VRAIN Solution Balance Sheet

Financials in millions JPY. Fiscal year is March - February.

Millions JPY. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov '25 Nov 30, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Cash & Equivalents	74	488.89	962.1	18.09	81.9
Cash & Short-Term Investments	74	488.89	962.1	18.09	81.9
Cash Growth	-	-49.19%	5219.61%	-77.92%	-
Receivables	1,455	838.71	292.99	158.38	23.25
Inventory	191	97.7	59.91	41.59	22.4
Prepaid Expenses	163	107.38	18.04	10.64	14.37
Other Current Assets	33	7.16	4.88	3.12	7.89
Total Current Assets	1,916	1,540	1,338	231.82	149.81
Property, Plant & Equipment	127	85.52	42.95	44.01	16.85
Other Intangible Assets	2	1.87	-	-	-
Long-Term Deferred Tax Assets	-	42.11	17.19	11.97	4.6
Other Long-Term Assets	1	204.18	51.83	53.32	71.03
Total Assets	2,276	1,874	1,450	341.12	242.29
Accounts Payable	74	34.48	1.2	-	22.55
Accrued Expenses	175	139.37	105.06	56.98	15.61
Short-Term Debt	400	-	-	-	47.22
Current Portion of Long-Term Debt	-	5.2	46.75	50.96	18.83
Current Income Taxes Payable	-	103.35	173.36	18.78	4.39
Current Unearned Revenue	37	32.61	53.86	23.2	56.27
Other Current Liabilities	112	136.39	50.69	33.29	5.68
Total Current Liabilities	798	451.39	430.92	183.21	170.55
Long-Term Debt	-	-	21.94	68.69	36.8
Other Long-Term Liabilities	1	-	0	-	0
Total Liabilities	799	451.39	452.86	251.9	207.35
Common Stock	13	10	298.73	9.9	9.9
Additional Paid-In Capital	580	577.57	288.83	-	-
Retained Earnings	884	834.55	409.47	79.31	25.03
Shareholders' Equity	1,477	1,422	997.04	89.21	34.93
Total Liabilities & Equity	2,276	1,874	1,450	341.12	242.29
Total Debt	400	5.2	68.69	119.66	102.85
Net Cash (Debt)	-326	483.69	893.41	-101.57	-20.95
Net Cash Growth	-	-45.86%	-	-	-
Net Cash Per Share	-31.86	46.96	88.47	-10.26	-2.12
Filing Date Shares Outstanding	10.23	10.11	10.11	9.9	9.9
Total Common Shares Outstanding	10.23	10.11	10.11	9.9	9.9
Working Capital	1,118	1,088	907.01	48.6	-20.73
Book Value Per Share	144.34	140.66	98.62	9.01	3.53
Tangible Book Value	1,475	1,420	997.04	89.21	34.93
Tangible Book Value Per Share	144.14	140.48	98.62	9.01	3.53
Buildings	-	35.6	23.87	23.87	11.25
Machinery	-	108.96	50.05	33.15	10.52
Construction In Progress	-	8.34	0.97	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.