Innovation Inc. (3970) Balance sheet

Market cap

¥2.5B

P/E ratio

-5.3x

Innovation streamlines B2B sales through IT comparison platforms like IT Trend and marketing automation tools including List Finder and SHANON MARKETING PLATFORM.

Summary Financials Dividends History Segments Ownership Workforce

Income statement Balance sheet Cash flow Other

	2015/03	2016/03	2017/03	2018/03	2019/03	2020/03	2021/03	2022/03	2023/03	2024/03	2025/03
Cash and cash equivalents	-	304	903	736	662	666	1,998	2,181	2,295	3,280	3,576
Marketable securities, current	-	-	-	-	-	-	-	-	75	168	165
Total cash & short-term investments	-	304	903	736	662	666	1,998	2,181	2,370	3,448	3,741
Accounts receivable, net	-	-	-	-	-	-	501	704	512	694	-
Total current assets	-	524	1,164	1,032	974	1,005	2,590	3,015	3,085	4,214	4,976
Property, plant and equipment, net	-	14	21	18	15	19	22	19	17	31	75
Marketable securities, non-current	-	-	-	-	-	48	267	390	370	115	104
Total non-current assets	-	92	71	88	142	316	547	755	710	464	3,345
Total assets	-	616	1,235	1,120	1,116	1,321	3,137	3,769	3,795	4,678	8,322
Short-term debt	-	40	-	-	-	-	-	-	-	-	2,200
Long-term debt, current	-	57	56	45	30	19	-	-	-	100	185
Total current liabilities	-	236	312	212	228	375	593	727	592	884	3,748
Total non-current liabilities	-	150	94	49	19	11	13	20	22	227	506
Total liabilities	-	386	407	261	247	386	606	747	615	1,111	4,254
Retained earnings	-	53	174	198	207	299	592	1,041	1,005	1,151	1,107
Stockholders' equity	86	229	829	860	869	935	2,531	3,022	3,180	3,567	4,067