f-code 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 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '19 Dec 31, 2019
Cash & Equivalents	7,867	6,236	4,039	189
Cash & Short-Term Investments	7,867	6,236	4,039	189
Cash Growth	12.04%	54.40%	2037.04%	-
Accounts Receivable	2,446	1,237	568	120
Other Receivables	-	-	-	5
Receivables	2,446	1,237	568	125
Inventory	-	-	-	3
Prepaid Expenses	-	-	-	8
Other Current Assets	1,195	1,232	220	11
Total Current Assets	11,507	8,705	4,827	336
Property, Plant & Equipment	498.84	283	238	13
Long-Term Investments	-	162	68	30
Goodwill	13,632	11,491	4,284	-
Other Intangible Assets	272.22	142	119	-
Long-Term Deferred Tax Assets	1,448	965	1,443	-
Other Long-Term Assets	1,293	1	1	1
Total Assets	28,652	21,749	10,980	380
Accounts Payable	901.28	551	207	110
Accrued Expenses	-	-	-	15
Short-Term Debt	250	48	291	-
Current Portion of Long-Term Debt	2,712	1,797	1,104	35
Current Portion of Leases	127.56	82	50	-
Current Income Taxes Payable	457.49	168	5	26
Other Current Liabilities	2,180	3,425	539	31
Total Current Liabilities	7,808	6,071	2,196	217
Long-Term Debt	9,935	5,443	4,142	145
Long-Term Leases	287.51	155	130	-
Other Long-Term Liabilities	4,264	3,975	1,188	1
Total Liabilities	22,294	15,644	7,656	363
Common Stock	57.52	27	15	100
Additional Paid-In Capital	5,245	5,485	2,862	244
Retained Earnings	2,188	1,215	314	-327
Comprehensive Income & Other	-	1	1	-
Total Common Equity	7,134	6,728	3,192	17
Minority Interest	-776.35	-623	132	-
Shareholders' Equity	6,358	6,105	3,324	17
Total Liabilities & Equity	28,652	21,749	10,980	380
Total Debt	13,312	7,525	5,717	180
Net Cash (Debt)	-5,446	-1,289	-1,678	9
Net Cash Per Share	-446.03	-102.39	-155.34	1.19
Filing Date Shares Outstanding	12.21	12.35	10.61	7.54
Total Common Shares Outstanding	12.21	12.26	10.55	7.54
Working Capital	3,700	2,634	2,631	119
Book Value Per Share	584.34	548.77	302.67	2.25
Tangible Book Value	-6,771	-4,905	-1,211	17
Tangible Book Value Per Share	-554.56	-400.08	-114.83	2.25

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