ProjectHoldings 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 2017
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 '17 Dec 31, 2017
Cash & Equivalents	1,859	2,095	2,624	2,772	2,220	55.15
Cash & Short-Term Investments	1,859	2,095	2,624	2,772	2,220	55.15
Cash Growth	-17.26%	-20.16%	-5.34%	24.87%	3925.60%	94.81%
Receivables	728.17	642	582	690	592	19.04
Other Current Assets	173.4	177	477	134	96	1.82
Total Current Assets	2,761	2,914	3,683	3,596	2,908	76
Property, Plant & Equipment	526.12	533	579	57	59	3.41
Long-Term Investments	2	680	763	866	741	-
Goodwill	216.86	224	255	1,045	568	-
Other Intangible Assets	165.97	171	192	1	1	0.95
Long-Term Deferred Tax Assets	109.36	109	66	69	-	-
Long-Term Deferred Charges	-	-	-	2	7	-
Other Long-Term Assets	675.61	1	2	2	1	6.43
Total Assets	4,457	4,632	5,540	5,638	4,285	86.8
Accounts Payable	195.48	161	194	299	271	3.33
Accrued Expenses	190.5	202	112	23	-	-
Short-Term Debt	-	-	-	-	-	5.29
Current Portion of Long-Term Debt	438.18	494	639	457	157	-
Current Income Taxes Payable	36.77	411	354	274	392	-
Other Current Liabilities	505.94	227	196	152	147	14.47
Total Current Liabilities	1,367	1,495	1,495	1,205	967	23.08
Long-Term Debt	649.17	735	1,590	1,780	510	28.92
Long-Term Deferred Tax Liabilities	53.27	55	67	-	-	-
Other Long-Term Liabilities	72.35	88	147	2	3	-
Total Liabilities	2,142	2,373	3,299	2,987	1,480	52
Common Stock	50	50	50	1,029	970	34.8
Additional Paid-In Capital	921.65	925	1,571	633	615	-
Retained Earnings	1,528	1,475	1,349	1,741	1,204	-
Treasury Stock	-196.09	-201	-729	-757	-	-
Comprehensive Income & Other	12.19	10	-	5	16	-
Shareholders' Equity	2,315	2,259	2,241	2,651	2,805	34.8
Total Liabilities & Equity	4,457	4,632	5,540	5,638	4,285	86.8
Total Debt	1,087	1,229	2,229	2,237	667	34.21
Net Cash (Debt)	772.13	866	395	535	1,553	20.94
Net Cash Growth	367.72%	119.24%	-26.17%	-65.55%	7317.49%	57.33%
Net Cash Per Share	144.89	161.10	72.84	90.11	260.39	-
Filing Date Shares Outstanding	5.32	5.32	5.42	5.42	5.76	-
Total Common Shares Outstanding	5.32	5.32	5.42	5.41	5.74	-
Working Capital	1,394	1,419	2,188	2,391	1,941	-
Book Value Per Share	434.87	424.57	413.56	489.96	488.94	-
Tangible Book Value	1,932	1,864	1,794	1,605	2,236	-
Tangible Book Value Per Share	362.97	350.33	331.07	296.64	389.76	-