	223.33	317.09	296.08
Tangible Book Value	95,180	90,036	88,978	14,030	20,778	12,020
Tangible Book Value Per Share	1184.71	1120.99	1108.35	201.19	298.52	285.00

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