TYO:9218 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	1,354	1,116	913	659	423	188
Cash & Short-Term Investments	1,354	1,116	913	659	423	188
Cash Growth	40.02%	22.23%	38.54%	55.79%	125.00%	77.36%
Accounts Receivable	777	636	361	234	145	115
Other Receivables	2	19	30	68	-	-
Receivables	779	655	391	302	145	115
Inventory	3	3	2	3	-	-
Prepaid Expenses	50	26	27	22	11	12
Other Current Assets	19	8	2	4	1	1
Total Current Assets	2,205	1,808	1,335	990	580	316
Property, Plant & Equipment	133	70	38	13	3	3
Long-Term Investments	132	52	33	11	3	4
Goodwill	1,783	1,855	177	186	-	-
Other Intangible Assets	763	770	79	60	43	49
Long-Term Deferred Tax Assets	17	38	70	34	32	-
Other Long-Term Assets	2	2	1	2	2	2
Total Assets	5,151	4,625	1,733	1,296	663	374
Accounts Payable	138	130	96	133	68	54
Accrued Expenses	-	-	-	1	-	-
Short-Term Debt	-	-	35	-	-	20
Current Portion of Long-Term Debt	487	371	84	48	30	18
Current Portion of Leases	-	-	-	1	12	12
Current Income Taxes Payable	542	435	173	292	139	82
Other Current Liabilities	31	39	17	31	21	18
Total Current Liabilities	1,198	975	405	506	270	204
Long-Term Debt	2,239	2,197	212	133	143	157
Long-Term Leases	-	-	-	-	1	14
Long-Term Deferred Tax Liabilities	161	157	-	-	-	-
Other Long-Term Liabilities	1	2	2	3	2	1
Total Liabilities	3,599	3,331	619	642	416	376
Common Stock	550	545	540	530	459	415
Additional Paid-In Capital	541	536	531	521	450	406
Retained Earnings	263	13	43	-397	-663	-824
Comprehensive Income & Other	198	200	-	-	1	1
Shareholders' Equity	1,552	1,294	1,114	654	247	-2
Total Liabilities & Equity	5,151	4,625	1,733	1,296	663	374
Total Debt	2,726	2,568	331	182	186	221
Net Cash (Debt)	-1,372	-1,452	582	477	237	-33
Net Cash Growth	-	-	22.01%	101.27%	-	-
Net Cash Per Share	-130.78	-142.55	55.09	45.20	26.53	-3.77
Filing Date Shares Outstanding	10.39	10.37	10.11	9.84	9.62	8.75
Total Common Shares Outstanding	10.39	10.33	10.11	9.84	9.57	8.75
Working Capital	1,007	833	930	484	310	112
Book Value Per Share	149.36	125.28	110.22	66.50	25.82	-0.23
Tangible Book Value	-994	-1,331	858	408	204	-51
Tangible Book Value Per Share	-95.66	-128.86	84.89	41.48	21.33	-5.83

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.