Lifenet Insurance Company 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
Investments in Debt Securities	-	45,700	38,066	34,125	34,457
Investments in Equity & Preferred Securities	-	-	-	435	492
Other Investments	72,503	16,480	13,498	11,043	12,473
Total Investments	72,503	62,180	51,564	45,603	47,422
Cash & Equivalents	13,598	17,234	24,423	10,218	7,760
Reinsurance Recoverable	1,176	869	571	4,602	3,881
Other Receivables	-	1,242	1,090	1,001	1,693
Property, Plant & Equipment	1,355	1,736	172	75	97
Other Intangible Assets	2,170	2,073	1,892	1,544	1,293
Other Current Assets	-	295	228	5,472	5,591
Other Long-Term Assets	31,032	30,549	32,477	85	83
Total Assets	121,834	116,178	112,417	68,600	67,820
Accounts Payable	-	-	-	68	30
Accrued Expenses	-	397	345	1,259	1,318
Insurance & Annuity Liabilities	-	-	-	49,632	42,558
Unpaid Claims	-	-	-	1,364	984
Reinsurance Payable	-	11	78	495	404
Current Income Taxes Payable	521	1,147	1,416	3	3
Long-Term Leases	-	-	-	5	7
Long-Term Deferred Tax Liabilities	20,865	19,909	18,610	-	271
Other Long-Term Liabilities	4,839	2,594	1,087	200	174
Total Liabilities	26,225	24,058	21,536	53,026	45,749
Common Stock	26,675	26,652	26,617	21,676	21,655
Additional Paid-In Capital	26,608	26,585	26,550	21,676	21,655
Retained Earnings	47,516	39,475	33,481	-27,100	-21,936
Comprehensive Income & Other	-5,199	-603	4,222	-678	697
Total Common Equity	95,600	92,109	90,870	15,574	22,071
Minority Interest	9	11	11	-	-
Shareholders' Equity	95,609	92,120	90,881	15,574	22,071
Total Liabilities & Equity	121,834	116,178	112,417	68,600	67,820
Filing Date Shares Outstanding	80.34	80.32	80.28	69.74	69.6
Total Common Shares Outstanding	80.34	80.32	80.28	69.74	69.6
Total Debt	-	-	-	5	7
Net Cash (Debt)	13,598	17,234	24,423	10,213	7,753
Net Cash Growth	-21.10%	-29.43%	139.14%	31.73%	999.72%
Net Cash Per Share	169.27	214.61	323.58	-	-
Book Value Per Share	1189.94	1146.80	1131.92	223.33	317.09
Tangible Book Value	93,430	90,036	88,978	14,030	20,778
Tangible Book Value Per Share	1162.93	1120.99	1108.35	201.19	298.52

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