GLAD CUBE 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	1,237	1,661	1,738	2,158	1,169	796
Cash & Short-Term Investments	1,237	1,661	1,738	2,158	1,169	796
Cash Growth	-16.53%	-4.43%	-19.46%	84.60%	46.86%	-
Receivables	435	415	602	412	497	238
Prepaid Expenses	-	54	24	29	16	16
Other Current Assets	215	178	208	165	153	111
Total Current Assets	1,889	2,308	2,572	2,764	1,835	1,161
Property, Plant & Equipment	27	32	18	15	15	17
Long-Term Investments	201	158	167	24	27	58
Goodwill	-	-	263	-	-	-
Other Intangible Assets	61	68	49	71	43	37
Long-Term Deferred Tax Assets	-	-	148	24	42	34
Long-Term Deferred Charges	-	2	5	8	-	-
Other Long-Term Assets	2	2	2	2	1	1
Total Assets	2,180	2,570	3,224	2,908	1,963	1,308
Accounts Payable	398	407	493	394	486	244
Accrued Expenses	99	146	99	62	77	47
Short-Term Debt	-	100	-	-	-	-
Current Portion of Long-Term Debt	288	272	265	179	110	120
Current Income Taxes Payable	120	157	156	319	386	234
Current Unearned Revenue	-	-	-	-	23	1
Other Current Liabilities	163	183	154	204	204	156
Total Current Liabilities	1,068	1,265	1,167	1,158	1,286	802
Long-Term Debt	422	555	679	432	226	256
Other Long-Term Liabilities	2	-	1	2	-	1
Total Liabilities	1,492	1,820	1,847	1,592	1,512	1,059
Common Stock	372	371	370	369	85	85
Additional Paid-In Capital	362	361	360	359	75	75
Retained Earnings	-46	17	646	587	290	88
Comprehensive Income & Other	-	1	1	1	1	1
Shareholders' Equity	688	750	1,377	1,316	451	249
Total Liabilities & Equity	2,180	2,570	3,224	2,908	1,963	1,308
Total Debt	710	927	944	611	336	376
Net Cash (Debt)	527	734	794	1,547	833	420
Net Cash Growth	-29.92%	-7.56%	-48.68%	85.71%	98.33%	-
Net Cash Per Share	62.86	89.11	93.80	201.11	112.10	56.52
Filing Date Shares Outstanding	8.43	8.3	8.2	8.06	7.43	7.43
Total Common Shares Outstanding	8.43	8.3	8.2	8.06	7.43	7.43
Working Capital	821	1,043	1,405	1,606	549	359
Book Value Per Share	81.63	90.39	167.88	163.23	60.69	33.51
Tangible Book Value	627	682	1,065	1,245	408	212
Tangible Book Value Per Share	74.39	82.19	129.85	154.42	54.91	28.53

Source: S&P Global Market Intelligence. Standard template. Financial Sources.