ZenmuTech 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	788	507	308	83
Cash & Short-Term Investments	788	507	308	83
Cash Growth	55.42%	64.61%	271.08%	-
Receivables	330	74	214	28
Inventory	1	2	-	-
Prepaid Expenses	9	8	11	6
Other Current Assets	45	12	3	3
Total Current Assets	1,173	603	536	120
Property, Plant & Equipment	5	2	2	1
Long-Term Investments	20	1	2	1
Other Intangible Assets	45	20	13	5
Long-Term Deferred Tax Assets	41	29	23	-
Other Long-Term Assets	2	1	1	1
Total Assets	1,286	656	577	128
Accrued Expenses	47	36	26	12
Short-Term Debt	100	-	-	-
Current Portion of Long-Term Debt	-	119	137	137
Current Income Taxes Payable	73	38	55	12
Other Current Liabilities	251	214	184	98
Total Current Liabilities	471	407	402	259
Long-Term Debt	-	11	18	25
Other Long-Term Liabilities	1	1	1	-1
Total Liabilities	472	419	421	283
Common Stock	434	219	217	100
Additional Paid-In Capital	593	387	387	270
Retained Earnings	-218	-374	-452	-525
Comprehensive Income & Other	5	5	4	-
Shareholders' Equity	814	237	156	-155
Total Liabilities & Equity	1,286	656	577	128
Total Debt	100	130	155	162
Net Cash (Debt)	688	377	153	-79
Net Cash Growth	82.49%	146.41%	-	-
Net Cash Per Share	507.52	354.21	155.53	-80.81
Filing Date Shares Outstanding	1.36	1.07	0.98	0.98
Total Common Shares Outstanding	1.36	1.07	0.98	0.98
Working Capital	702	196	134	-139
Book Value Per Share	598.37	221.71	158.58	-158.55
Tangible Book Value	769	217	143	-160
Tangible Book Value Per Share	565.29	203.00	145.36	-163.67
Order Backlog	240	241	-	-

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