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 | |