Nareru Group Balance Sheet

Financials in millions JPY. Fiscal year is November - October.

Millions JPY. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 30, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Cash & Equivalents	4,886	4,822	4,516	4,083	2,283	2,155
Cash & Short-Term Investments	4,886	4,822	4,516	4,083	2,283	2,155
Cash Growth	-3.71%	6.78%	10.61%	78.84%	5.94%	-
Receivables	3,117	3,366	3,204	2,766	2,297	1,878
Other Current Assets	294	281	206	211	297	158
Total Current Assets	8,297	8,469	7,926	7,060	4,877	4,191
Property, Plant & Equipment	946	968	775	528	474	403
Long-Term Investments	289	324	312	321	318	239
Goodwill	14,074	14,074	14,074	14,074	14,074	14,100
Other Intangible Assets	71	44	20	28	24	38
Long-Term Deferred Tax Assets	687	681	508	492	384	272
Other Long-Term Assets	2	2	2	2	4	3
Total Assets	24,366	24,562	23,617	22,505	20,155	19,246
Accounts Payable	28	32	36	29	25	24
Short-Term Debt	2,714	2,000	2,000	2,000	2,714	560
Current Portion of Long-Term Debt	-	714	714	714	-	-
Current Portion of Leases	293	285	227	201	153	156
Current Income Taxes Payable	393	398	455	492	431	284
Other Current Liabilities	3,284	3,467	3,084	2,851	2,210	1,877
Total Current Liabilities	6,712	6,896	6,516	6,287	5,533	2,901
Long-Term Debt	1,785	2,142	2,857	3,571	4,285	7,450
Long-Term Leases	375	473	348	125	124	95
Pension & Post-Retirement Benefits	471	421	324	230	168	80
Other Long-Term Liabilities	132	153	132	116	112	87
Total Liabilities	9,475	10,085	10,177	10,329	10,222	10,613
Common Stock	422	420	403	248	50	50
Additional Paid-In Capital	8,573	8,566	8,550	8,397	8,202	8,202
Retained Earnings	5,860	5,453	4,431	3,319	1,556	331
Comprehensive Income & Other	36	38	56	212	125	50
Shareholders' Equity	14,891	14,477	13,440	12,176	9,933	8,633
Total Liabilities & Equity	24,366	24,562	23,617	22,505	20,155	19,246
Total Debt	5,167	5,614	6,146	6,611	7,276	8,261
Net Cash (Debt)	-281	-792	-1,630	-2,528	-4,993	-6,106
Net Cash Per Share	-31.97	-90.15	-186.65	-295.60	-605.02	-743.45
Filing Date Shares Outstanding	8.75	8.75	8.72	8.43	8.25	8.21
Total Common Shares Outstanding	8.75	8.75	8.72	8.43	8.25	8.21
Working Capital	1,585	1,573	1,410	773	-656	1,290
Book Value Per Share	1701.19	1654.64	1540.99	1445.03	1203.62	1051.14
Tangible Book Value	746	359	-654	-1,926	-4,165	-5,505
Tangible Book Value Per Share	85.22	41.03	-74.99	-228.57	-504.69	-670.28