Starts Publishing 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	3,574	5,573	6,219	4,844	3,353	2,288
Short-Term Investments	3,500	1,500	1,500	1,500	1,500	1,500
Cash & Short-Term Investments	7,074	7,073	7,719	6,344	4,853	3,788
Cash Growth	-8.57%	-8.37%	21.67%	30.72%	28.12%	40.40%
Accounts Receivable	2,634	2,833	2,511	2,738	2,459	1,871
Receivables	2,634	2,833	2,511	2,738	2,459	1,871
Inventory	250	213	135	127	146	117
Prepaid Expenses	49	27	21	20	21	24
Other Current Assets	218	237	229	170	89	-31
Total Current Assets	10,225	10,383	10,615	9,399	7,568	5,769
Property, Plant & Equipment	37	40	43	51	53	34
Long-Term Investments	2,354	2,286	1,173	982	784	777
Other Intangible Assets	152	152	148	154	147	173
Other Long-Term Assets	1	1	2	1	2	1
Total Assets	12,809	12,902	11,981	10,587	8,554	6,754
Accounts Payable	486	582	507	554	511	399
Accrued Expenses	241	125	134	70	84	55
Current Income Taxes Payable	244	237	432	641	620	492
Other Current Liabilities	897	928	948	1,013	823	369
Total Current Liabilities	1,868	1,872	2,021	2,278	2,038	1,315
Pension & Post-Retirement Benefits	86	68	65	61	57	70
Long-Term Deferred Tax Liabilities	147	188	127	77	67	88
Other Long-Term Liabilities	1	2	2	1	3	2
Total Liabilities	2,237	2,130	2,215	2,417	2,165	1,475
Common Stock	540	540	540	540	540	540
Additional Paid-In Capital	536	536	536	536	536	536
Retained Earnings	8,878	8,956	8,040	6,559	4,896	3,805
Comprehensive Income & Other	750	740	650	535	417	398
Shareholders' Equity	10,572	10,772	9,766	8,170	6,389	5,279
Total Liabilities & Equity	12,809	12,902	11,981	10,587	8,554	6,754
Net Cash (Debt)	6,939	7,073	7,719	6,344	4,853	3,788
Net Cash Growth	-10.31%	-8.37%	21.67%	30.72%	28.12%	40.40%
Net Cash Per Share	1809.29	1842.13	2010.36	1652.22	2527.80	986.53
Filing Date Shares Outstanding	3.82	3.84	3.84	3.84	-	3.84
Total Common Shares Outstanding	3.82	3.84	3.84	3.84	-	3.84
Working Capital	8,357	8,511	8,594	7,121	5,530	4,454
Book Value Per Share	2766.04	2805.53	2543.48	2127.79	-	1374.84
Tangible Book Value	10,420	10,620	9,618	8,016	6,242	5,106
Tangible Book Value Per Share	2726.27	2765.94	2504.94	2087.68	-	1329.79

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