Hoshizaki Balance Sheet

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	167,537	239,035	254,530	226,065	240,723	217,212
Cash & Short-Term Investments	167,537	239,035	254,530	226,065	240,723	217,212
Cash Growth	-27.82%	-6.09%	12.59%	-6.09%	10.82%	0.98%
Receivables	81,037	68,787	51,477	45,294	30,888	26,915
Inventory	77,229	69,164	52,263	51,825	35,555	28,405
Other Current Assets	7,271	13,321	5,875	5,056	3,479	4,709
Total Current Assets	333,074	390,307	364,145	328,240	310,645	277,241
Property, Plant & Equipment	86,566	80,498	53,034	47,900	43,174	42,345
Long-Term Investments	40,433	22,679	19,100	17,271	11,956	11,184
Goodwill	74,849	24,160	9,382	15,752	-	-
Other Intangible Assets	23,970	15,986	8,975	2,094	2,766	3,510
Long-Term Deferred Tax Assets	-	10,314	10,723	10,968	9,927	9,112
Other Long-Term Assets	2	-	2	2	1	1
Total Assets	558,894	543,944	465,361	422,227	378,469	343,393
Accounts Payable	39,348	36,252	30,308	32,714	26,070	16,052
Accrued Expenses	10,815	-	-	-	-	-
Current Income Taxes Payable	8,553	6,750	5,952	4,066	6,502	1,632
Other Current Liabilities	77,926	85,588	68,378	66,207	61,876	62,581
Total Current Liabilities	141,994	128,590	104,638	102,987	94,448	80,265
Pension & Post-Retirement Benefits	12,076	18,732	21,666	21,786	20,241	20,073
Long-Term Deferred Tax Liabilities	-	8,723	-	-	-	-
Other Long-Term Liabilities	16,188	5,222	6,121	4,828	3,918	3,343
Total Liabilities	170,258	161,267	132,425	129,601	118,607	103,681
Common Stock	8,138	8,138	8,098	8,070	8,052	8,021
Additional Paid-In Capital	14,655	14,660	14,620	14,593	14,574	14,543
Retained Earnings	313,388	295,561	274,766	252,508	239,958	226,244
Treasury Stock	-19,919	-14,514	-8	-8	-6	-5
Comprehensive Income & Other	52,666	60,078	31,021	14,163	-4,751	-10,659
Total Common Equity	368,928	363,923	328,497	289,326	257,827	238,144
Minority Interest	19,708	18,754	4,439	3,300	2,035	1,568
Shareholders' Equity	388,636	382,677	332,936	292,626	259,862	239,712
Total Liabilities & Equity	558,894	543,944	465,361	422,227	378,469	343,393
Net Cash (Debt)	162,185	239,035	254,530	226,065	240,723	217,212
Net Cash Growth	-28.36%	-6.09%	12.59%	-6.09%	10.82%	0.98%
Net Cash Per Share	1144.06	1662.29	1756.98	1560.60	1661.90	1499.67
Filing Date Shares Outstanding	141.35	141.33	144.87	144.86	144.85	144.84
Total Common Shares Outstanding	141.35	142.26	144.87	144.86	144.85	144.84
Working Capital	191,080	261,717	259,507	225,253	216,197	196,976
Book Value Per Share	2610.07	2558.12	2267.49	1997.27	1779.92	1644.18
Tangible Book Value	270,109	323,777	310,140	271,480	255,061	234,634
Tangible Book Value Per Share	1910.95	2275.92	2140.78	1874.07	1760.83	1619.94

Source: S&P Global Market Intelligence. Standard template. Financial Sources.