Rebase Balance Sheet

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	1,254	1,541	1,124	792	553	424
Cash & Short-Term Investments	1,254	1,541	1,124	792	553	424
Cash Growth	-11.13%	37.10%	41.92%	43.22%	30.43%	-
Receivables	170	133	111	91	73	54
Prepaid Expenses	-	43	39	33	11	17
Other Current Assets	94	3	4	4	4	4
Total Current Assets	1,518	1,720	1,278	920	641	499
Property, Plant & Equipment	109	51	60	51	58	5
Long-Term Investments	300	111	44	46	50	9
Other Intangible Assets	81	52	59	50	30	-
Long-Term Deferred Tax Assets	-	27	23	12	15	10
Other Long-Term Assets	2	1	2	-	2	1
Total Assets	2,010	1,962	1,466	1,079	796	524
Accrued Expenses	6	23	11	6	4	12
Short-Term Debt	100	-	-	-	12	-
Current Portion of Long-Term Debt	-	-	-	-	9	11
Current Income Taxes Payable	134	165	224	152	190	72
Other Current Liabilities	475	389	256	181	93	70
Total Current Liabilities	715	577	491	339	308	165
Long-Term Debt	-	-	-	-	75	85
Other Long-Term Liabilities	20	5	5	-	-	1
Total Liabilities	735	582	496	339	383	251
Common Stock	191	191	167	167	82	82
Additional Paid-In Capital	191	191	167	167	82	82
Retained Earnings	892	998	635	406	247	108
Comprehensive Income & Other	1	-	1	-	2	1
Shareholders' Equity	1,275	1,380	970	740	413	273
Total Liabilities & Equity	2,010	1,962	1,466	1,079	796	524
Total Debt	100	-	-	-	96	96
Net Cash (Debt)	1,154	1,541	1,124	792	457	328
Net Cash Growth	-18.21%	37.10%	41.92%	73.30%	39.33%	-
Net Cash Per Share	233.40	313.39	229.04	171.18	114.25	82.00
Filing Date Shares Outstanding	4.92	4.72	4.61	4.59	4	4
Total Common Shares Outstanding	4.92	4.72	4.61	4.59	4	4
Working Capital	803	1,143	787	581	333	334
Book Value Per Share	259.40	292.48	210.52	161.05	103.25	68.25
Tangible Book Value	1,194	1,328	911	690	383	273
Tangible Book Value Per Share	242.92	281.46	197.71	150.17	95.75	68.25

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