GRCS Inc. Balance Sheet

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

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2018
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '18 Nov 30, 2018
Cash & Equivalents	530.76	740	611	847	156.81
Cash & Short-Term Investments	530.76	740	611	847	156.81
Cash Growth	-28.28%	21.11%	-27.86%	440.13%	-57.27%
Receivables	426.02	487	339	397	104.29
Inventory	6.11	3	1	-	0
Prepaid Expenses	105.59	30	51	35	-
Other Current Assets	1.4	72	66	38	19.06
Total Current Assets	1,070	1,332	1,068	1,317	280.16
Property, Plant & Equipment	56.04	61	66	42	6.47
Long-Term Investments	-	41	38	44	-
Goodwill	391.04	340	246	-	-
Other Intangible Assets	117.79	35	13	11	20.83
Long-Term Deferred Tax Assets	36.96	111	-	84	-
Long-Term Deferred Charges	-	1	1	-	-
Other Long-Term Assets	42.06	2	2	2	17
Total Assets	1,714	1,923	1,434	1,500	324.46
Accounts Payable	114.38	131	84	124	26.99
Accrued Expenses	273.76	283	187	185	-
Short-Term Debt	-	37	100	29	64.69
Current Portion of Long-Term Debt	258.1	213	174	142	-
Current Portion of Leases	90.64	-	-	-	-
Current Income Taxes Payable	0.45	122	29	55	-
Current Unearned Revenue	167.48	-	-	-	-
Other Current Liabilities	22.98	205	128	74	103.85
Total Current Liabilities	927.8	991	702	609	195.53
Long-Term Debt	475.79	398	391	396	147.65
Long-Term Leases	179.56	-	-	-	-
Long-Term Deferred Tax Liabilities	-	-	4	-	-
Other Long-Term Liabilities	226.56	120	120	15	4.61
Total Liabilities	1,810	1,509	1,217	1,020	347.78
Common Stock	50	363	303	299	-23.32
Additional Paid-In Capital	627.86	314	267	263	-
Retained Earnings	-714.31	-186	-298	-18	-
Treasury Stock	-99.72	-99	-99	-99	-
Comprehensive Income & Other	40.22	22	-1	-1	-
Total Common Equity	-95.94	414	172	444	-23.32
Minority Interest	-	-	45	36	-
Shareholders' Equity	-95.94	414	217	480	-23.32
Total Liabilities & Equity	1,714	1,923	1,434	1,500	324.46
Total Debt	1,004	648	665	567	212.34
Net Cash (Debt)	-473.33	92	-54	280	-55.53
Net Cash Per Share	-350.53	69.55	-42.12	215.14	-
Filing Date Shares Outstanding	1.35	1.35	1.28	1.28	-
Total Common Shares Outstanding	1.35	1.35	1.28	1.28	-
Working Capital	142.08	341	366	708	-
Book Value Per Share	-71.05	306.59	133.92	346.88	-
Tangible Book Value	-604.77	39	-87	433	-
Tangible Book Value Per Share	-447.87	28.88	-67.74	338.28	-

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