KNT CT : CONSOLIDATED BALANCE SHEETS March 31, 2022 and 2021

KNT-CT HOLDINGS CO., LTD.

CONSOLIDATED BALANCE SHEETS

March 31, 2022 and 2021
	Millions of Yen
ASSETS	March 31, 2022		March 31, 2021
CURRENT ASSETS:
Cash and deposits	¥ 56,206	¥ 24,284
Notes and accounts receivable - trade	-	16,885
Notes and accounts receivable - trade, and contract assets	27,419	-
Allowance for doubtful accounts	(51)	(34)
Inventories	99	115
Advances paid to suppliers	5,087	5,815
Prepaid expenses and other current assets	3,205		4,081
Total current assets	91,967	51,148
PROPERTY AND EQUIPMENT, at cost:
Land	139	135
Buildings	817	1,016
Equipment	1,401	1,706
Construction in progress	12	-
Accumulated depreciation	(1,962)		(2,601)
Total property and equipment	408	257
INTANGIBLE ASSETS
Software	504	53
Other	0		0
Total intangible assets	505	53
INVESTMENTS AND OTHER ASSETS:
Investment securities	3,891	4,478
Allowance for doubtful accounts	(341)	(380)
Net defined benefit asset	1,930	1,956
Deferred tax asset	5	-
Other assets	3,975		5,303
Total investments and other assets	9,460		11,358
Total assets	¥ 102,341	¥ 62,817

KNT-CT HOLDINGS CO., LTD.

CONSOLIDATED BALANCE SHEETS

March 31, 2022 and 2021
	Millions of Yen
LIABILITIES	March 31, 2022		March 31, 2021
CURRENT LIABILITIES:
Accounts payable trade	¥ 22,676	¥ 18,917
Advances received	47,733	47,264
Accrued income taxes	789	225
Accrued expenses and other current liabilities	3,802		1,935
Total current liabilities	75,002	68,344
Deferred tax liabilities	1,125	1,215
Allowance for losses on uncollected	-	913
gift coupon for future use
Other long-term liabilities	1,896		1,998
Total liabilities	78,025	72,471
STOCKHOLDERS' EQUITY:
Common stock,
Authorized - 38,000,000 shares
Issued - 27,331,013 shares	8,041	8,041
Capital surplus	47,204	7,204
Retained earnings	(32,700)	(26,851)
Treasury stock	(14)		(13)
Total stockholders' eouity	22,531	(11,618)
APPRAISAL AND TRANSLATION DIFFERENCES
Net unrealized holding gains on securities	1,015	1,205
Foreign currency translation adjisument	469	263
Remeasurements of difined benefit plans	267		457
Total appraisal and translation differences	1,752	1,926
NON-CONTROLLING INTERESTS	31		37
Total Net Assets	24,315		(9,654)
Total liabilities and Net Assets	¥ 102,341	¥ 62,817