for Startups 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
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
Cash & Equivalents	2,007	1,895	1,655	1,745	1,717
Cash & Short-Term Investments	2,007	1,895	1,655	1,745	1,717
Cash Growth	-5.21%	14.50%	-5.16%	1.63%	-
Receivables	1,021	861	890	794	426
Prepaid Expenses	56	37	34	25	18
Other Current Assets	5	19	3	3	6
Total Current Assets	3,089	2,812	2,582	2,567	2,167
Property, Plant & Equipment	317	348	67	123	135
Long-Term Investments	1,007	395	485	214	209
Other Intangible Assets	-	-	-	-	2
Long-Term Deferred Tax Assets	-	110	106	64	53
Other Long-Term Assets	1	1	1	1	3
Total Assets	4,414	3,666	3,241	2,969	2,569
Accounts Payable	-	1	-	-	-
Accrued Expenses	285	281	127	94	58
Current Portion of Long-Term Debt	114	114	-	66	116
Current Income Taxes Payable	535	257	408	482	764
Other Current Liabilities	175	135	161	137	78
Total Current Liabilities	1,109	788	696	779	1,016
Long-Term Debt	313	399	-	-	66
Other Long-Term Liabilities	1	2	1	1	3
Total Liabilities	1,423	1,189	697	780	1,085
Common Stock	238	238	238	226	224
Additional Paid-In Capital	239	238	238	226	224
Retained Earnings	2,108	2,051	1,697	1,311	869
Treasury Stock	-	-364	-	-	-
Comprehensive Income & Other	-	1	33	21	2
Total Common Equity	2,585	2,164	2,206	1,784	1,319
Minority Interest	406	313	338	405	165
Shareholders' Equity	2,991	2,477	2,544	2,189	1,484
Total Liabilities & Equity	4,414	3,666	3,241	2,969	2,569
Total Debt	427	513	-	66	182
Net Cash (Debt)	1,580	1,382	1,655	1,679	1,535
Net Cash Growth	0.27%	-16.50%	-1.43%	9.38%	-
Net Cash Per Share	377.99	194.03	226.86	230.16	210.74
Filing Date Shares Outstanding	-	6.6	7.29	7.09	7.09
Total Common Shares Outstanding	-	6.64	7.29	7.09	7.06
Working Capital	1,980	2,024	1,886	1,788	1,151
Book Value Per Share	-	325.78	302.50	251.51	186.89
Tangible Book Value	2,585	2,164	2,206	1,784	1,317
Tangible Book Value Per Share	-	325.78	302.50	251.51	186.61

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