Consolidated Balance Sheet

(JPY in Thousands)
FY2024
(As of Dec.31,2024)
FY2025
(As of Dec.31,2025)
Assets
Current assets
Cash and deposits 1,734,390 1,678,886
Notes receivable - trade 6,764 6,077
Accounts receivable - trade 863,188 948,048
Contract assets 680,224 838,976
Merchandise and finished goods 184,197 164,166
Work in process 5,304 7,232
Raw Materials and supplies 50,383 19,964
Other 58,010 80,320
Total current assets 3,582,463 3,743,671
Non-current assets
Property, plant and equipment
Buildings 74,300 77,163
Accumulated depreciation (27,108) (31,909)
Buildings, net 47,192 45,254
Other 177,282 185,508
Accumulated depreciation (144,261) (144,781)
Other, net 33,020 40,727
Total property, plant and equipment 80,213 85,981
Intangible assets
Software 310,519 299,227
Other 344 344
Total intangible assets 310,863 299,571
Investments and other assets
Investment securities 2,315,050 2,217,610
Leasehold deposits 172,196 167,827
Deferred tax assets 213,935 281,580
Other 9,380 11,615
Total Investments and other assets 2,710,563 2,678,633
Total non-current assets 3,101,640 3,064,186
Total assets 6,684,103 6,807,858
(JPY in Thousands)
FY2024
(As of Dec.31,2024)
FY2025
(As of Dec.31,2025)
Liabilities
Current liabilities
Accounts payable - trade 67,289 36,090
Accounts payable - other 104,913 127,991
Income taxes payable 259,266 345,067
Other 342,800 517,400
Total current liabilities 774,270 1,026,550
Non-current liabilities
Provision for share awards 271,210 314,130
Other 31,430 83
Total non-current liabilities 302,641 314,213
Total liabilities 1,076,912 1,340,763
Net assets
Shareholders’ equity
Share capital 254,259 254,259
Capital surplus 227,222 225,785
Retained earnings 5,907,136 6,755,228
Treasury shares (771,816) (1,752,311)
Total shareholders’ equity 5,616,802 5,482,962
Accumulated other comprehensive income
Valuation difference on available-for-sale securities (14,317) (42,005)
Total accumulated other comprehensive income (14,317) (42,005)
Non-controlling interests 4,706 26,138
Total net assets 5,607,191 5,467,095
Total liabilities and net assets 6,684,103 6,807,858