Consolidated Balance Sheet

FY 2024 – Consolidated Balance Sheet

(Million yen)

	FY2023 (as of December 31, 2023)	FY2024 (as of December 31, 2024)
ASSETS
Current assets
Cash and deposits	14,468	17,531
Notes and accounts receivable-trade	8,416	7,657
Merchandise	43	58
Supplies	30	16
Other	1,943	2,230
Allowance for doubtful accounts	(52)	(24)
Total current assets	24,849	27,468
Non-current assets
Property, plant and equipment
Buildings and structures	1,965	1,871
Accumulated depreciation and impairment	(1,254)	(1,168)
Buildings and structures, net	712	704
Machinery, equipment and vehicles	8	8
Accumulated depreciation and impairment	(7)	(7)
Machinery, equipment and vehicles, net	1	0
Tools, furniture and fixtures	1,078	1,070
Accumulated depreciation and impairment	(894)	(890)
Tools, furniture and fixtures, net	184	180
Land	1,145	1,145
Construction in progress	–	51
Total property, plant and equipment	2,042	2,080
Intangible assets
Software	448	634
Goodwill	5,829	5,223
Trademark right	1,650	1,558
Other	22	22
Total intangible assets	7,950	7,436
Investments and other assets
Investment securities	2,324	2,740
Guarantee deposits	1,192	1,149
Deferred tax assets	477	476
Other	156	127
Allowance for doubtful accounts	(12)	(8)
Total investments and other assets	4,137	4,484
Total non-current assets	14,128	14,000

Total assets

38,977

41,468

(Million yen)

	FY2023 (as of December 31, 2023)	FY2024 (as of December 31, 2024)
LIABILITIES
Current liabilities
Notes and accounts payable-trade	537	582
Short-term borrowings	1,000	1,000
Accounts payable-other	1,751	1,664
Accrued expenses	1,876	1,672
Income taxes payable	1,250	1,915
Accrued consumption taxes	1,361	1,007
Provision for bonuses	177	26
Other	1,842	2,326
Total current liabilities	9,793	10,191
Non-current liabilities
Retirement benefit liability	893	924
Asset retirement obligations	405	389
Deferred tax liabilities	620	634
Other	481	462
Total non-current liabilities	2,399	2,408
Total liabilities	12,192	12,599
NET ASSETS
Shareholders’ equity
Share capital	2,780	2,780
Capital surplus	2,006	1,888
Retained earnings	24,868	28,137
Treasury shares	(4,647)	(4,638)
Total shareholders’ equity	25,007	28,167
Accumulated other comprehensive income
Valuation difference on available-for-sale securities	140	121
Foreign currency translation adjustment	253	329
Total accumulated other comprehensive income	394	450
Share acquisition rights	204	253
Non-controlling interests	1,181	–

Total net assets	26,785	28,869
Total liabilities and net assets	38,977	41,468