Pepper Food Service 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 2019	FY 2018	FY 2017
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017
Cash & Equivalents	2,056	2,179	2,121	2,469	6,733	4,365
Short-Term Investments	-	-	-	-	5.36	11.82
Cash & Short-Term Investments	2,056	2,179	2,121	2,469	6,738	4,377
Cash Growth	-45.23%	2.73%	-14.09%	-63.36%	53.96%	-
Accounts Receivable	515	577	561	2,282	4,332	2,670
Other Receivables	-	344	378	1,601	316.23	173.99
Receivables	515	951	981	3,883	4,718	2,851
Inventory	172	183	189	582	644.11	349.13
Prepaid Expenses	-	134	125	-	454.28	300.28
Other Current Assets	470	46	40	552	-	-
Total Current Assets	3,213	3,493	3,456	7,486	12,555	7,877
Property, Plant & Equipment	787	700	762	10,455	9,943	5,831
Long-Term Investments	-	20	17	4,284	92.24	54.22
Other Intangible Assets	69	35	24	110	40	63.65
Long-Term Deferred Tax Assets	38	43	-	1,074	1,058	560.79
Other Long-Term Assets	1,421	1,347	-2,086	1	2,880	2,081
Total Assets	5,711	5,642	5,641	23,459	27,253	16,516
Accounts Payable	704	793	829	6,562	7,144	4,450
Accrued Expenses	17	422	414	-	-	-
Short-Term Debt	-	-	31	-	-	-
Current Portion of Long-Term Debt	-	-	495	3,281	2,270	1,092
Current Income Taxes Payable	113	63	68	1,015	1,359	687.8
Current Unearned Revenue	17	16	8	-	1,236	791.97
Other Current Liabilities	753	425	440	4,052	5,610	2,700
Total Current Liabilities	1,604	1,719	2,285	14,910	17,619	9,723
Long-Term Debt	-	-	31	4,976	2,931	1,439
Long-Term Unearned Revenue	38	14	-	-	122.89	71.68
Other Long-Term Liabilities	738	758	784	2,978	2,598	1,186
Total Liabilities	2,380	2,491	3,100	22,864	23,271	12,419
Common Stock	186	10	10	1,644	1,533	1,485
Additional Paid-In Capital	3,284	3,107	3,231	924	859.02	800.07
Retained Earnings	-158	30	30	-2,125	1,463	1,717
Treasury Stock	-	-	-	-	-0.13	-0.13
Comprehensive Income & Other	19	4	-730	152	127.14	95.17
Shareholders' Equity	3,331	3,151	2,541	595	3,982	4,097
Total Liabilities & Equity	5,711	5,642	5,641	23,459	27,253	16,516
Total Debt	-	-	557	8,257	5,201	2,530
Net Cash (Debt)	2,056	2,179	1,564	-5,788	1,537	1,846
Net Cash Growth	-	39.32%	-	-	-16.75%	-
Net Cash Per Share	34.08	37.26	32.46	-275.83	71.11	86.34
Filing Date Shares Outstanding	61.42	59.66	48.19	23.01	20.82	20.62
Total Common Shares Outstanding	61.42	59.66	48.19	21.09	20.82	20.62
Working Capital	1,609	1,774	1,171	-7,424	-5,064	-1,845
Book Value Per Share	54.23	52.81	52.73	28.21	191.27	198.71
Tangible Book Value	3,079	3,116	2,517	485	3,942	4,034
Tangible Book Value Per Share	50.13	52.23	52.23	22.99	189.35	195.62
Land	-	-	-	-	13.35	13.35
Machinery	-	-	-	-	2,205	1,411
Construction In Progress	-	-	-	-	48.2	517.26
Leasehold Improvements	-	-	-	-	11,536	5,727

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