TYO:9218 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	1,132	1,492	1,116	913	659	423
Cash & Short-Term Investments	1,132	1,492	1,116	913	659	423
Cash Growth	9.80%	33.69%	22.23%	38.54%	55.79%	125.00%
Accounts Receivable	1,102	845	636	361	234	145
Other Receivables	14	-	19	30	68	-
Receivables	1,116	845	655	391	302	145
Inventory	5	3	3	2	3	-
Prepaid Expenses	72	40	26	27	22	11
Other Current Assets	135	21	8	2	4	1
Total Current Assets	2,460	2,401	1,808	1,335	990	580
Property, Plant & Equipment	187	115	70	38	13	3
Long-Term Investments	154	131	52	33	11	3
Goodwill	1,988	1,717	1,855	177	186	-
Other Intangible Assets	822	823	770	79	60	43
Long-Term Deferred Tax Assets	64	47	38	70	34	32
Other Long-Term Assets	2	3	2	1	2	2
Total Assets	5,802	5,368	4,625	1,733	1,296	663
Accounts Payable	148	147	130	96	133	68
Accrued Expenses	28	-	-	-	1	-
Short-Term Debt	-	-	-	35	-	-
Current Portion of Long-Term Debt	578	508	371	84	48	30
Current Portion of Leases	-	-	-	-	1	12
Current Income Taxes Payable	647	681	435	173	292	139
Other Current Liabilities	157	164	39	17	31	21
Total Current Liabilities	1,558	1,500	975	405	506	270
Long-Term Debt	2,493	2,110	2,197	212	133	143
Long-Term Leases	-	-	-	-	-	1
Long-Term Deferred Tax Liabilities	190	190	157	-	-	-
Other Long-Term Liabilities	36	2	2	2	3	2
Total Liabilities	4,277	3,802	3,331	619	642	416
Common Stock	559	554	545	540	530	459
Additional Paid-In Capital	550	545	536	531	521	450
Retained Earnings	218	268	13	43	-397	-663
Comprehensive Income & Other	198	199	200	-	-	1
Shareholders' Equity	1,525	1,566	1,294	1,114	654	247
Total Liabilities & Equity	5,802	5,368	4,625	1,733	1,296	663
Total Debt	3,071	2,618	2,568	331	182	186
Net Cash (Debt)	-1,939	-1,126	-1,452	582	477	237
Net Cash Growth	-	-	-	22.01%	101.27%	-
Net Cash Per Share	-183.53	-106.41	-142.55	55.09	45.20	26.53
Filing Date Shares Outstanding	10.46	10.45	10.37	10.11	9.84	9.62
Total Common Shares Outstanding	10.46	10.45	10.33	10.11	9.84	9.57
Working Capital	902	901	833	930	484	310
Book Value Per Share	145.82	149.90	125.28	110.22	66.50	25.82
Tangible Book Value	-1,285	-974	-1,331	858	408	204
Tangible Book Value Per Share	-122.87	-93.23	-128.86	84.89	41.48	21.33