GMO Financial Holdings Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	141,762	138,894	117,708	83,095	74,396	66,018
Short-Term Investments	826,252	920,324	921,427	691,260	571,343	612,649
Trading Asset Securities	-	4,905	5,180	5,075	7,421	4,389
Accounts Receivable	108,427	89,870	96,162	119,160	131,549	128,625
Other Receivables	8,067	10,817	7,082	4,466	5,048	3,175
Property, Plant & Equipment	1,323	1,301	1,292	1,484	1,868	1,832
Goodwill	7,947	8,133	9,195	9,018	9,943	10,990
Other Intangible Assets	6,242	6,476	7,319	8,285	9,710	10,766
Investments in Debt & Equity Securities	16,919	14,112	15,183	12,392	3,851	3,888
Other Current Assets	229,577	207,821	210,132	186,795	174,077	152,420
Long-Term Deferred Tax Assets	2,966	2,924	2,506	591	327	415
Other Long-Term Assets	1	1,232	1,632	3,877	1,949	882
Total Assets	1,349,483	1,406,809	1,394,818	1,125,498	991,482	996,049
Accounts Payable	47,803	10,971	11,729	6,156	8,770	8,357
Accrued Expenses	403	3,845	4,657	4,219	3,263	6,028
Short-Term Debt	156,104	158,328	148,272	152,881	160,657	163,579
Current Portion of Long-Term Debt	15,165	12,785	19,103	9,674	15,288	6,312
Other Current Liabilities	988,955	1,081,091	1,085,535	844,500	720,613	737,899
Long-Term Debt	80,926	79,816	71,327	54,503	35,778	20,054
Long-Term Deferred Tax Liabilities	190	200	331	13	-	1,383
Other Long-Term Liabilities	1,243	1,164	1,173	1,358	1,578	1,947
Total Liabilities	1,293,357	1,353,794	1,346,377	1,079,059	950,152	953,219
Common Stock	705	705	705	705	705	705
Additional Paid-In Capital	2,253	2,253	2,146	2,152	549	655
Retained Earnings	52,182	48,977	44,940	43,656	38,985	41,393
Comprehensive Income & Other	3,225	3,207	2,622	2,214	1,656	396
Total Common Equity	56,068	52,845	48,116	46,430	39,598	40,704
Minority Interest	58	170	325	9	1,732	2,126
Shareholders' Equity	56,126	53,015	48,441	46,439	41,330	42,830
Total Liabilities & Equity	1,349,483	1,406,809	1,394,818	1,125,498	991,482	996,049
Total Debt	252,195	250,929	238,702	217,058	211,723	189,945
Net Cash (Debt)	715,819	813,194	805,613	562,372	441,437	493,111
Net Cash Growth	4.19%	0.94%	43.25%	27.40%	-10.48%	33.47%
Net Cash Per Share	6066.81	6892.10	6827.84	4808.91	3868.94	4321.57
Filing Date Shares Outstanding	117.99	117.99	117.99	117.99	113.81	113.69
Total Common Shares Outstanding	117.99	117.99	117.99	117.99	113.81	113.54
Working Capital	103,209	100,161	84,309	66,712	51,038	37,441
Book Value Per Share	475.20	447.88	407.80	393.51	347.94	358.49
Tangible Book Value	41,879	38,236	31,602	29,127	19,945	18,948
Tangible Book Value Per Share	354.94	324.06	267.84	246.86	175.25	166.88

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