JP-listed companies
GRCS Inc.

GRCS Inc.JP:9250

Market cap

¥2B

P/E ratio

Income statement Balance sheet Cash flow

	Nov 30, 2019	Nov 30, 2020	Nov 30, 2021	Nov 30, 2022	Nov 30, 2023
Profit (loss) before income taxes	-70	22	100	-191	-173
Depreciation	6	7	7	9	14
Amortization of goodwill	-	-	-	9	33
Interest income	-0	-0	-0	-0	-0
Surrender value of insurance policies	-	-	-	-15	-
Interest expenses	2	3	4	4	7
Foreign exchange losses (gains)	-0	0	-0	-0	4
Loss on retirement of non-current assets	-	-	-	4	-
Decrease (increase) in trade receivables	-32	-114	26	-133	59
Decrease (increase) in inventories	-3	-3	5	1	-1
Increase (decrease) in trade payables	21	12	4	43	-38
Increase (decrease) in provision for bonuses	-	-	-	0	1
Going public expenses	-	-	14	2	-
Increase (decrease) in contract liabilities	-	-	-	23	51
Decrease (increase) in advance payments to suppliers	-7	1	-15	6	-34
Increase (decrease) in accrued expenses	14	12	21	54	7
Increase (decrease) in accrued consumption taxes	16	26	-14	-6	-13
Increase (decrease) in income taxes payable - factor based tax	2	-5	13	-8	-1
Decrease (increase) in other assets	0	-4	-4	-28	-17
Increase (decrease) in other liabilities	6	-4	0	0	2
Other, net	-	-	-	-	0
Subtotal	-34	-34	167	-225	-99
Interest received	0	0	0	0	0
Interest paid	-2	-3	-4	-4	-7
Income taxes paid	-1	-1	-0	-24	-25
Income taxes refund	-	-	-	1	9
Net cash provided by (used in) operating activities	-35	-37	162	-252	-122
Purchase of property, plant and equipment	-	-1	-4	-29	-28
Purchase of intangible assets	-1	-	-	-1	-7
Payments for asset retirement obligations	-	-	-	-	-6
Payments for acquisition of businesses	-	-	-	-	-179
Proceeds from cancellation of insurance funds	-	-	-	15	-
Payments of guarantee deposits	-1	-	-4	-25	-8
Proceeds from refund of guarantee deposits	-	-	-	-	14
Purchase of long-term prepaid expenses	-	-	-1	-1	-
Proceeds from purchase of shares of subsidiaries resulting in change in scope of consolidation	-	-	-	61	-
Other, net	-	-	-	-	-0
Net cash provided by (used in) investing activities	-3	-1	-9	20	-214
Net increase (decrease) in short-term borrowings	-	-	38	-8	71
Proceeds from long-term borrowings	70	85	150	420	100
Repayments of long-term borrowings	-70	-70	-203	-108	-163
Proceeds from issuance of bonds	-	-	-	-	98
Redemption of bonds	-	-	-	-	-10
Purchase of treasury shares	-	-	-	-100	-
Proceeds from issuance of shares resulting from exercise of share acquisition rights	-	-	-	2	9
Other, net	-	-	-	-2	-
Net cash provided by (used in) financing activities	159	15	468	204	104
Effect of exchange rate change on cash and cash equivalents	0	-0	0	0	-4
Net increase (decrease) in cash and cash equivalents	121	-23	621	-28	-236