KNT CT : CONSOLIDATED BALANCE SHEETS March 31, 2023 and 2022

KNT-CT HOLDINGS CO., LTD.

CONSOLIDATED BALANCE SHEETS

March 31, 2023 and 2022
	Millions of Yen
ASSETS	March 31, 2023		March 31, 2022
CURRENT ASSETS:
Cash and deposits	¥ 71,256	¥ 56,206
Notes and accounts receivable - trade	-	-
Notes and accounts receivable - trade, and contract assets	43,025	27,419
Allowance for doubtful accounts	(172)	(51)
Inventories	73	99
Advances paid to suppliers	8,422	5,087
Prepaid expenses and other current assets	4,248		3,205
Total current assets	126,854	91,967
PROPERTY AND EQUIPMENT, at cost:
Land	104	139
Buildings	931	817
Equipment	1,289	1,401
Other	335	12
Accumulated depreciation	(1,778)		(1,962)
Total property and equipment	882	408
INTANGIBLE ASSETS
Software	807	504
Other	1		0
Total intangible assets	809	505
INVESTMENTS AND OTHER ASSETS:
Investment securities	4,013	3,891
Allowance for doubtful accounts	(442)	(341)
Net defined benefit asset	1,737	1,930
Deferred tax asset	974	5
Other assets	3,841		3,975
Total investments and other assets	10,124		9,460
Total assets	¥ 138,671	¥ 102,341

KNT-CT HOLDINGS CO., LTD.

CONSOLIDATED BALANCE SHEETS

March 31, 2023 and 2022
	Millions of Yen
LIABILITIES	March 31, 2023		March 31, 2022
CURRENT LIABILITIES:
Accounts payable trade	¥ 26,900	¥ 22,676
Advances received	64,608	47,733
Accrued income taxes	264	789
Accrued expenses and other current liabilities	8,225		3,802
Total current liabilities	99,998	75,002
Deferred tax liabilities	766	1,125
Allowance for losses on uncollected	-	-
gift coupon for future use
Other long-term liabilities	1,980		1,896
Total liabilities	102,745	78,025
STOCKHOLDERS' EQUITY:
Common stock,
Authorized - 38,000,400 shares
Issued - 27,331,413 shares	100	8,041
Capital surplus	55,123	47,204
Retained earnings	(20,910)	(32,700)
Treasury stock	(15)		(14)
Total stockholders' eouity	34,297	22,531
APPRAISAL AND TRANSLATION DIFFERENCES
Net unrealized holding gains on securities	1,043	1,015
Foreign currency translation adjisument	502	469
Remeasurements of difined benefit plans	33		267
Total appraisal and translation differences	1,580	1,752
NON-CONTROLLING INTERESTS	47		31
Total Net Assets	35,925		24,315
Total liabilities and Net Assets	¥ 138,671	¥ 102,341