KIYO Learning 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	FY 2020
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	Dec '20 Dec 31, 2020
Cash & Equivalents	3,642	3,476	3,194	2,787	2,273	1,830
Cash & Short-Term Investments	3,642	3,476	3,194	2,787	2,273	1,830
Cash Growth	12.62%	8.83%	14.60%	22.61%	24.21%	258.82%
Accounts Receivable	91	74	60	51	32	20
Receivables	91	74	60	51	32	20
Inventory	203	179	113	127	101	73
Prepaid Expenses	-	54	37	27	44	11
Other Current Assets	104	54	85	43	5	9
Total Current Assets	4,040	3,837	3,489	3,035	2,455	1,943
Property, Plant & Equipment	58	64	73	68	73	20
Long-Term Investments	175	131	146	119	83	101
Other Intangible Assets	290	279	234	182	123	93
Long-Term Deferred Tax Assets	-	49	13	-	34	36
Other Long-Term Assets	2	1	1	2	2	1
Total Assets	4,565	4,361	3,956	3,406	2,770	2,194
Accounts Payable	-	1	1	-	1	-
Accrued Expenses	5	64	150	117	102	111
Short-Term Debt	450	450	450	450	50	-
Current Portion of Long-Term Debt	-	-	19	47	50	40
Current Portion of Leases	-	4	4	4	2	-
Current Income Taxes Payable	8	298	176	189	128	115
Other Current Liabilities	2,704	2,242	2,064	1,602	1,177	874
Total Current Liabilities	3,167	3,059	2,864	2,409	1,510	1,140
Long-Term Debt	-	-	-	19	66	75
Long-Term Leases	-	3	8	12	10	-
Other Long-Term Liabilities	1	1	-	1	1	-
Total Liabilities	3,168	3,063	2,872	2,441	1,587	1,215
Common Stock	809	805	803	800	799	759
Additional Paid-In Capital	800	796	794	791	789	749
Retained Earnings	-213	-304	-514	-626	-405	-529
Comprehensive Income & Other	1	1	1	-	-	-
Shareholders' Equity	1,397	1,298	1,084	965	1,183	979
Total Liabilities & Equity	4,565	4,361	3,956	3,406	2,770	2,194
Total Debt	450	457	481	532	178	115
Net Cash (Debt)	3,192	3,019	2,713	2,255	2,095	1,715
Net Cash Growth	14.70%	11.28%	20.31%	7.64%	22.16%	340.87%
Net Cash Per Share	463.76	441.01	395.57	333.78	306.14	820.50
Filing Date Shares Outstanding	6.85	6.84	6.8	6.77	6.75	2.2
Total Common Shares Outstanding	6.85	6.84	6.8	6.77	6.75	2.2
Working Capital	873	778	625	626	945	803
Book Value Per Share	203.91	189.89	159.36	142.59	175.32	445.32
Tangible Book Value	1,107	1,019	850	783	1,060	886
Tangible Book Value Per Share	161.58	149.07	124.96	115.70	157.09	403.02

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