(184A) Balance sheet

Market cap

¥1.1B

P/E ratio

12.9x

Manaido provides video-based learning platforms and management tools for students, cram schools, and educational businesses across Japan.

	2021/04	2022/04	2023/04	2024/04	2025/04	2026/04
Cash and cash equivalents	-	50	123	142	30	460
Total current assets	-	134	314	392	151	549
Property, plant and equipment, net	-	53	51	49	57	52
Total non-current assets	-	59	56	60	68	70
Total assets	-	193	370	452	220	619
Long-term debt, current	-	14	32	24	20	16
Total current liabilities	-	75	124	116	53	68
Total non-current liabilities	-	40	75	47	31	15
Total liabilities	-	115	199	163	84	83
Retained earnings	-	-152	-59	59	-259	-438
Stockholders' equity	164	78	171	289	135	536