GLAD CUBE Balance Sheet

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,370	1,661	1,738	2,158	1,169
Cash & Short-Term Investments	1,370	1,661	1,738	2,158	1,169
Cash Growth	-17.52%	-4.43%	-19.46%	84.60%	46.86%
Receivables	411	415	602	412	497
Prepaid Expenses	-	54	24	29	16
Other Current Assets	140	178	208	165	153
Total Current Assets	1,921	2,308	2,572	2,764	1,835
Property, Plant & Equipment	26	32	18	15	15
Long-Term Investments	140	158	167	24	27
Goodwill	-	-	263	-	-
Other Intangible Assets	59	68	49	71	43
Long-Term Deferred Tax Assets	11	-	148	24	42
Long-Term Deferred Charges	15	2	5	8	-
Other Long-Term Assets	2	2	2	2	1
Total Assets	2,174	2,570	3,224	2,908	1,963
Accounts Payable	406	407	493	394	486
Accrued Expenses	116	146	99	62	77
Short-Term Debt	-	100	-	-	-
Current Portion of Long-Term Debt	241	272	265	179	110
Current Income Taxes Payable	8	157	156	319	386
Current Unearned Revenue	-	-	-	-	23
Other Current Liabilities	291	183	154	204	204
Total Current Liabilities	1,062	1,265	1,167	1,158	1,286
Long-Term Debt	365	555	679	432	226
Long-Term Deferred Tax Liabilities	4	-	-	-	-
Other Long-Term Liabilities	25	-	1	2	-
Total Liabilities	1,456	1,820	1,847	1,592	1,512
Common Stock	372	371	370	369	85
Additional Paid-In Capital	362	361	360	359	75
Retained Earnings	-14	17	646	587	290
Comprehensive Income & Other	-2	1	1	1	1
Shareholders' Equity	718	750	1,377	1,316	451
Total Liabilities & Equity	2,174	2,570	3,224	2,908	1,963
Total Debt	606	927	944	611	336
Net Cash (Debt)	764	734	794	1,547	833
Net Cash Growth	4.09%	-7.56%	-48.68%	85.71%	98.33%
Net Cash Per Share	90.75	89.11	93.80	201.11	112.10
Filing Date Shares Outstanding	8.43	8.3	8.2	8.06	7.43
Total Common Shares Outstanding	8.43	8.3	8.2	8.06	7.43
Working Capital	859	1,043	1,405	1,606	549
Book Value Per Share	85.14	90.39	167.88	163.23	60.69
Tangible Book Value	659	682	1,065	1,245	408
Tangible Book Value Per Share	78.14	82.19	129.85	154.42	54.91