GRCS Inc. Balance Sheet

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

Millions JPY. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2018
Period Ending	Feb '26 Feb 28, 2026	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	418.58	530	740	611	847	156.81
Cash & Short-Term Investments	418.58	530	740	611	847	156.81
Cash Growth	-6.57%	-28.38%	21.11%	-27.86%	440.13%	-57.27%
Receivables	459.61	426	487	339	397	104.29
Inventory	5.48	6	3	1	-	0
Prepaid Expenses	118.91	105	30	51	35	-
Other Current Assets	16.34	2	72	66	38	19.06
Total Current Assets	1,019	1,069	1,332	1,068	1,317	280.16
Property, Plant & Equipment	55.81	56	61	66	42	6.47
Long-Term Investments	-	43	41	38	44	-
Goodwill	367.45	391	340	246	-	-
Other Intangible Assets	117.53	117	35	13	11	20.83
Long-Term Deferred Tax Assets	37.21	36	111	-	84	-
Long-Term Deferred Charges	-	-	1	1	-	-
Other Long-Term Assets	42.3	1	2	2	2	17
Total Assets	1,639	1,713	1,923	1,434	1,500	324.46
Accounts Payable	105.63	115	131	84	124	26.99
Accrued Expenses	247	229	283	187	185	-
Short-Term Debt	-	-	37	100	29	64.69
Current Portion of Long-Term Debt	247.37	258	213	174	142	-
Current Portion of Leases	70.68	90	-	-	-	-
Current Income Taxes Payable	2.94	44	122	29	55	-
Other Current Liabilities	124.78	191	205	128	74	103.85
Total Current Liabilities	971.69	927	991	702	609	195.53
Long-Term Debt	419.28	475	398	391	396	147.65
Long-Term Leases	164.96	179	-	-	-	-
Long-Term Deferred Tax Liabilities	-	-	-	4	-	-
Other Long-Term Liabilities	118.26	228	120	120	15	4.61
Total Liabilities	1,674	1,809	1,509	1,217	1,020	347.78
Common Stock	116.61	50	363	303	299	-23.32
Additional Paid-In Capital	694.48	627	314	267	263	-
Retained Earnings	-791.82	-714	-186	-298	-18	-
Treasury Stock	-99.72	-99	-99	-99	-99	-
Comprehensive Income & Other	45.49	40	22	-1	-1	-
Total Common Equity	-34.97	-96	414	172	444	-23.32
Minority Interest	-	-	-	45	36	-
Shareholders' Equity	-34.97	-96	414	217	480	-23.32
Total Liabilities & Equity	1,639	1,713	1,923	1,434	1,500	324.46
Total Debt	902.28	1,002	648	665	567	212.34
Net Cash (Debt)	-483.7	-472	92	-54	280	-55.53
Net Cash Per Share	-354.81	-349.54	69.55	-42.12	215.14	-
Filing Date Shares Outstanding	1.49	1.49	1.35	1.28	1.28	-
Total Common Shares Outstanding	1.49	1.35	1.35	1.28	1.28	-
Working Capital	47.23	142	341	366	708	-
Book Value Per Share	-23.54	-71.09	306.59	133.92	346.88	-
Tangible Book Value	-519.95	-604	39	-87	433	-
Tangible Book Value Per Share	-350.06	-447.30	28.88	-67.74	338.28	-

Updated Feb 28, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.