Happinet 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
Cash & Equivalents	50,825	41,005	29,680	27,874	23,358
Cash & Short-Term Investments	50,825	41,005	29,680	27,874	23,358
Cash Growth	23.95%	38.16%	6.48%	19.33%	7.29%
Receivables	54,921	40,832	46,568	37,642	33,908
Inventory	8,689	8,160	7,706	7,480	6,383
Other Current Assets	6,453	6,941	6,387	4,876	3,958
Total Current Assets	120,888	96,938	90,341	77,872	67,607
Property, Plant & Equipment	5,172	5,629	4,289	1,207	1,165
Long-Term Investments	13,199	13,634	10,873	12,137	12,747
Goodwill	1,460	2,044	2,628	-	383
Other Intangible Assets	1,586	1,867	3,976	1,796	1,775
Long-Term Deferred Tax Assets	1,696	1,338	1,307	1,261	1,646
Other Long-Term Assets	2	2	1	2	2
Total Assets	144,003	121,452	113,415	94,275	85,325
Accounts Payable	55,154	41,814	40,022	33,594	27,413
Accrued Expenses	316	338	326	227	647
Current Income Taxes Payable	17,055	13,451	11,813	7,771	6,582
Other Current Liabilities	3,736	2,919	3,454	2,379	2,409
Total Current Liabilities	76,261	58,522	55,615	43,971	37,051
Pension & Post-Retirement Benefits	3,502	3,434	3,640	3,409	3,242
Long-Term Deferred Tax Liabilities	197	593	361	76	117
Other Long-Term Liabilities	3,759	3,232	2,501	1,607	1,422
Total Liabilities	83,719	65,781	62,117	49,063	41,832
Common Stock	2,751	2,751	2,751	2,751	2,751
Additional Paid-In Capital	3,353	3,353	3,353	3,322	2,953
Retained Earnings	54,275	47,103	43,187	38,087	35,981
Treasury Stock	-4,840	-2,996	-1,866	-1,974	-1,810
Comprehensive Income & Other	4,745	5,460	3,873	3,026	3,618
Shareholders' Equity	60,284	55,671	51,298	45,212	43,493
Total Liabilities & Equity	144,003	121,452	113,415	94,275	85,325
Net Cash (Debt)	50,825	41,005	29,680	27,874	23,358
Net Cash Growth	23.95%	38.16%	6.48%	19.33%	7.29%
Net Cash Per Share	1144.07	915.37	655.16	615.65	516.93
Filing Date Shares Outstanding	43.32	43.91	44.46	44.39	44.16
Total Common Shares Outstanding	43.32	43.89	44.61	44.38	44.02
Working Capital	44,627	38,416	34,726	33,901	30,556
Book Value Per Share	1391.62	1268.38	1149.93	1018.81	987.98
Tangible Book Value	57,238	51,760	44,694	43,416	41,335
Tangible Book Value Per Share	1321.30	1179.28	1001.89	978.34	938.96

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